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Address
3520 Elm Avenue Long Beach, CA
Price
$ 3,695,000
Property Attributes
  • MLS#SB21028168
  • TypePending
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaBixby - Bixby Knolls - Los Cerritos
  • NeighborhoodCalifornia Heights
  • Zip90807
  • StyleApartment
  • Price$ 3,695,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Brett Lyon with Lyon Stahl Investment Real Estate, Inc..
Data Source:
CRMLS
Property Description

3520 Elm Ave is a 12-unit building located in the Bixby Knolls/California Heights neighborhood of Long Beach. The building was built in 1962 and consists of 9,836 SF of living space situated on a 13,892 SF lot. 3520 Elm Ave offers a great unit mix consisting of (10) 2-Bed/1-Bath, (1) 1-Bed/1-Bath, and (1) Studio. The property has been well maintained and features twelve (12) total parking spots, consisting of five (5) single-car garages and seven (7) parking spaces. The property also features a community pool, coin-operated laundry facilities, gated entry, and beautifully landscaped seating areas. Located in one of the strongest rental markets in California, this is a perfect opportunity for a yield-focused investor looking to purchase an A+ asset.

Price History
2/10/2021 Listed $3,695,000

General Features

Community Features Sidewalks, Pool
Garage Spaces 5
Garage Y/N Yes
MLS Area 6 - Bixby, Bixby Knolls, Los Cerritos
Open Parking Spaces 7
Parking Features Garage
Pool Features Community
Property Attached Y/N Yes
Property SubType Apartment
Property Type Residential Income
Sewer Public Sewer
Subdivision Name California Heights (CH)
Terms Cash to New Loan
Total Actual Rent 19940
Total Units 12
View Neighborhood
Zoning LBR4N

Interior Features

Common Walls 1 Common Wall
Laundry Features Common Area

Exterior Features

Lot Features Trees
Lot Size Acres 0.32
Lot Size Area 13892
Lot Size Source Assessor
Lot Size Square Feet 13892
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 12
Number of Separate Gas Meters 12
Number of Separate Water Meters 1
Total Parking 12
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90807

Price
AVG $970K
$3.7M
Visits
AVG 66
60
Year Built
AVG 1948
1962
Walkscore
AVG 74
81
Data Provided by Walkscore ® not using MLS data

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