FOR SALE
Listed by Andrea Swann, Swann Investments, (310) 464-7647
3029 Pacific Ave
Long Beach, CA 90806
Wrigley
6 Beds
4 Baths
2,654 sqft
- 6 Beds
- 4 Baths
- 2,654 sqft
6 Beds
4 Baths
2,654 sqft
Local Information
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Description
Exceptional Turnkey Investment Opportunity with Upside Potential This inviting property presents the opportunity for both new and experienced investors. 3029-3031 Pacific Ave features a mix of four distinct units across two separate buildings, combining modern living with investment potential.The front building is a two-story structure offering a 2-bedroom, 1-bath unit on each floor. The ground-level unit has been completely refurbished in 2022, boasting contemporary finishes and amenities. The upper unit offers comfortable living space with the potential for enhancement and increased rental income.In the rear, two newly constructed Accessory Dwelling Units (ADUs), completed in 2023, provide a brand-new living experience. These units, transformed from former garages, have their individual water and electric meters, ensuring ease of management. Each ADU offers modern design, privacy, and convenience, with separate entryways and addresses.Unit Details:**Unit 1 (3029): Ground-level 2 bed 1 bath, fully remodeled. Current rent: $2,750/month (month-to-month lease).**Unit 2 (3031): Second-floor 2 bed 1 bath. Current rent: $2,100/month (month-to-month lease).**ADU1 (3029A): Newly constructed, sleek efficient 1 Bed design. Leased until 9/3/2024 at $1,730/month.**ADU2 (3029B): Newly constructed, sleek efficient 1 Bed design. Leased until 7/31/2024 at $1,695/month.With its combination of fully remodeled and new construction units, plus one unit poised for rehab and rent growth, this investment is a rare find. It's perfect for those looking to step into a nearly turnkey operation or seasoned investors seeking a property with both stability and upside potential.
Home Highlights
Parking
4 Parking Spaces
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$518
Listed
82 days ago
Home Details for 3029 Pacific Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2654 Square Feet |
Appliances & Utilities Laundry: See Remarks |
Heating & Cooling Heating: Wall Furnace,DuctlessHas CoolingAir Conditioning: Wall/Window Unit(s),DuctlessHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Multi/SplitEntry Location: Ground level entry for three of the four units. |
View No ViewView: None |
Exterior Features |
|---|
Exterior Home Features Patio / Porch: NoneFencing: NoneNo Private Pool |
Parking & Garage No GarageParking Spaces: 4 |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 82 |
Property Information |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not Attached Property |
Property Information Condition: Updated/Remodeled, TurnkeyParcel Number: 7206009032 |
Price & Status |
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Price List Price: $1,375,000Price Per Sqft: $518 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Long Beach |
Agent Information |
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Listing Agent Listing ID: P1-16320 |
Community |
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Community Features: SuburbanNot Senior CommunityUnits in Building: 4 |
HOA |
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Association for this Listing: California Regional MLS (Ventura & Pasadena-Foothills AORs)No HOA |
Lot Information |
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Lot Area: 4361 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: P1-16320 |
Additional Information |
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Suburban |
Last check for updates: about 23 hours ago
Listing Provided by: Andrea Swann DRE #02192788, (310) 464-7647
Swann Investments
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Source: CRMLS, MLS#P1-16320
Price History for 3029 Pacific Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/23/2024 | $1,375,000 | PendingToActive | CRMLS #P1-16320 |
| 04/04/2024 | $1,375,000 | Contingent | CRMLS #P1-16320 |
| 03/15/2024 | $1,375,000 | PendingToActive | CRMLS #P1-16320 |
| 03/08/2024 | $1,375,000 | Contingent | CRMLS #P1-16320 |
| 03/01/2024 | $1,375,000 | PriceChange | CRMLS #P1-16320 |
| 02/05/2024 | $1,400,000 | Listed For Sale | CRMLS #P1-16320 |
| 06/21/2022 | $690,000 | Sold | CRMLS #IV22060537 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $9,501 |
| Assessment | $703,800 |
Home facts updated by county records
Comparable Sales for 3029 Pacific Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $835,000 | 10/04/23 | 4 | 2 | 1,898 | |
0.56 | Multi-Family Home | $950,000 | 06/08/23 | 5 | 3 | 2,644 | |
0.40 | Multi-Family Home | $1,175,000 | 09/08/23 | 8 | 6 | 3,556 | |
0.96 | Multi-Family Home | $925,000 | 07/03/23 | 5 | 4 | 2,569 | |
0.96 | Multi-Family Home | $875,000 | 04/05/24 | 6 | 5 | 2,394 | |
0.96 | Multi-Family Home | $1,117,935 | 08/01/23 | 4 | 4 | 2,614 | |
0.76 | Multi-Family Home | $1,565,000 | 06/26/23 | 7 | 5 | 4,230 | |
0.79 | Multi-Family Home | $900,000 | 08/31/23 | 4 | 2 | 1,899 | |
1.14 | Multi-Family Home | $1,170,000 | 02/16/24 | 6 | 4 | 2,694 | |
0.89 | Multi-Family Home | $716,000 | 12/19/23 | 3 | 3 | 1,603 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Wrigley
- Ursula Rivera
- Visitor
- 1mo ago
"It’s a safe place to call home and the neighborhood is quiet but most of all very friendly. It’s unique in plenty ways starting off with the environment"
- Trulia User
- Prev. Resident
- 1y ago
"westside Is nice place to live and visit. shopping and metro nearby. hospital nearby. beach only 2 miles away"
- Trulia User
- Resident
- 1y ago
"Personally I’m hesitant getting a dog living in a 1 bedroom apartment. I wonder if that’s also something that crosses other peoples minds."
- Trulia User
- Resident
- 1y ago
"great friendly neighborhood , very quiet and clean. at night it feels safe as well during the day, very dog friendly, love!"
- Trulia User
- Resident
- 2y ago
"Lots of cops and ambulances lots of homeless people but cheap housing and no parking no where Never "
- Trulia User
- Resident
- 3y ago
"I drive my own car everywhere. I prefer it that way because I’ve heard a lot of sketchy stories about people messing with commuters."
- Chrisgranneberg
- Resident
- 3y ago
"Diverse neighborhood and almost everyone says hello, it feels like a neighborhood where most people know each other. The only thing is fireworks May through July, waking kids and scaring pets and making it hard for tired parents. We like that everyone decorates for holidays."
- Cassie W.
- Resident
- 4y ago
"This is not the best neighborhood for children. It’s often dangerous, people speed when driving down the street, blow through stop signs, etc. I would also be scared of children walking home from school alone. "
- Nancy
- Resident
- 4y ago
"Dangerous at night, many transits. Wouldn't walk alone past 6pm many weird people walking near cars, homes, and streets"
- Cassie W.
- Resident
- 4y ago
"Close to freeways and close to the downtown area. We don’t walk much in the neighborhood as it oftentimes feels unsafe, especially at night. Due to a lack of parking we often use ride share apps to get around town, again, especially at night. "
- Handresga
- Resident
- 4y ago
"there are numerous dog owners. although I don't own a dog anymore I'd say that some people pick up their poop instead of living on people's porches"
- Amanda M.
- Resident
- 4y ago
"There are many families in this neighborhood but also a lot of weirdos. Neighbors mostly like to keep to themselves, incase you are an extrovert. "
- Denisegenae
- Resident
- 4y ago
"Pro there are a lot of dog owners in the area. Cons there isn’t enough dog parks around to let our dogs loose, not enough owners picking up after there dogs, not many housing accept dogs and high prices on pet rent and/or pet deposit. "
- Denisegenae
- Resident
- 4y ago
"I want to move out of this area. It’s a blend to whom to blame for the area being the way it is. The property owners and people renting need to come together and clean up the communities. People living in the area clean up your messes and respect where you live. Owners should take time to take care of their buildings because not everyone in the areas deserve to live under a lot of your conditions. The sanitation department should do better at aiming for the opening where the crash goes because they leave piles of trash in the streets. I’ve had my fair share of homeless admirers strolling and hanging out in front of our gate. "
- Thecmmndcntr
- Resident
- 4y ago
"I’m close to the beach everything is in walking distance. Donut shop grocery stores public transportation. I have access to several different freeways from my location. Neighbors are friendly dogs are nice there is a school within the neighborhood as well which is a fun future. We also have a dog park within walking distance"
- Loren H.
- Resident
- 4y ago
"Great place for a dog as long as they’re on a leash. Most owners are respectful of others making the neighborhood better for everyone."
- Bshank2012
- Resident
- 4y ago
"I’ve lived in this neighborhood for 13 years & absolutely love it!! Now we’re looking for a home with a pool "
- Kevin K. H.
- Resident
- 4y ago
"They need to something about parking along Daisy park. Maybe 2hour parking limits so people can use the park and we Need Permit Parking So home owners can park in front of their homes"
- Bawbee1028
- Resident
- 4y ago
"Good and safe place to walk your dog, really quiet neighborhood and really peaceful . I always see people pick up after their dog"
- Thecmmndcntr
- Resident
- 4y ago
"Good times in the Wrigley. There is a school in the neighborhood which my daughter goes to and we often walk kids and dog"
- Eugene O.
- Resident
- 4y ago
"It’s hard to get parking you have to choose if you want to go somewhere and come back to no parking."
- FredJ
- Resident
- 4y ago
"I have lived here for over 7 years, great area. Kids go to the local elementary school, I could not be happier."
- Chelsea Y. V.
- Resident
- 4y ago
"First few months and our street feels safe but not sure about immediate surrounding areas. A little bit or miss."
- Jade C.
- Resident
- 4y ago
"Right by the 710 so it makes going to DTLA super easy! The metro is also pretty close by and there are a bunch of bus stops as well. "
- Zach
- Visitor
- 5y ago
"It needs improvements. Home owners need to upkeep their property. They need to park correctly and consistently to give room for driveways for vehicles. "
- Abdul C.
- Resident
- 5y ago
"I've lived in this apartment in South Wrigley since this January! And I LOVE it! The apartments are a decent size, and our neighbors are friendly!"
- Jane
- Resident
- 5y ago
"Dog friendly, nice neighborhood. A mix of classes and races. Some people don’t pick up after their dogs community is usually quiet except for 4th of July too many fireworks. A lot of drug dealing."
- Jane
- Resident
- 5y ago
"Too many transients due to metro station do not walk alone past 6p, it is not safe terrible school district and overpriced rent."
- Erika G.
- Prev. Resident
- 5y ago
"The Neighboor amazing i lived here for 12 years . Neighbors are great ! A bit of wild animals just raccoons at night . The wrigley is quiet and a good environment "
- Kay R.
- Resident
- 5y ago
"There’s a lot of cats and places to walk your dog. People don’t pick up their dogs poop. But it’s a great neighborhood......."
- Shanleyberry
- Resident
- 5y ago
"it's a decent area, not a lot of crime, friendly people, easy to walk around. not sure about any of the schools"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Andrea Swann, Swann Investments
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.