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4155 Elm Avenue Long Beach, CA 90807
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Key Details
Sold Price $929,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24247368
Sold Date 03/05/25
Bedrooms 2
HOA Y/N No
Lot Size 3,108 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Delight in the charm of Long Beach with this four-unit income property located in the Bixby Knolls area. Nested in a tree-lined street with a mix of homes, condos, and other small income properties, this excellent investment opportunity awaits. The property showcases two one-bedroom units and two single units. Residents benefit from designated parking and convenient on-site laundry facilities. A prime location offers easy access to a variety of amenities including Trader Joe's, local businesses, and casual and fine dining options. Enjoy a walkability score of 90 combined with convenient proximity to transportation, fantastic bikeability, and stress-free freeway access. Nearby parks include Scherer Park, Bixby Knolls Park and Somerset Park. Currently the upper one bedroom is vacant, providing a fantastic chance for a buyer to occupy and have their mortgage paid. This is a property that delivers a perfect blend of convenient location, desirable living space and an investment opportunity for a 1031 exchange, first time buyer or move up investor.
Delight in the charm of Long Beach with this four-unit income property located in the Bixby Knolls area. Nested in a tree-lined street with a mix of homes, condos, and other small income properties, this excellent investment opportunity awaits. The property showcases two one-bedroom units and two single units. Residents benefit from designated parking and convenient on-site laundry facilities. A prime location offers easy access to a variety of amenities including Trader Joe's, local businesses, and casual and fine dining options. Enjoy a walkability score of 90 combined with convenient proximity to transportation, fantastic bikeability, and stress-free freeway access. Nearby parks include Scherer Park, Bixby Knolls Park and Somerset Park. Currently the upper one bedroom is vacant, providing a fantastic chance for a buyer to occupy and have their mortgage paid. This is a property that delivers a perfect blend of convenient location, desirable living space and an investment opportunity for a 1031 exchange, first time buyer or move up investor.
Location
State CA
County Los Angeles
Area Long Beach (90807)
Zoning Public Rec
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Roof Type Rolled/Hot Mop
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Monthly Total Fees $59
Financing Conventional
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Bought with Juan Huizar • Sage Real Estate Group, Inc.