3430 Elm Avenue, Long Beach, CA 90807 - Berkshire Hathaway HomeServices California Properties
3430 Elm Avenue Long Beach, CA 90807
$8,750,000 0 beds, 0 baths
0 sqft

Agent Remarks

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.

Listing Details

Trust & Probate
Property type: Multi Family (Commercial)
Status: Active
MLS# OC24133197
List price is $8,750,000
Beds: 0
Baths: 0
Built in 1964
0.65 acres
Lot size: 0.6454
County: Los Angeles
Zoning: LB4RN
Construction: Drywall,Concrete,Stucco
Lot description: TwoToFiveUnitsAcre,Near Public Transit
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 6 - Bixby, Bixby Knolls, Los Cerritos

Last Updated: 12/10/2024

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This listing belongs to the 6 - Bixby, Bixby Knolls, Los Cerritos MLS area

Lat/Long: 33.819715, -118.187533.
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Listing Agent: Maty Guiza
Lic#: 01234982
Office Name: Mission Viejo

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