$3,050,000
$3,200,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
625 Elm Avenue Long Beach, CA 90802
1 Bed
4 Baths
Key Details
Sold Price $3,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW25006856
Sold Date 06/24/25
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Proceed west on 3rd Street to Elm Avenue then turn right on Elm Avenue to subject property
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7273027012
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Bought with Spencer Pabst Pabst, Kinney & Associates