- 6 Beds
- 4 Baths
- .1 Acres
- 141 DOM
3029 Pacific Avenue
Prime North Wrigley Location. 4-Units | Duplex + 2 ADU (2023) | 5.90% CAP | 11.86 GRM | $298K/PPU. Ideal for DSCR, Non-QM, and 1031 Exchange Buyers. 3 of 4 units Renovated - Turnkey. Low CapEx. Two 2023-Built ADUs - Fully Permitted, Turnkey Income Units. One 2BR in Original Condition - Simple Value-Add Opportunity. Excellent for Short, Mid, and Long Term Rentals. Located in the northern section of Long Beach’s sought-after Wrigley neighborhood, 3029 Pacific Ave is a turn-key 4-unit income property offering immediate cash flow, updated interiors, and long-term upside potential. Set on a wide, tree-lined street just north of Willow, this location sits within one of Wrigley’s more desirable pockets—known for larger lots, higher owner occupancy, and proximity to Bixby Knolls, Virginia Country Club, and the 405 Freeway. The property’s proximity to Pacific Hospital of Long Beach, Memorial Medical Center, and multiple transit options—including the Metro A Line (Wardlow & Willow stations) and Bus Line 182—enhances its appeal to renters seeking convenience, access, and connectivity. The unit mix includes two spacious 2 bed / 1 bath units and two newer 1 bed / 1 bath ADUs, completed in 2023 as permitted garage conversions. The unit mix is perfect for long-term market rent or short-term and mid-term rental strategies. The downstairs 2BR unit was fully renovated in 2023 with modern finishes and in-unit laundry, while the upstairs 2BR remains in original condition, presenting an easy value-add opportunity. A coin-operated laundromat just two doors down adds extra convenience for tenants. With uncovered parking, separate meters, and LBR2N zoning, this is a well-located, low-maintenance asset in a high-demand rental submarket—with the hard work already done.
Essential Information
- MLS® #PW25142786
- Price$1,195,000
- Bedrooms6
- Bathrooms4.00
- Acres0.10
- Year Built1955
- TypeResidential Income
- Sub-TypeQuadruplex
- StatusActive Under Contract
Community Information
- Address3029 Pacific Avenue
- Area5 - Wrigley Area
- SubdivisionWrigley Heights (WH)
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
Amenities
- Parking Spaces4
- PoolNone
Parking
Asphalt, Concrete, Driveway, One Space, On Site, Paved, Uncovered
Garages
Asphalt, Concrete, Driveway, One Space, On Site, Paved, Uncovered
Interior
- # of Stories2
- StoriesTwo
Exterior
- Lot DescriptionTwoToFiveUnitsAcre
Additional Information
- Date ListedJune 25th, 2025
- Days on Market141
- ZoningLBR2N
Listing Details
- AgentNaomi Yamagami Reed
- OfficeSage Real Estate Group, Inc.
Price Change History for 3029 Pacific Avenue, Long Beach, (MLS® #PW25142786)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Price Reduced from $1,300,000 to $1,195,000 | ||
| Price Reduced from $1,335,000 to $1,300,000 | ||
| Price Reduced from $1,375,000 to $1,335,000 |
Naomi Yamagami Reed, Sage Real Estate Group, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of January 12th, 2026 at 6:55pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.