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

619 Elm Ave
Long Beach, CA 90802
Multifamily Property For Sale · 16 Units

Investment Highlights

  • Priced at 11.89 x Gross on Current Rents
  • 13 of 16 Units Fully Renovated with Designer Features
  • Over $400K in Capital Improvements Completed Including New Roof, New Sewer Line, New Windows, Upgraded Electrical
  • Attractive Assumable Debt at 3.82% with 4 Years Remaining through Freddie Mac

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 6,379 SF
No. Stories 2
Year Built/Renovated 1921/2018
Zoning LBPD30 - Multi Family Dwelling

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 14 - 382
1+1 2 - 475

Property Taxes

Property Taxes

Parcel Number
7273-027-013
Land Assessment
$2,284,800
Improvements Assessment
$1,234,200
Total Assessment
$3,519,000
  • Listing ID: 29308618

  • Date on Market: 8/18/2023

  • Last Updated:

  • Address: 619 Elm Ave, Long Beach, CA 90802

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