$8,750,000
3430 Elm Avenue Long Beach, CA 90807
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$8,750,000
Est. payment /mo
56,690 SqFt
UPDATED:
11/20/2024 11:48 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 56,690 sqft
Price per Sqft $154
MLS Listing ID CROC24133197
HOA Y/N No
Year Built 1964
Lot Size 0.645 Acres
Acres 0.65
Property Description
Back on the Market: This is a great opportunity for a buyer who can perform! There is only UPSIDE HERE! 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. Building 1: 3430 ELM AVENUE 14 units all 2 bedrooms and 1.5 bath Building 2: 3440 ELM AVENUE: 14 units all 2 bedrooms and 1.75 bath **Key Features:** - **Location:** Conveniently situated close to freeways and downtown Bixby, providing easy access to amenities and commuter routes. Atlantic and Wardlow, 405 Highway, Metrolink, and public transportation are available. They are close to hospitals, retail shopping centers, and parks. - **Unit Configuration:** All units are spacious 2-bedroom layouts, designed to appeal to a wide range of tenants seeking comfort and convenience. Units can be renovated to generate higher market rent. - **Maintenance:** Well-maintained buildings with recent updates. New Boiler in 3430, Resident Manager on-site. Newly updated units. - **Community Amenities:** Nearby parks, shopping, dining, and entertainment options enhance tenant satisfaction and attract potential renters. - **Parcel Details:** Comprising two sepa
Location
State CA
County Los Angeles
Area Listing
Zoning LB4R
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Other
Total Parking Spaces 24
Building
New Construction No
Others
Tax ID 7145011012
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Listed by Maty Guiza • Realty One Group West
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