$2,549,000
- Beds
- 19
- sq ft
- 6,678
1470 Elm Ave, Long Beach, CA 90813
1470 Elm Ave
Long Beach, CA 90813
- 38 days on market
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.
Details
Property type
Lot size
7,596 sq ft
Price per sq ft
$382
Year built
1959
HOA
No
Price History
01/16/2025
CLAW #25484395
Listed
$2,549,000
+7.33%
01/14/2020
CRMLS #PW19205915
Sold
$2,375,000
Schools & Community
Neighborhood:
Poly High District
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 02/23/2025 at 2:35 PM
Listing updated: 01/24/2025 at 5:30 AM
Listed by: Jonathan Swire, The Agency Phone #: (424) 230-3700
MLS: CLAW #25484395
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