Long Beach, CA 90806,2240 Elm AVE

$465,000

$479,000

2.9%
Est.Price: ?

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Est. payment /mo

6,098 Sqft Lot


SOLD DATE : 02/17/2016

Key Details

Sold Price $465,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID SB15226763

Sold Date 02/17/16

HOA Y/N No

Year Built 1921

Lot Size 6,098 Sqft

Property Description

Clean Triplex in quiet neighborhood. Perfect start investment. Professionally managed and well-maintained. All units are spacious with good layouts.
Two 1 bed, 1 bath units in front, plus a 2 bed, 1 bath house in back. 2 car garage in back for potential additional income. Separately metered for gas and electricity. Onsite washer and dryer. Dense rental market with low vacancy rate and strong income. Long term tenants all on month to month leases, plenty of room to raise rents. Great proximity to Downtown Long Beach and many redevelopment projects.
One block from the metro rail line and only 2 blocks from an elementary school. Expenses are estimated.

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Fireplace No

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Urban

Utilities Available Sewer Available

Total Parking Spaces 2

Private Pool No

Building

Lot Description Near Public Transit

Water Public

Others

Tax ID 7208021008

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Anthony Walker • Buckingham Investments, Inc.
Bought with General NONMEMBER • CRMLS

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Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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