1470 Elm Ave, Long Beach, CA 90813

$2,549,000

bedrooms

bathrooms

square feet

6,678

Acreage

0.1744

Open Houses

year built

1959

Full Baths

Half Baths

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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

Driving directions

Open houses

None scheduled.

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I have a house to sell

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MLS number: 25-484395

Listing agent: Jonathan Swire

Listing broker: The Agency (424) 230-3700

Last update: Friday, January 17 2025 at 1:26 p.m. EST

Kotohomes National