1430 Elm Ave, Long Beach, CA 90813
1430 Elm Ave, Long Beach, CA 90813
1430 Elm Ave, Long Beach, CA 90813
1430 Elm Ave, Long Beach, CA 90813
1430 Elm Ave, Long Beach, CA 90813
1430 Elm Ave, Long Beach, CA 90813
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$ 3,175,000
Est. payment | /mo

14 Beds

14 Baths

9,690 SqFt


Save
$ 3,175,000
Est. payment | /mo
Save

14 Beds

14 Baths

9,690 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,690 sqft

Price per Sqft $327

MLS Listing ID 26864283

Bedrooms 14

Year Built 1930

Lot Size 0.305 Acres

Acres 0.305

Property Sub-Type Multi-Family

Property Description

This 14-unit apartment building is located in an established residential neighborhood in Long Beach. Built in 1930, the property showcases classic Spanish style architecture, with a consistent unit mix of 14 one-bedroom, one-bathroom apartments averaging 692 square feet each. The property features a sun deck, patio areas and anapproximate 3,500 square feet landscaped backyard with artificial turf and mature trees. This space offers excellent development optionality, allowing buyers to streamline expansion via Long Beach's Pre Approved ADU Plans Program (AB 1332) or leverage recent state legislation (SB 1211) for additional density upside, subject to city approval. Combined with gated semi-subterranean parking and recent infrastructure updates including new windows and updated water heaters the property delivers stable in-place performance alongside a clear pathway to future value-add development.

Location

State CA

County Los Angeles

Area Poly High

Zoning LBR3S

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment None

Exterior

Parking Features Subterranean

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Berkadia

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1430 Elm Ave