Commercial > Multi-family / Apartments
Active
06/28/2024
List Price
$8,750,000$154/ft²
3430 Elm Ave
Long Beach, CA 90807
- 28Beds
- 26Baths
- 56,690ft²Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1964Year Built
- 221DOM
- 7Permits
3430 Elm Ave, Long Beach, CA 90807 is a 28 bed, 26 bath, 56,690 ft² multi-family/apartments property built in 1964 on a 0.303 acre lot with 7 construction permits. This multi-family/apartments is currently for sale for $8,750,000, and it was last sold in 2001 for $2,300,000.
MLS Description
The listing agent's description. Original Listing
Back on the Market: This is a great opportunity for a buyer who can perform! There is only UPSIDE HERE!
Discover an exceptional investment opportunity in Bixby with this well-maintained multi-family residential income portfolio. This portfolio presents an attractive opportunity consisting of 28 2-bedroom units, each offering 1.5 or 1.75 baths.
Building 1: 3430 ELM AVENUE
14 units all 2 bedrooms and 1.5 bath
Building 2: 3440 ELM AVENUE:
14 units all 2 bedrooms and 1.75 bath
**Key Features:**
- **Location:** Conveniently situated close to freeways and downtown Bixby, providing easy access to amenities and commuter routes. Atlantic and Wardlow, 405 Highway, Metrolink, and public transportation are available. They are close to hospitals, retail shopping centers, and parks.
- **Unit Configuration:** All units are spacious 2-bedroom layouts, designed to appeal to a wide range of tenants seeking comfort and convenience.
Units can be renovated to generate higher market rent.
- **Maintenance:** Well-maintained buildings with recent updates. New Boiler in 3430, Resident Manager on-site. Newly updated units.
- **Community Amenities:** Nearby parks, shopping, dining, and entertainment options enhance tenant satisfaction and attract potential renters.
- **Parcel Details:** Comprising two separate parcels sold as one portfolio, providing flexibility and potential for future development or management strategies.
Listing Agents
The listing agent for 3430 Elm Ave is Maty Guiza.
MG
Maty Guiza
Realty One Group West
License: 01936056
Phone: (949) 302-6990
Permits
3430 Elm Ave has 7 permit records.
Permit History
7
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$23,344.31From latest Total Assessed Value1.43%Total Assessed Value$1,633,989=Land+
Assessed Value$425,973Additions
Assessed Value$1,208,016
In 2023, taxes billed for 3430 Elm Ave were $23,344.31, which is 1.43% from latest Total Assessed Value of $1,633,989.
Property History
3430 Elm Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 3430 Elm Ave
Hazard Risks
Earthquake420Carb Mono132Lead110Ozone109Air Pollution109Particulates104Nat'l Avg100Tornado84Weather38Hurricane11Hail0Wind0
10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 3430 Elm Ave.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
3430 Elm Ave has a walkability score of 18 out of 20, which means that it is in a most walkable area.
Noise Level
52 dB
Quiet Suburban Residential 0-49
Suburban Residential 50-54
Urban Residential 55-59
Noisy Urban Residential 60-64
Very Noisy Urban Residential 65+
Noise at 3430 Elm Ave is around 52dBs, which is comparable to a Suburban Residential area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
47°F
High
67°F
Summer
Average
Low
61°F
High
80°F
In the winter at 3430 Elm Ave, temperatures range from 46.5°F to 66.58°F with an average of 56.54°F. In the summer, the temperature ranges from 61.17°F to 79.55°F with and average of 70.36°F.
School Information
Public/private schools serving 3430 Elm Ave
Public Schools
Birney Elementary School
Grades: KG-5
0.95 mi
B
Hughes Middle School
Grades: 6-8
0.73 mi
B
Polytechnic High School
Grades: 9-12
2.25 mi
C+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 3430 Elm Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in 3430 Elm Avenue, Long Beach, CA 90807.
Seasonal Housing units 90807
25%of housing is for seasonal rent.
Daytime Population for 90807
+8%of people during work hours.
Boundary map of 3430 Elm Avenue.
Crime Index for 90807
101
101
The crime index in 90807 is 101, which is 1.0 times higher than national average.
Market Trends
Historical market data near 3430 Elm Ave over selected time period.
Nearby Properties on Elm Ave
- 3530 Elm Ave # 2, Long Beach, CA 90807 (3530 Elm Avenue) is a 171 square foot and 0.6 acre property. It was built in 1979 and has an estimate of $233,479 with a price per ft² of $1,365.
- 3530 Elm Ave #Unit 203, Long Beach, CA 90807 (3530 Elm Avenue) is a 703 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1979 and has an estimate of $502,667 with a price per ft² of $715.
- 3530 Elm Ave #Unit 215, Long Beach, CA 90807 (3530 Elm Avenue) is a 811 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1979 and has an estimate of $479,606 with a price per ft² of $648.
- 3530 Elm Ave # 22, Long Beach, CA 90807 (3530 Elm Avenue) is a 183 square foot and 0.6 acre property. It was built in 1979 and has an estimate of $247,517 with a price per ft² of $1,353.
- 3530 Elm Ave # 53, Long Beach, CA 90807 (3530 Elm Avenue) is a 171 square foot and 0.6 acre property. It was built in 1979 and has an estimate of $233,479 with a price per ft² of $1,365.
- 3530 Elm Ave # 54, Long Beach, CA 90807 (3530 Elm Avenue) is a 171 square foot and 0.6 acre property. It was built in 1979 and has an estimate of $233,479 with a price per ft² of $1,365.
- 3595 Elm Ave, Long Beach, CA 90807 (3595 Elm Avenue) is a 21,182 square foot, 35 bedroom, 36 bathroom, 0.58 acre property. It was built in 1961 and has an estimate of $35,841,980 with a price per ft² of $1,692.
- 726 Elm Ave #Unit 102, Long Beach, CA 90813 (Elm Plaza) is a 933 square foot, 2 bedroom, 2 bathroom, 0.32 acre property. It was built in 1987 and has an estimate of $447,511 with a price per ft² of $480.
- 726 Elm Ave #Unit 203, Long Beach, CA 90813 (Elm Plaza) is a 1,000 square foot, 2 bedroom, 2 bathroom, 0.32 acre property. It was built in 1987 and has an estimate of $460,224 with a price per ft² of $460.
- 726 Elm Ave #Unit 406, Long Beach, CA 90813 (Elm Plaza) is a 960 square foot, 2 bedroom, 2 bathroom, 0.32 acre property. It was built in 1987 and has an estimate of $450,141 with a price per ft² of $469.
- 941 Elm Ave #Apt 1, Long Beach, CA 90813 (941 Elm Avenue) is a 1,286 square foot, 3 bedroom, 2.5 bathroom, 0.34 acre property. It was built in 1982 and has an estimate of $571,707 with a price per ft² of $445.
- 941 Elm Ave #Apt 15, Long Beach, CA 90813 (941 Elm Avenue) is a 1,122 square foot, 2 bedroom, 3 bathroom, 0.34 acre property. It was built in 1982 and has an estimate of $536,508 with a price per ft² of $478.
- 2121 Elm Ave, Long Beach, CA 90806 (Renaissance Square) is a 2,426 square foot, 5 bedroom, 3 bathroom, 0.11 acre property. It was built in 1916 and has an estimate of $907,554 with a price per ft² of $374.
- 4110 Elm Ave #Apt 101, Long Beach, CA 90807 (4110 Elm Avenue) is a 823 square foot, 2 bedroom, 2 bathroom, 0.31 acre property. It was built in 1976 and has an estimate of $421,210 with a price per ft² of $512.
- 4126 Elm Ave, Long Beach, CA 90807 (4126 Elm Avenue) is a 9,761 square foot, 14 bedroom, 14 bathroom, 0.25 acre property. It was built in 1977 and has an estimate of $4,173,387 with a price per ft² of $428.
- 5510 Elm Ave, Long Beach, CA 90805 (Dairy) is a 3,579 square foot, 6 bedroom, 6 bathroom, 0.12 acre property. It was built in 1956 and has an estimate of $1,360,000 with a price per ft² of $380.
- 4146 Elm Ave #Unit 1, Long Beach, CA 90807 (Bixby Knolls) is a 1,602 square foot, 3 bedroom, 3 bathroom, 0.49 acre property. It was built in 1977 and has an estimate of $790,173 with a price per ft² of $493.
- 5559 Elm Ave, Long Beach, CA 90805 (Dairy) is a 750 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1923 and has an estimate of $509,122 with a price per ft² of $679.
- 4170 Elm Ave #Unit 212, Long Beach, CA 90807 (4170 Elm Avenue) is a 837 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1974 and has an estimate of $446,088 with a price per ft² of $533.
- 4170 Elm Ave #Unit 218, Long Beach, CA 90807 (4170 Elm Avenue) is a 1,160 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1974 and has an estimate of $718,257 with a price per ft² of $619.
- 4170 Elm Ave #Unit 301, Long Beach, CA 90807 (4170 Elm Avenue) is a 1,160 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1974 and has an estimate of $718,257 with a price per ft² of $619.
- 4170 Elm Ave #Unit 311, Long Beach, CA 90807 (4170 Elm Avenue) is a 1,082 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1974 and has an estimate of $753,341 with a price per ft² of $696.
- 1403 Elm Ave, Long Beach, CA 90813 (Central Long Beach) is a 2,276 square foot, 5 bedroom, 3 bathroom, 0.09 acre property. It was built in 1913 and has an estimate of $885,228 with a price per ft² of $389.
- 2474 Elm Ave, Long Beach, CA 90806 (Renaissance Square) is a 3,932 square foot, 9 bedroom, 7 bathroom, 0.14 acre property.
- 4365 Elm Ave, Long Beach, CA 90807 (Bixby Knolls) is a 4,010 square foot, 10 bedroom, 5 bathroom, 0.23 acre property. It was built in 1952 and has an estimate of $1,972,128 with a price per ft² of $492.
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