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Listed by Maty Guiza • Realty One Group West
$ 7,440,000
Est. payment /mo
New
3430 Elm Avenue Long Beach, CA 90807
56,690 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 56,690 sqft
Price per Sqft $131
MLS Listing ID CROC25219794
HOA Y/N No
Year Built 1964
Lot Size 0.645 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Back on the Market: This is a great opportunity for a buyer who can perform! There is only UPSIDE HERE! New Electrical on both buildings! Completed balcony inspections, upgrades throughout the large all 2 bed units! Do your own diligence! Under new management and priced to sell! Maintenance includes roof repairs 3430 and any necessary repairs to 3440. 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 12 units 2 bedrooms and 1.5 bath- Unit 5 and 12 are 2 bedrooms, 1 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-maintaine
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Vinyl, Carpet
Fireplace No
Laundry Laundry Room, Other
Exterior
View None
Building
Lot Description Other
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