REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Maty Guiza • Realty One Group West
$ 7,440,000
Est. payment /mo
New
3430 Elm AVE Long Beach, CA 90807
0.65 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25219794
Year Built 1964
Lot Size 0.645 Acres
Source California Regional MLS
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. - **Main
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Rooms
Kitchen Oven Range - Electric, Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry In Laundry Room, Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces, Carport , Garage
Garage Spaces 25.0
Pool 31, Community Facility
View None
Roof Type Composition
Building
Foundation Raised, Concrete Slab
Water District - Public
Others
Tax ID 7145011012
© 2025 MLSListings Inc. All rights reserved.