1403 Elm, Long Beach, CA 90813
1403 Elm, Long Beach, CA 90813
1403 Elm, Long Beach, CA 90813
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$749,000
Est. payment /mo
3,911 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID DW26117307

HOA Y/N No

Year Built 1911

Lot Size 3,911 Sqft

Property Sub-Type Duplex

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 area—well 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

Area 9 - Poly High

Interior

Heating Floor Furnace

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry None

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description Back Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7269026035

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Amy Brick Brick & Co Real Estate 562-335-5269, DRE #01358129

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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1403 Elm

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