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Occupied 5-Bed Duplex Opportunity
For Sale
$849,000

1403 Elm AVE, Long Beach, CA 90813

Occupied duplex with 5 bedrooms and 3 baths, offered individually or as part of a multi-parcel assemblage.

Property SizeContact for details
Days on Market110

Property Features for 1403 Elm AVE

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 1911
Listing Agency: Brick & Co Real Estate
Listed By: Amy Brick · License #01358129
Source: Exitrealty
Added: May 30 Changed: Sep 2 Last Checked: Sep 15 at 4:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brick & Co Real Estate

Investment Insights

Based on property information with market context.

This occupied duplex features a 5-bedroom, 3-bath configuration and is offered for purchase individually or as part of a larger 5-parcel assemblage. The assemblage totals more than 27,000 square feet of combined lot area, representing well over one-half acre of urban infill land.

Buyer can consider the property as a standalone income-producing asset, or as part of a broader redevelopment approach when acquiring multiple adjacent parcels. Additional addresses offered by the same owner include 1425 and 1429 Elm, available for inclusion in the assemblage.

The buyer is responsible for verifying zoning, development possibilities, and all intended uses with the City of Long Beach prior to closing or planning redevelopment.

Key Highlights

  • Occupied duplex with 5 bedrooms and 3 baths
  • Available for purchase individually or as part of a larger 5‑parcel assemblage
  • Assemblage includes more than 27,000 sq ft of combined lot area and well over one‑half acre of urban infill land

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Accounting Firm Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,302
Businesses Nearby

Demographics for 90813, CA

54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied duplex with 5 bedrooms and 3 baths, offered individually or as part of a multi-parcel assemblage.
Where is this duplex located?
The property is located at 1403 Elm AVE Long Beach, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Occupied duplex with 5 bedrooms and 3 baths; Available for purchase individually or as part of a larger 5‑parcel assemblage; Assemblage includes more than 27,000 sq ft of combined lot area and well over one‑half acre of urban infill land
More about this property
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