1470 Elm Avenue
Long Beach, CA 90813
Active for $2,549,000
Beds: 19 Baths: 10 Structure Size: 6,678 sqft Lot Size: 7,596 sqft
| MLS | 25484395 |
| Year Built | 1959 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,549,000 |
| Structure Size | 6,678 sqft |
| Lot Size | 7,596 sqft |
| Beds | 19 |
| Baths | 10 |
Description
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.
Listing information courtesy of: Jonathan Swire, The Agency 310-948-2631. *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Mia Friedman
REALTOR®
Direct: 323.244.1351
Email: Email Me
DRE: 02202227
DRE #01873088
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