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138 Elm Ave
Long Beach, CA 90802
Elm Avenue Apartments · Multifamily Property For Sale
·
24 Units
Property Facts
| No. Units | 24 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 14,927 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1914/2016 |
| Building Class | C | Parking Ratio | 0.21/1,000 SF |
| Zoning | PD30, Long Beach | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 14,927 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1914/2016 |
| Parking Ratio | 0.21/1,000 SF |
| Zoning | PD30, Long Beach |
Amenities
Unit Amenities
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Controlled Access
- Laundry Facilities
About 138 ELM AVE , LONG BEACH, CA 90802
138 Elm is a turn-key asset in the burgeoning East Village Arts District of Downtown Long Beach. The building is comprised of sixteen studios, six 1 BD / 1 BA, and two 2 BD / 1 BA units. The building presents the opportunity to have a turn-key asset with the rental growth upside of a value-add asset (15%+) in a booming area that is experiencing over $1B of commercial development. All units have been completely renovated with open floor plans, ceiling fans, hardwood floors, and updated kitchen facade. The building has an 87 bike score and a 96 walk score, making it an ideal location for any tenant.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | $1,273 | 400 - 425 |
| 1+1 | 6 | $1,498 | 600 |
| 2+1 | 2 | $1,700 | 800 |
Property Taxes
| Parcel Number | 7281-019-014 | Improvements Assessment | $1,835,026 |
| Land Assessment | $4,272,436 | Total Assessment | $6,107,462 |
Property Taxes
Parcel Number
7281-019-014
Land Assessment
$4,272,436
Improvements Assessment
$1,835,026
Total Assessment
$6,107,462
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