• Asking Price $8,750,000
  • Estimated Value: $3,011,285
  • 3430 ELM AVE LONG BEACH, CA 90807

  • 2.7 Baths 56,690 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 3430 ELM AVE, LONG BEACH, CA 90807

Features

  • Price/sqft: $154
  • Lot Size: 13216
  • Total Units: 14
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1962
  • Property ID: 894967410
  • MLS Number: OC24133197
  • Parcel Number: 7145-011-013
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Discover an exceptional investment opportunity in Bixby with this well-maintained multi-family residential income portfolio. This portfolio presents an attractive opportunity consisting of 28 2-bedroom units, each offering 1.5 or 1.75 baths.nBuilding 1: 3430 ELM AVENUEn14 units all 2 bedrooms and 1.5 bathnBuilding 2: 3440 ELM AVENUE:n14 units all 2 bedrooms and 1.75 bathnnn**Key Features:**ncommit;n- **Location:** Conveniently situated close to freeways and downtown Bixby, providing easy access to amenities and commuter routes. Atlantic and Wardlow, 405 Highway, Metrolink, Public Transportation available. Close to hospitals, retail shopping centers, and parks. n- **Unit Configuration:** All units are spacious 2-bedroom layouts, designed to appeal to a wide range of tenants seeking comfort and convenience.n Units can be renovated to generate higher market rent. n- **Maintenance:** Well-maintained buildings with recent updates. New Boiler in 3430, Resident Manager on-site.n- **Community Amenities:** Nearby parks, shopping, dining, and entertainment options enhance tenant satisfaction and attract potential renters.n- **Parcel Details:** Comprising two separate parcels sold as one portfolio, providing flexibility and potential for future development or management strategies.

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Property Brokerage: Realty ONE Group West 2134 Main Street, Suite 140 Huntington Beach CA 92648
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.