Back on the Market: This is a great opportunity for a buyer who

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Commercial For Sale

3440 Elm Avenue

Long Beach, California 90807

Los Angeles County

Community: 

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$8,750,000 0 br, 0.0 bath 56690 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 56690
  • Year Built: 1964
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: OC24133197
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Contact Information:
Beach Commercial For Sale in Long Beach, California
Listing Agent: Maty Guiza, Realty ONE Group West, 949-302-6990, 714-698-5300 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. 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: 5110793
Viewed 47 times.
Updated: Jul 12, 2024

This property is a Commercial located at 3440 Elm Avenue, Long Beach, California 90807, and is currently For Sale at $8,750,000. This Commercial has 0 bedrooms, 0.0 baths, 56690 sq ft.

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