1470 Elm Avenue, Long Beach, CA 90813
-
Listed Price :
$2,549,000
-
Beds :
19
-
Baths :
10
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Property Size :
6,678 sqft
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Year Built :
1959
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.
Interior Features
| Bedroom Information |
| Bedrooms |
19 |
| Bathroom Information |
| Bathrooms |
10 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
1470 Elm Avenue |
| City |
Long Beach |
| State |
CA |
| Zip |
90813 |
| County |
Los Angeles |
| Listing Agent |
Jonathan Swire DRE #01336277 |
| Courtesy Of |
The Agency |
| List Price |
$2,549,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
6,678 |
| Lot Size |
7,596 |
| Year Built |
1959 |
Listing information courtesy of: Jonathan Swire, The Agency. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 16th, 2025 at 11:52 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
