4155 Elm Avenue

Long Beach,CA 90807

$ 949000

- Bed

0 Bath

1905 SqFt


Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,905 sqft

Price per Sqft $498

Subdivision Bixby Knolls

MLS Listing ID PW-24247368

Year Built 1953

Lot Size 3,108 Sqft

Property Description

Delight in the charm of Long Beach with this four-unit income property located in the Bixby Knolls area. Nested in a tree-lined street with a mix of homes, condos, and other small income properties, this excellent investment opportunity awaits. The property showcases two one-bedroom units and two single units. Residents benefit from designated parking and convenient on-site laundry facilities. A prime location offers easy access to a variety of amenities including Trader Joe's, local businesses, and casual and fine dining options. Enjoy a walkability score of 90 combined with convenient proximity to transportation, fantastic bikeability, and stress-free freeway access. Nearby parks include Scherer Park, Bixby Knolls Park and Somerset Park. Currently the upper one bedroom is vacant, providing a fantastic chance for a buyer to occupy and have their mortgage paid. This is a property that delivers a perfect blend of convenient location, desirable living space and an investment opportunity for a 1031 exchange, first time buyer or move up investor.

Location

State CA

County Los Angeles

Zoning LBR4N

Interior

Interior Features Balcony,Tile Counters

Heating Wall Furnace

Cooling None

Flooring Vinyl,Wood

Fireplaces Type None

Laundry Community

Exterior

Parking Features On Site,Paved,Assigned

Pool None

Community Features Sidewalks,Street Lights

Utilities Available Sewer Connected,Electricity Connected,Natural Gas Connected

View Y/N Yes

Building

Lot Description Rectangular Lot,Sprinkler System

Sewer Public Sewer

View More
Favorite Go Tour