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$8,750,000
25 Days Online

3430 Elm Avenue
Long Beach, CA 90807

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Maty Guiza of Realty One Group West 949-302-6990

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310-902-7214
3430 Elm Avenue3430 Elm Avenue3430 Elm Avenue3430 Elm Avenue
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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, Public Transportation available. 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. - **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.

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Listing Snapshot
Price 
$8,750,000
Days Online 
25 Days
Bedrooms 
N/A
Inside Area (SqFt) 
56,690 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.6454 Acres
Year Built 
1964
MLS® Number 
OC24133197
Status 
Active
Property Tax 
$22,992
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
SeeRemarks
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen online
General Features
Construction 
DrywallConcreteStucco
Parking Spaces 
24
Electric 
Standard
Number of Stories 
2
Acreage 
0.6454
Water 
Public
Security 
Gated CommunityResident ManagerSmoke Detectors
Property Sub Type 
Multi Family
Utilities 
Electricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Zoning 
LB4RN
Listing Conditions 
Trust
Interior Features
Cooling 
Wall Window Units
Heating 
Wall Furnace
Laundry Features 
Common Area
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Exterior Features
Roof 
Composition
Fencing 
Security
Lot 
Item25 Units AcreNear Public Transit
Community Features
Community Features 
Gated
MLS Area 
6 - Bixby, Bixby Knolls, Los Cerritos
Security Features 
Gated CommunityResident ManagerSmoke Detectors


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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