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3029 Pacific Avenue
USD 1,400,000
Property ID: P1-16320
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3029 Pacific Avenue ,90806
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icon 4361 SqFt
icon Built in 1955
icon USD 321/SqFt
icon 6 Beds
icon 4 Full
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Location Street View
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Interior Details
Bedrooms
6
Bathrooms
4
Interior Size
2654
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1955
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (29)
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3029 Pacific Avenue
USD 1,400,000 6 Beds
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