1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
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1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
1470 Elm Ave
Sold

1470 Elm Ave

1470 Elm Ave, Long Beach, CA 90813

$2,549,000
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.

19
beds

10
baths

6,678 Sq.Ft. LIVING AREA

7,596 Sq.Ft. lot


Features & Amenities

Interior

  • total bedrooms19
  • Total bathrooms10
  • APPLIANCES None

Area & Lot

  • Status Sold
  • Living Area6,678 Sq.Ft.
  • Lot Area7,596 Sq.Ft.
  • MLS® ID25-484395
  • TypeMulti-Family
  • YEAR BUILT1959

Exterior

  • STORIES2
  • parkingAssigned
  • HEAT TYPEWall
  • AIR CONDITIONINGNone

Financial

  • Sales Price$2,549,000
  • Zoning LBR3S

Work With Gina

Gina prides herself on her tenacity, and yet her negotiating style is based on communication and understanding, so that she is always able to collaborate with buyers, sellers, and fellow agents to achieve her client’s ultimate goals.

Let's Connect

Contact Details

Gina Martino

Phone

424.230.3759

Email

[email protected]

Address

331 N Foothill Road Beverly Hills, CA 90210 CA DRE# 01042370 UMRO Realty Corp. | CA DRE# 01904054 

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