3029 Pacific Avenue

Off Market

3029 Pacific Avenue

Long Beach CA 90806

4361 sq. ft.

Multi-Family

Last sold for $1,135,000

Naomi Reed, last sold this property on 03 February 2026 after 217 days on market.

Overview

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 Beachs 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 Wrigleys more desirable pocketsknown for larger lots, higher owner occupancy, and proximity to Bixby Knolls, Virginia Country Club, and the 405 Freeway. The propertys proximity to Pacific Hospital of Long Beach, Memorial Medical Center, and multiple transit optionsincluding the Metro A Line (Wardlow & Willow stations) and Bus Line 182enhances 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 submarketwith the hard work already done.

Features

6 bedrooms

4 bathrooms

4361 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 3029 Pacific Avenue is $1.21m.

Median value

$1.21m

Estimated value range

$880k - $3.8m

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Long Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3029 Pacific Avenue

2026

Sold

$1,135,000

03 Feb 2026 by Naomi Reed, of SAGE REAL ESTATE

2022

Sold

$690,000

21 Jun 2022 by BRYAN EDGELL, of Standing Stone Real Estate

Happy sellers in Long Beach

We have insufficient information to provide an overview of customer satisfaction for Long Beach. Viewing the agent profiles, reviews and sales for Long Beach can provide insights for this location.

Local market activity for 6 bedroom multi families in Long Beach

In the last 12 months, 5 six-bedroom multi families similar to 3029 Pacific Avenue, have been sold.

This represents a 66% decrease in six-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Long Beach for a market analysis.

Costanza Genoese Zerbi

at eXp of Greater Los Angeles Inc

(64 reviews)

Get a market analysis

Laura Greene

at REMAX Galaxy | Diamond Bar

(3 reviews)

Get a market analysis

Vidya Naik

at ESTATE PROPERTIES

(9 reviews)

Get a market analysis

Andrea Routh

(11 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Long Beach

Costanza Genoese Zerbi

Costanza Genoese Zerbi is an award winning recommended agent for Long Beach. They have 3 local sales and collected 2 local reviews across the last 12 months.