$3,550,000
$3,695,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 06/17/2021
Key Details
Sold Price $3,550,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision California Heights (Ch)
MLS Listing ID SB21028168
Sold Date 06/17/21
HOA Y/N No
Year Built 1962
Lot Size 0.319 Acres
Property Description
3520 Elm Ave is a 12-unit building located in the Bixby Knolls/California Heights neighborhood of Long Beach. The building was built in 1962 and consists of 9,836 SF of living space situated on a 13,892 SF lot. 3520 Elm Ave offers a great unit mix consisting of (10) 2-Bed/1-Bath, (1) 1-Bed/1-Bath, and (1) Studio. The property has been well maintained and features twelve (12) total parking spots, consisting of five (5) single-car garages and seven (7) parking spaces. The property also features a community pool, coin-operated laundry facilities, gated entry, and beautifully landscaped seating areas.
Located in one of the strongest rental markets in California, this is a perfect opportunity for a yield-focused investor looking to purchase an A+ asset.
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Zoning LBR4N
Interior
Fireplace No
Laundry CommonArea
Exterior
Parking Features Garage
Garage Spaces 5.0
Garage Description 5.0
Pool Community
Community Features Sidewalks, Pool
View Y/N Yes
View Neighborhood
Total Parking Spaces 12
Private Pool No
Building
Lot Description Trees
Story 2
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7145011006
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with Kevin King • Marcus & Millichap