3430 Elm, Long Beach CA 90807 | $8,750,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Multi Family
  • Stories: 2
  • Year Built: 1964
  • MLS#: OC24133197
  • Community: 6 - Bixby, Bixby Knolls, Los Cerritos

Listing provided courtesy of Maty Guiza of Realty One Group West. Last updated 2024-11-28 09:47:22.000000. Listing information © 2024 SANDICOR.

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.

More Details

2 Stories
Parking Spots: 24.00
Asset Class: Multi-Family
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Security Feature: Gated Community
Security Feature: Resident Manager
Security Feature: Smoke Detector(s)
Roof: Gated Community
Roof: Resident Manager
Roof: Smoke Detector(s)
Construction Materials: Concrete
Construction Materials: Drywall Walls
Construction Materials: Stucco
Heating: Wall Furnace

David Piper

Call or Text: 858-525-5007

DRE# 02021985