2310 Elm Ave Long Beach, CA 90806
Well-maintained triplex with income potential in a desirable rental area.
Lot size:
0.12 AcresProperty Features for 2310 Elm Ave
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1921
Source:
Elliman
Listing Agent: William Mulkey
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Long Beach Triplex Investment Opportunity
This well-maintained triplex presents an investment opportunity, featuring two single units and one three-bedroom, one-bath unit. The property offers in-place income with potential for rent increases. Interiors feature updated finishes and systems. Recent capital improvements include a newer rear roof installed in 2021, a recently installed staircase, fresh exterior paint, and completed termite work. The property includes five garages with automatic openers and three to four additional surface parking spaces, creating potential for additional rental income. Each unit has separate utility meters (three electric, two gas, and one water), providing the opportunity to implement a RUBS program for water, sewer, and trash recovery. ADU permits have been pursued, with the buyer to verify status and scope. On-site laundry includes private hookups for the front unit and shared hookups for the rear units, with potential to add coin or app-operated machines for additional revenue. Located in a desirable rental area, this asset presents an attractive combination of immediate cash flow and long-term appreciation potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1879276
- Latitude
- 33.7992059
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FAQs
What type of property is this?
Triplex - Well-maintained triplex with income potential in a desirable rental area.
Where is this triplex located?
The property is located at 2310 Elm Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: - Strong in-place income with upside potential through rent increases.; - Three units: (2) singles and (1) spacious 3-bedroom/1-bath unit.; - Five garages with automatic openers plus 3–4 additional surface parking spaces.
