San Clemente - Ali Ardabili Team
1/13
Listing Courtesy Of: The Agency, 424-230-3700, Jonathan Swire
Local Realty Services Provided By: Keller Williams Coastal Properties I
Overview
What It'll Cost
Neighborhood
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$2,549,000
1470 Elm Ave, Long Beach, CA 90813
19 Beds
10 Baths
6,678 sq ft
.17 ac
$2,549,000

1470 Elm Ave, Long Beach, CA 90813

Estimation provided by Keller Williams Realty Inc.
19 Beds
10 Baths
6,678 sq ft
.17 ac
Active
For Sale

Property Description

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.

Property Details

Compare This Home
Overview
Property Type
Residential Income
Property Size
6,678 sq ft
Year Built
1959
Days on Site
65 Days
HVAC
Heating: Wall
Parking
8 Parking Spaces
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $2,549,000
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Price & Tax History

Date
Event
Price
01/16/2025
Listed
$2,549,000
(+7.33%)
10/23/2019
Sold
$2,375,000
(+28.38%)
08/31/2017
Sold
$1,850,000
(+72.9%)
02/06/2013
Sold
$1,070,000
(-14.4%)
03/05/2008
Sold
$1,250,000
(+1.63%)
09/09/2005
Sold
$1,230,000
(+88.65%)
12/26/2002
Sold
$652,000
(+1,937.5%)
09/11/2000
Sold
$32,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$32,952
(+6.53%)
$2,497,547
Land 630,706 + Additions 1,866,841
2022
$30,930
(+2.07%)
$2,400,605
Land 606,216 + Additions 1,794,389
2021
$30,302
(+23.54%)
$2,400,605
Land 606,216 + Additions 1,794,389
2019
$24,528
(+20,454.5%)
$1,924,740
Land 520,200 + Additions 1,404,540
2017
$119.33
$1,850,000
Land 424,415 + Additions 710,895
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

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