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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. Located in North Wrigley's stable residential community of well-maintained single-family homes with strong pride of ownership, 3029 Pacific Ave offers exceptional versatility for any rental strategy. Short-term guests benefit from proximity to Long Beach Airport and 2028 Olympics venues, while mid-term rentals thrive with traveling nurses drawn to three major medical centers within minutes. Long-term tenants appreciate the established neighborhood character, and seamless access to Downtown Long Beach, the 710/405 freeways, public transportation such as Bus Line 182 and Metro A Line - making this an ideal location for professionals, families, and visitors alike, whether you're staying short-term, mid-term, or long-term. 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. Two ADUs will be delivered vacant at close of escrow"”ideal for short-, mid-, long 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. Reach out for details and Lender Referral for 20% Down DSCR loan. OM (Full Investment Package) available upon request.
Property Type(s):
Residential Income
| Last Updated | 9/4/2025 | Tract | Wrigley Area (WR) |
|---|---|---|---|
| Year Built | 1955 | Community | 5 - Wrigley Area |
| County | Los Angeles |
Price History
| Prior to Aug 4, '25 | $1,375,000 |
|---|---|
| Aug 4, '25 - Sep 4, '25 | $1,335,000 |
| Sep 4, '25 - Today | $1,300,000 |
Additional Details
| AREA | 5 - Wrigley Area |
|---|---|
| LOT | 4360 sq ft |
| PARKING | Asphalt, Concrete, Driveway, On Site, Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Wrigley Area (WR) |
| WATER | Public |
Location
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Listed with Sage Real Estate Group, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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