PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.
Sold for $2,549,000
$2,549,000
1470 Elm Ave, Long Beach, CA 90813
19beds
10baths
6,678sqft
Multi Family
Built in 1959
-- sqft lot
$2,534,200 Zestimate®
$382/sqft
$2,616 Estimated rent
Home value
$2,534,200
$2.28M - $2.81M
$2,616/mo
Zestimate® history
Owner options
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$2,616/mo
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$16,253/mo
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List your homeWhat's special
Parking in the rearNew kitchens
Zillow last checked:
Listing updated:
Listed by:
Jonathan Swire DRE # 01336277 310-948-2631,
The Agency 424-230-3700
Bought with:
Jonathan Swire, DRE # 01336277
The Agency
Source: CLAW,MLS#: 25-484395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 10
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 6,678
- Total interior livable area: 6,678 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,596 sqft
- Dimensions: 40 x 190
Details
- Additional structures: None
- Zoning: LBR3S
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1959
Community & neighborhood
Location
- Region: Long Beach
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $2,549,000$382/sqft |
Source:  CLAW #25-484395 Report a problem | ||
| 1/16/2025 | Listed for sale | $2,549,000+7.3%$382/sqft |
Source: CLAW #25-484395 Report a problem | ||
| 1/14/2020 | Sold | $2,375,000-3.1%$356/sqft |
Source:  CRMLS #PW19205915 Report a problem | ||
| 10/21/2019 | Pending sale | $2,450,000$367/sqft |
Source: Keller Williams Pacific Estate #PW19205915 Report a problem | ||
| 8/29/2019 | Listed for sale | $2,450,000+113%$367/sqft |
Source: Keller Williams Pacific Estate #PW19205915 Report a problem | ||
| 2/6/2019 | Listing removed | $1,500 |
Source: Spurr & Associates, Inc Report a problem | ||
| 1/25/2019 | Price change | $1,500-6% |
Source: Spurr & Associates, Inc Report a problem | ||
| 1/10/2019 | Listed for rent | $1,595+6.7% |
Source: Spurr & Associates, Inc Report a problem | ||
| 1/16/2018 | Listing removed | $1,495 |
Source: Spurr & Associates, Inc. Report a problem | ||
| 1/15/2018 | Price change | $1,495+25.1% |
Source: Spurr & Associates, Inc. Report a problem | ||
| 1/12/2018 | Listed for rent | $1,195 |
Source: Spurr & Associates, Inc. Report a problem | ||
| 2/7/2013 | Listing removed | $1,150,000$172/sqft |
Source: Main Street Realtors #P838787 Report a problem | ||
| 11/5/2012 | Price change | $1,150,000-8%$172/sqft |
Source: Main Street Realtors #P838787 Report a problem | ||
| 10/22/2012 | Listed for sale | $1,250,000$187/sqft |
Source: Main Street Realtors #P838787 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Poly High District
Nearby schools
GreatSchools rating
- 5/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$2,534,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,534,200
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