1430 Elm Avenue, Long Beach, CA — listing photo 1
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FOR SALE

1430 Elm Avenue

Long Beach, CA 90813
14 Beds
14 Baths
9,690 Sq Ft
Built 1930
$2,975,000
Price ReducedWas $3,175,000 — $2,975,000 (-$200,000)

Property Overview

$200,000 Price Reduction | Actual 6.98% Cap Rate | This 14-unit apartment building is located in an established residential neighborhood in Long Beach. Built in 1930, the property showcases classic Spanish style architecture, with a consistent unit mix of 14 one-bedroom, one-bathroom apartments averaging 692 square feet each. The property features a sun deck, patio areas and anapproximate 3,500 square feet landscaped backyard with artificial turf and mature trees. This space offers excellent development optionality, allowing buyers to streamline expansion via Long Beach's Pre Approved ADU Plans Program (AB 1332) or leverage recent state legislation (SB 1211) for additional density upside, subject to city approval. Combined with gated semi-subterranean parking and recent infrastructure updates including new windows and updated water heaters the property delivers stable in-place performance alongside a clear pathway to future value-add development.

Home Details

Property type
Residential Income
Year built
1930
Living area
9,690 sq ft
Lot size
13,285 sq ft
Days on market
79
MLS status
Active
Zoning
LBR3S

Features & Amenities

Parking

  • Underground

Community, Schools & Utilities

Utilities

Heating
WallFurnace
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Location & Neighborhood

1430 Elm Avenue

Long Beach, CA 90813

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Frequently Asked Questions About 1430 Elm Avenue

Property type: Residential Income

The current asking price is $2,975,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1430 Elm Avenue. Our team will confirm availability and timing.
This 14 bedrooms and 14 bathrooms property offers approximately 9,690 square feet of living space. It was built in 1930. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 79 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Steffan Braunlich
MLS ID: CLW-C102486

Available property

$2,975,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.