This Multifamily Property is no longer advertised on LoopNet.com.

3430-3440 Elm Ave
Long Beach, CA 90807
Elm Avenue · Multifamily Property For Sale · 28 Units

Investment Highlights

  • Close Proximity to Downtown Long Beach, Bixby Knolls shopping, Metro Link, and Freeways
  • Two Adjacent Buildings with Parking on -site and street.
  • VALUE ADDED-RENT UPSIDE!
  • Long Beach Airport (LGB) within 5 miles of subject properties.
  • 2 bedrooms each with either .5 or .75 additional bath.
  • All units renovated once they become vacant

Property Facts

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.30 AC
Building Size 27,312 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2025
Parking Ratio 0.51/1,000 SF
Zoning R4, Long Beach - Residential

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Range

Site Amenities

  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Conference Rooms

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 14 $1,966 900
2+2 14 $2,327 950

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 7145-011-013
  • 7145-011-012
Land Assessment
$4,005,540
Improvements Assessment
$6,918,660
Total Assessment
$10,924,200
  • Listing ID: 32308652

  • Date on Market: 7/1/2024

  • Last Updated:

  • Address: 3430-3440 Elm Ave, Long Beach, CA 90807

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