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$2,549,000
1470 Elm Ave, Long Beach, CA 90813
bedrooms
bedrooms
19
bathrooms
bathrooms
0
square feet
square feet
6,678
acreage
Acreage
0.1744
open houses
Open Houses
-
year built
year built
1959
full baths
Full Baths
0
half baths
Half Baths
0
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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
Subdivision -
County Los Angeles
Elementary School -
Middle School -
High School -
Exact location data not provided
no map
driving directions Driving directions
open houses Open houses
None scheduled.
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MLS number: 25-484395
Listing agent: Jonathan Swire
Listing broker: The Agency (424) 230-3700
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, January 17 2025 at 1:26 p.m. EST
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