REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 749,000
Est. payment | /mo
5 Beds
3 Baths
3,913 Sqft Lot
$ 749,000
Est. payment | /mo
5 Beds
3 Baths
3,913 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID DW26117307
Bedrooms 5
Lot Size 3,913 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1403 and 1405 Elm Avenue offer an occupied duplex with a combined total of 5 bedrooms and 3 bathrooms, providing immediate income potential in an established Long Beach neighborhood. The property is available for purchase on its own, but what makes this offering particularly interesting is the opportunity to acquire additional properties from the same owner just down the street. 1425 and 1429 Elm Avenue are also for sale and are being offered together as a separate transaction. Those properties are currently leased and occupied by the Long Beach Unified School District. Buyers may purchase 1403/1405 independently or acquire all three offerings, creating a larger assemblage with more than 27,000 square feet of combined lot areawell over half an acre in Long Beach. Putting together multiple properties in the same location can take years, making the availability of these properties at the same time a unique opportunity. Whether purchased as an income-producing duplex or combined with 1425/1429 Elm Avenue for a larger future development plan, 1403/1405 offers flexibility for both investors and developers. Buyer to verify zoning, development possibilities, parcel configurations, square footage, lease information, and all intended uses with the City of Long Beach. See private remarks for additional information regarding the other properties available for purchase.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Elm and 14th
Interior
Heating Floor Furnace
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7269026035
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Amy Brick, DRE#01358129 Brick & Co Real Estate
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "