3430 Elm Avenue
Long Beach, CA 90807
0.65 acres | #OC24133197
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 separate parcels sold as one portfolio, providing flexibility and potential for future development or management strategies.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
- Lot DescriptionTwoToFiveUnitsAcre, NearPublicTransit
- Property TypeMulti-Family
- CountyLos Angeles
- Property SubtypeMultiFamily
- Original List Price$8,750,000
- MLS #OC24133197
- MLS #OC24133197
- Taxes Annual$22,992
- Cost8750000
- Acres0.6454
- Utility SourcePublic
- Year Built1964
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Maty Guiza (#OCGUIZMAT)
Listing Office: Realty One Group West (#OC03318)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
