2310 Elm, Long Beach, CA 90806

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$1,100,000

Est. payment - /mo

5 Beds

5,386 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID SB25242845

Bedrooms 5

Lot Size 5,386 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional 3-Unit Investment Opportunity! Rare chance to acquire a well-maintained and income-producing triplex featuring (2) singles and (1) spacious 3-bedroom/1-bath unit. The property offers strong in-place income with clear upside potential through rent increases and value-add opportunities. Interiors feature updated finishes and systems for reduced maintenance costs and improved tenant appeal. Recent capital improvements include a newer rear roof (2021), recently installed staircase, fresh exterior paint, and completed termite workall reducing near-term expenses. The property also includes 5 garages with automatic openers plus 34 additional surface parking spaces, creating potential for additional rental income. Each unit has separate utility meters (3 electric / 2 gas / 1 water), providing the opportunity to implement a RUBS program for water, sewer, and trash recovery. ADU permits have been pursuedbuyer to verify status and scopeoffering further value-add potential. On-site laundry includes private hookups for the front unit and shared hookups for the rear units, with potential to add coin or app-operated machines for additional revenue. Located in a desirable rental area, this asset presents an attractive combination of immediate cash flow, long-term appreciation potential, and multiple avenues for income growth.

Location

State CA

County Los Angeles

Zoning Seller

Direction none

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 7208016022

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Listed by William Mulkey TR Wealth Management Inc.

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

2310 Elm Long Beach, CA 90806

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

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