4186 Elm Avenue, a unique opportunity for a purchaser to own an uncommon asset located in the Bixby Knolls neighborhood of Long Beach.As upgrades have resulted in a large increase in income, a new investor can follow this strategy to continue adding value, raise revenue and improve operating efficiency.Property Description:» 14 Units » Built-in 1929» Thirteen Studio Units, One 2 Bedroom + 2 Bathroom Unit» 5,041 Gross Square Feet» 5.64% Current Cap Rate, 12.84 Current GRM» 10,623 Square Foot Lot » 6 Garages» Mastered Metered for Electricity & Gas» Every Unit Fully Renovated» On-site Laundry
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