Elm Lot 8
Long Beach, CA, 90806
$1,100,000
Beds
0 Baths
0 SqFt
0.12 Acres
Add
MLS #SB25242845 image #0MLS #SB25242845 image #1MLS #SB25242845 image #2MLS #SB25242845 image #3MLS #SB25242845 image #4MLS #SB25242845 image #5MLS #SB25242845 image #6MLS #SB25242845 image #7MLS #SB25242845 image #8MLS #SB25242845 image #9MLS #SB25242845 image #10MLS #SB25242845 image #11MLS #SB25242845 image #12MLS #SB25242845 image #13MLS #SB25242845 image #14
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 potential, and multiple avenues for income growth.

Property Details

Price:
$1,100,000
MLS #:
SB25242845
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Subdivision:
Wrigley Area WR
Neighborhood:
5
Listed Date:
Oct 20, 2025
Total Sq Ft:
1,581
Lot Size:
5,386 sqft / 0.12 acres (approx)
Year Built:
1921
5Wrigley Area Wr

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Schools

Interior

Heating
WL
Laundry Features
AR, IN

Exterior

Community Features
SDW, URB
Parking Spots
5
Roof
SHN

Financial

Maintenance Fee
$824
Net Operating Income
$61,536

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Nov 23, 2025
377
Single Family Listed
45
Avg DOM
483
Avg $ / SqFt
$950,048
Avg List Price

Property Summary

    Located in the Wrigley Area (WR) subdivision, Elm Lot 8 Long Beach CA is a Single Family for sale in Long Beach, CA, 90806. It is listed for $1,100,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1921. The average price per square foot for Single Family listings in Long Beach is $483. The average listing price for Single Family in Long Beach is $950,048.

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