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    3430 Elm Ave Long Beach, CA 90807

    New
    Under Contract
    For Sale
    $7,440,000

    Commercial/Residential, Mid Century Modern - Long Beach, CA

    Property size:
    56,690 SF
    Lot size:
    28,114.00 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 3430 Elm Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    LB4RN
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    26
    APN
    7145011012
    Parking
    25
    Parking features
    Assigned, Carport, Garage
    Exterior features
    Fence, Community Features Included: Sidewalks, Street Lights, 2-5 Units/Acre, Near Public Transit
    Fencing
    Fenced
    Appliances
    Range, Range - Gas
    Size
    56,690 SF
    Lot size
    28,114.00 Acres

    Utilities

    Heating system
    Wall Furnace
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1964
    Floors in Building
    2
    Number of units
    27
    Flooring type
    Carpet, Laminate, Tile, Vinyl
    Building materials
    Concrete, Stucco
    Roof type
    Composition
    Architectural style
    Modern

    Realty ONE Group West [email protected]

    Listing agent Maty Guiza (714) 698-5300 License #01936056

    Listing date Dec 11, 2025

    MLS# OC25219794 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Beach Multifamily Investment Opportunity

    This multifamily residential income portfolio in Bixby presents an investment opportunity with 28 units. The property consists of two buildings located at 3430 and 3440 Elm Avenue, each situated on separate parcels and sold as one portfolio. Each building contains 14 units, all featuring 2-bedroom layouts. The units at 3430 Elm Avenue include 1.5 baths, while the units at 3440 Elm Avenue offer 1.75 baths. The property is conveniently located near freeways and downtown Bixby, providing access to amenities and commuter routes. Nearby transportation options include Atlantic and Wardlow, the 405 Highway, Metrolink, and public transportation. The location also offers proximity to hospitals, retail shopping centers, and parks. The buildings are well-maintained and feature recent updates, including a new boiler at 3430 Elm Avenue. A resident manager is on-site. The property, zoned LB4RN, has a lot size of approximately 0.65 acres and a building size of 56,690 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1875344
    Latitude
    33.8195224

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 28-unit multifamily property near freeways and downtown Bixby.
    Where is this apartment building located?
    The property is located at 3430 Elm Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $7,440,000.
    What are key features of this property?
    This property features: - Portfolio of 28 well-maintained 2-bedroom units.; - Excellent location near freeways, downtown Bixby, hospitals, retail, and parks.; - Two buildings on separate parcels, offering flexibility.
    (714) 698-5300
    Request Owner's contact information
    3430 Elm Ave Long Beach, CA 90807
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    Long Beach, CA 90807
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3430 Elm Ave Long Beach, CA 90807
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