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Listed by William Mulkey • TR Wealth Management Inc.
$ 1,100,000
Est. payment /mo
Active
2310 Elm Long Beach, CA 90806
1,581 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,581 sqft
Price per Sqft $695
MLS Listing ID CRSB25242845
HOA Y/N No
Year Built 1921
Lot Size 5,386 Sqft
Property Sub-Type Triplex
Source Datashare California Regional
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 work-all reducing near-term expenses. The property also includes 5 garages with automatic openers plus 3–4 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 pursued-buyer to verify status and scope-offering 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 p
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area, Inside
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