CA > Long Beach
Long Beach, CA 90807,3430 Elm Avenue
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$7,440,000
Est. payment /mo
56,690 SqFt
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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

Acres 0.65

Property Sub-Type Other

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

Zoning LB4R

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Tile, Vinyl, Carpet

Fireplace No

Laundry Laundry Room, Other

Exterior

View Y/N false

View None

Building

Lot Description Other

New Construction No

Others

Tax ID 7145011012

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Bridge MLS
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Listed by Maty Guiza • Realty One Group West
Danielle Broad

+1(925) 383-9200

smiles4dee@gmail.com

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