1470 Elm Avenue | Los Angeles | State of California | Prices, Plans, Availability

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1470 Elm Avenue

USD 2,549,000

Property ID: 25484395

1470 Elm Avenue ,90813

7596 SqFt

Built in 1959

USD 336/SqFt

19 Beds

10 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

6678

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1959

Detailed Introduction Of This Home

PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.

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