Sold for $1,320,000

Listed by: Seven Gables Real Estate • Jack Harriman • Contact: 714-731-3777

Bought with: NONMEMBER MRML

Tax assessed value

$1,320,000

2972 Pacific Ave APT A, Long Beach, CA 90806

8beds

4baths

4,020sqft

Quadruplex

Built in 1953

-- sqft lot

$1,463,600 Zestimate^®

$328/sqft

$2,711 Estimated rent

Home value

$1,463,600

$1.35M - $1.60M

$2,711/mo

Zestimate^® history

Owner options

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$2,711/mo

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$2,711/mo

Rent Zestimate^®

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$8,527/mo

Est. payment

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$8,527/mo

Est. payment

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What's special

Fantastic Fourplex in Highly Desirable Wrigley Heights! Centrally located in Long Beach, just minutes from downtown, the Blue Line station, and major freeways (710, 110, 405 & 605), this property offers tremendous appeal. Nestled near the tree-filled Veterans Park, this charming four-unit complex features spacious 2-bedroom, 1-bath units, each over 1,000 sq. ft., set on a 6,495 sq. ft. lot. Each unit is separately metered for gas and electricity, providing convenience. The property includes four detached garages for tenant parking and a dedicated laundry room off secure courtyard. This is a prime investment opportunity in a sought-after location with attractive rental potential.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Rooms

Room types: Kitchen

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Dryer, Washer
Laundry: Common Area

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,020
Total interior livable area: 4,020 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Fencing: Block,Wrought Iron
Has view: Yes
View description: City Lights, Neighborhood

Lot

Size: 6,579 Square Feet
Features: Level, Near Park, Near Public Transit

Details

Parcel number: 7206005003
Zoning: LBR2N
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Quadruplex
Attached to another structure: Yes

Materials

Stucco, Wood Siding

Condition

New construction: No
Year built: 1953

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Sidewalks, Park
Subdivision: Wrigley Area (Wr)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $328/sqft
Tax assessed value: $1,320,000
Annual tax amount: $17,780
Date on market: 6/18/2024
Cumulative days on market: 9 days
Listing terms: Submit
Total actual rent: 6390
Tenant pays: Cable TV, Electricity, Gas
Road surface type: Paved

Price history

Date	Event	Price
6/25/2026	Listing removed	$2,750$1/sqft
Source: Zillow Rentals Report a problem
5/27/2026	Listed for rent	$2,750$1/sqft
Source: Zillow Rentals Report a problem
5/27/2026	Listing removed	$2,750$1/sqft
Source: Zillow Rentals Report a problem
4/24/2026	Listed for rent	$2,750$1/sqft
Source: Zillow Rentals Report a problem
6/11/2025	Listing removed	$2,750$1/sqft
Source: Zillow Rentals Report a problem
5/7/2025	Price change	$2,750-8.3%$1/sqft
Source: Zillow Rentals Report a problem
3/29/2025	Listed for rent	$2,999+131.6%$1/sqft
Source: Zillow Rentals Report a problem
8/12/2024	Sold	$1,320,000+3.5%$328/sqft
Source: CRMLS #CV24117488 Report a problem
7/17/2024	Pending sale	$1,275,000$317/sqft
Source: CRMLS #CV24117488 Report a problem
6/29/2024	Contingent	$1,275,000$317/sqft
Source: CRMLS #CV24117488 Report a problem
6/18/2024	Listed for sale	$1,275,000+98355.6%$317/sqft
Source: CRMLS #CV24117488 Report a problem
3/7/2013	Listing removed	$1,295
Source: Team Thompson Property Management Report a problem
1/22/2013	Listed for rent	$1,295
Source: Team Thompson Property Management Report a problem
1/15/2013	Listing removed	$1,295
Source: Team Thompson Property Management Report a problem
12/13/2012	Listed for sale	$1,295
Source: Team Thompson Property Management Report a problem
11/16/2011	Listing removed	$1,295
Source: Team Thompson Property Management Report a problem
11/7/2011	Listed for sale	$1,295-99.8%
Source: Team Thompson Property Management Report a problem
10/15/2008	Sold	$660,000-14.8%$164/sqft
Source: Public Record Report a problem
11/15/2006	Sold	$775,000$193/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,780 +57.3%	$1,320,000 +58.4%
2024	$11,305 +1.7%	$833,243 +2%
2023	$11,114 +6.4%	$816,906 +2%
2022	$10,447 +2.2%	$800,890 +2%
2021	$10,223 +0.3%	$785,187 +1%
2020	$10,196	$777,137 +2%
2019	$10,196 +4.7%	$761,900 +2%
2018	$9,738	$746,961 +2%
2017	$9,738 +1.1%	$732,315 +2%
2016	$9,636 +7.7%	$717,957 +1.5%
2015	$8,947 +4.7%	$707,174 +2%
2014	$8,547	$693,323 +2.5%
2012	--	$676,659 +2%
2011	--	$663,392 +0.8%
2010	--	$658,435 -0.2%
2009	--	$660,000 -16.5%
2008	--	$790,500 +2%
2007	--	$775,000 +128.8%
2006	--	$338,651
2005	--	$338,651 +4%
2004	--	$325,502 +1.9%
2003	--	$319,537 +2%
2002	--	$313,273 +4%
2000	--	$301,111