United StatesCaliforniaLong BeachCalifornia Heights3430 Elm Avenue

3430 Elm Avenue 3430 Elm Avenue Long Beach, California 90807 United States

$8,750,000
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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...

Realty One Group West

Listing Courtesy of Realty One Group West, Email/Phone : 949-302-6990
$8,750,000
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2,630 m²
Exterior
Commercial
Property type
1964
Year Built
OC24133197
Web Id
OC24133197
MLS ID
Long Beach Unified
School District
300
days ago

About 3430 Elm Avenue

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 AVENUE14 units all 2 bedrooms and 1.5 bathBuilding 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.

Listing Courtesy of Realty One Group West, Email/Phone : 949-302-6990

Amenities

  • heating/cooling

features

cooling
Propane Heating

PROPERTY INFORMATION

Community Info
Gated
Cooling
WallWindowUnits
Heating
WallFurnace
Water
Public

EXTERIOR

Construction
Drywall, Concrete, Stucco
Lot Description
TwoToFiveUnitsAcre, NearPublicTransit
Roofing
Composition

ADDITIONAL INFORMATION

Number of Units
28
Listing Courtesy of Realty One Group West, Email/Phone : 949-302-6990

Realty One Group West

Listing Courtesy of Realty One Group West, Email/Phone : 949-302-6990
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