3430 Elm Avenue, Long Beach, CA 90807
Local realty services provided by:Better Homes and Gardens Real Estate Champions
3430 Elm Avenue,Long Beach, CA 90807
$7,440,000
- - Beds
- - Baths
- 56,690 sq. ft.
- Multi-family
- Active
Listed by:maty guiza
Office:realty one group west
MLS#:OC25219794
Source:CRMLS
Price summary
- Price:$7,440,000
- Price per sq. ft.:$131.24
About this home
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-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.
Contact an agent
Home facts
- Year built:1964
- Listing ID #:OC25219794
- Added:1 day(s) ago
- Updated:September 27, 2025 at 03:30 AM
Rooms and interior
- Living area:56,690 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1964
- Building area:56,690 sq. ft.
- Lot area:0.65 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$7,440,000
- Price per sq. ft.:$131.24
- Tax amount:$22,992 (2023)
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