Active

4126 Elm Ave

Long Beach, CA 90807

$3,100,000 $13,069/Mo

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Overview

Bed

Bath

10,757

Sqft(Lot)

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.

Property Details

Property Type : ResidentialIncome

Price : $3,100,000

AD Id : 91480073

MLS Id : PW26208894

Beds : 6

Lot Size : 10,757 Sq. Ft

Year Built : 1977

Garage : 9

County : Los Angeles

Subdivision: Briarwood Sec 02

Map

What's Nearby

Nearby Areas

Features

Building Information

Year Built: 1977

Building Area Total: 9761

Pool Features: None

Private Pool: No

Lot Information

Main Square Feet: 10757 Lot Size Acres: 0.2469 Lot Size Source: Assessor Lot Size Square Feet: 10,757

Property Information

Subdivision: Bixby Knolls (BK) Source Property Type: ResidentialIncome Property SubType: Apartment Property Age: 49

Listing Price Information

Listing Price: $3100000

Cash, CashToNewLoan

Tax Information

Parcel Number: 7139007005 Tax Lot: 26 Tax Block: C

Parking Information

Parking Total: 10

Garage Information

Has Garage: Yes Garage Space: 9

Location Information

Direction: North of Carson Between Atlantic Ave & Long Beach Blvd WaterSource: Public

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ByOwner last updated this listing 10/03/2026 @ 10:59

MLS: PW26208894 LISTED BY: Ryan Gonzalez, Lyon Stahl Investment Real Est 310-425-9838 SOURCE: CRMLS