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$3,100,000

For Sale

14 days ago

4126 Elm Ave, Long Beach, CA

Condo

MLS® PW26208894

0 Bed

0 Bath

--

10 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 14
Approx. Age 1977
MLS® Number PW26208894

Property Address: 4126 Elm Ave, Long Beach, CA, 90807-2759

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 4126 Elm Ave, an 8 unit condo-quality trophy investment opportunity in Long Beach's Bixby Knolls. Built in 1977, the two-story building sits just two blocks off of the Atlantic Avenue corridor and just a few miles from the ocean and Downtown Long Beach. The 9, 761 SF building sits on a 10, 755 SF lot with an unusually large unit mix: three 1+1 units, four 2+2 units and one 3+2.5 owner’s unit, with the average SF of each unit being roughly 1, 220 SF. Each unit has its own fireplace, heating and air conditioning, patio or balcony and garage parking, which is currently provided at no charge, providing immediate additional upside for a new buyer. Current rents average $2, 256 against market rents of $3, 008 — about 33% of upside — taking the property from a 4.23% cap rate to 6.91% pro forma. Bixby Knolls is a Walk Score 84 neighborhood anchored by the Atlantic Avenue corridor, SteelCraft Long Beach and the Expo Arts Center, with the 405 a mile south and Long Beach Airport under four miles away.
MLS® NumberPW26208894
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1977
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 24, 2026List Date
$3,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
4126 Elm Ave, Long Beach, CA

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