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2240 Elm AVE Long Beach, CA 90806
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Key Details
Sold Price $465,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID SB15226763
Year Built 1921
Lot Size 6,098 Sqft
Property Description
Clean Triplex in quiet neighborhood. Perfect start investment. Professionally managed and well-maintained. All units are spacious with good layouts.
Two 1 bed, 1 bath units in front, plus a 2 bed, 1 bath house in back. 2 car garage in back for potential additional income. Separately metered for gas and electricity. Onsite washer and dryer. Dense rental market with low vacancy rate and strong income. Long term tenants all on month to month leases, plenty of room to raise rents. Great proximity to Downtown Long Beach and many redevelopment projects.
One block from the metro rail line and only 2 blocks from an elementary school. Expenses are estimated.
Location
State CA
County Los Angeles
Area 9 - Poly High
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Urban
Utilities Available Sewer Available
Building
Lot Description Near Public Transit
Water Public
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with General NONMEMBER • CRMLS
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