Remodeled Quadplex with Owner
For Sale
$1,497,777
2130 Elm, Long Beach, CA 90806
Recently remodeled quadplex with a 3-bedroom front home and three back rental units in Long Beach.
Property Size3,308 SF
Days on Market110
Property Features for 2130 Elm
General Information
Standard status
Active
Size
3,308 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Neighborhood
Central
Additional Details
Multifamily Units
4
Amenities
Sidewalks
Garage, Garage Faces Rear
Building Details
Building Size
3,308 SF
Year Built
1907
Buildings
3
Stories
2
Listing Agency:
Century 21 Allstars
Listed By:
Gustavo Islas · License #00956639
(562) 756-5391
Source:
Evrealestate
Added: Jul 10
Changed: Oct 25
Last Checked: Oct 26 at 3:41PM
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 Century 21 Allstars
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Investment Insights
Based on property information with market context.
This remodeled quadplex at 2130 Elm, Long Beach, CA 90806 features four total units, with the front home offering 3 bedrooms and 2 full bathrooms. Behind the main residence are three additional rental units, creating on-site income alongside owner-occupancy potential.
The entire property has been recently remodeled with updated finishes. WalkScore is listed at 87 (very walkable), BikeScore at 76 (very bikeable), and transitScore at 70 (excellent transit).
Designed for a straightforward live-and-rent configuration, the property’s layout places the owner-ready front home in front with three rental units positioned behind, all within the same remodeled asset.
The entire property has been recently remodeled with updated finishes. WalkScore is listed at 87 (very walkable), BikeScore at 76 (very bikeable), and transitScore at 70 (excellent transit).
Designed for a straightforward live-and-rent configuration, the property’s layout places the owner-ready front home in front with three rental units positioned behind, all within the same remodeled asset.
Key Highlights
- Recently remodeled quadplex in Long Beach with a 3‑bedroom, 2‑bath front home
- Three additional rental units behind the main home for added rental income potential
- Year built: 1907
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,270
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,400
$1.2M
Cap Rate 7%
$846,714
$846.7K
Cap Rate 9%
$658,556
$658.6K
Market Conditions
NOI Build-Up for 3,308 SF
Gross rent
$89.3K $27.00/SF
− Vacancy
−$4.6K −$1.40/SF
EGI
$84.7K $25.60/SF
− OpEx
−$25.4K −$7.68/SF
NOI
$59.3K $17.92/SF
Area
ZIP 90806
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,400
Cap Rate 7%
$846,714
Cap Rate 9%
$658,556
Alternative Uses
Best Use
Multifamily LT 5
$846.7K
$740.9K – $987.8K
NOI $59,270 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$760.9K
$665.8K – $887.8K
NOI $53,265 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $123,976 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,698
Businesses Nearby
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Business Placement
Demographics for 90806, CA
41,611
Population
13,106
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
72%
High-School Grad
4.9 sq mi
ZIP Area
8,492
Density / Sq Mi
$73,674
Median Household Income
$36,691
Median Earnings
$1,672
Median Rent
$699,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Recently remodeled quadplex with a 3-bedroom front home and three back rental units in Long Beach.
Where is this quadplex located?
The property is located at 2130 Elm Long Beach, CA.
What is the asking price?
The asking price for this property is $1,497,777.
What are key features of this property?
This property features: Recently remodeled quadplex in Long Beach with a 3‑bedroom, 2‑bath front home; Three additional rental units behind the main home for added rental income potential; Year built: 1907
