CA > Long Beach
Long Beach, CA 90813,1470 Elm Ave
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Long Beach, CA 90813,1470 Elm Ave
Long Beach, CA 90813,1470 Elm Ave
Long Beach, CA 90813,1470 Elm Ave
Long Beach, CA 90813,1470 Elm Ave
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Cheri' Benjamin

Cheri' Benjamin

+1(404) 965-4080
$ 2,549,000
Est. payment /mo
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1470 Elm Ave Long Beach, CA 90813

19 Beds

10 Baths

6,678 SqFt

UPDATED:

01/16/2025 09:41 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,678 sqft

Price per Sqft $381

MLS Listing ID 25-484395

Bedrooms 19

Year Built 1959

Lot Size 7,596 Sqft

Acres 0.1744

Property Description

PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.

Location

State CA

County Los Angeles

Area Poly High

Zoning LBR3S

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Assigned

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
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Listed by The Agency
agent

Cheri' Benjamin

+1(404) 965-4080

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1470 Elm Ave