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Home For Sale
1470 Elm Ave
Long Beach, California 90813
Los Angeles CountyCommunity:
$2,549,000
19 br, 0.0 bath
6678 sq. ft.
0.174 acres
PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.
Interior:
- Bedrooms: 19
- Baths: 0.0
- Sq Ft: 6678
- Year Built: 1959
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC:
- Garage: Assigned
Exterior:
- Lot Size: 0.174 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof:
- MLS #: 25-484395
Contact Information:
Listing Agent: Jonathan Swire, The Agency, 424-230-3700, 424-230-3700
Listing Site, Listing Status: Active
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5713071
Viewed 6 times.
Updated: Jan 17, 2025
