Substantial Reduction in Price–625 Elm Avenue is a 21-unit multifamily investment opportunity located in Long Beach, CA. The property offers 20 studios, and 1 one-bedroom unit, with amenities including gates access, security doors, and one double car garage. This investment property is situated in the fantastic Downtown Long Beach location, surrounded by an abundance of retail, dining, and entertainment options, as well as many employers in the high-rise office buildings. Additionally, the property’s close proximity to Interstate 710 provides convenient access to the Port of Long Beach and the Port of Los Angeles, two of the busiest ports in the world and a major employment hub for the region. Furthermore, 625 Elm Avenue is within close proximity of all three levels of education.
Property Details
Price:
$3,200,000
MLS #:
PW25006856
Status:
Active
Baths:
0
Address:
625 Elm Avenue
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Downtown DT
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
Jan 11, 2025
State:
CA
ZIP:
90802
Lot Size:
7,503 sqft / 0.17 acres (approx)
Year Built:
1948
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Fireplace Features
None
Flooring
Carpet, Vinyl
Heating
Wall Furnace
Exterior
Community Features
Sidewalks, Street Lights, Urban
Electric
Electricity – On Property
Fencing
Average Condition
Foundation Details
See Remarks
Garage Spaces
2.00
Lot Features
Near Public Transit
Parking Spots
2.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Map
Community
- Address625 Elm Avenue Long Beach CA
- Area4 – Downtown Area, Alamitos Beach
- SubdivisionDowntown (DT)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
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625 Elm Avenue
Long Beach, CA
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