Active

2310 Elm

Long Beach, CA 90806

$905,000 $3,815/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

1,581

Sqft

5,386

Sqft(Lot)

Description

Back on the market with a major price reduction — and priced to sell. This exceptional triplex features a detached (3) bedroom 1 bath home, and a duplex with (2) 1 bedroom 1 bath units located in the rear. This unit mix delivers strong in-place income of $6,865/month with clear upside through market rent increases. Interiors have been updated with fresh finishes and systems and recent capital improvements remodels, roof work, and exterior paint — substantially reducing near-term maintenance obligations for a new owner. For the investor, this property generates immediate cash flow from day one. With a 30% down conventional loan, you step into positive cash flow at current rents with strong long-term appreciation potential and multiple built-in avenues to grow income over time. In additio n, ADU permits were pursued to convert existing garages into more units (buyer to verify) offering another value-add play. For the owner-user, this is a rare live-and-earn opportunity. Occupy one of the units and let the other two work for you — tenant rents offset a substantial portion of your monthly carrying costs, making homeownership in Long Beach dramatically more attainable while you build equity in a cash-flowing asset. FHA and low-down owner-occupant financing options may apply. Located in a desirable Long Beach rental corridor, 2310 Elm Avenue offers an exceptional combination of immediate income, long-term appreciation, and multiple paths to grow value. Whether you are an investor seeking a turn-key cash-flowing asset or an owner-user ready to reduce your cost of living, this is the opportunity you have been waiting for. Offered at $905,000, 10.66 GRM & 6.4% Cap Rate.

Property Details

Property Type : Residential Income

Price : $905,000

AD Id : 79963223

MLS Id : SB26120106

Beds : 5

Lot Size : 5,386 Sqft

Living Area Size : 1,581

Year Built : 1921

Garage : 5

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Shingle
Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1921 Building Area Total: 1,581 Roof: Shingle
Pool Features

None

Laundry Features

Common Area,Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1236
Lot Size Source: Owner Lot Size Square Feet: 5386

Listing Price Information

Original List Price: 905,000 Listing Contract Date: 2026-06-03
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7208016022

Other Property Info

Source Listing Status: Active Source Neighborhood: 5 - Wrigley Area Directions: none Zoning: LBR1N Source Property Type: Residential Income Area: 5 - Wrigley Area Property SubType: Triplex
Building and Construction

Property Age: 105 Common Walls: 1 Common Wall,No One Above,No One Below Structure Type: Triplex Year Built Source: Owner Entry Level: 1 Entry Location: n/a Property Attached: Yes

Sell a home like this and save $53,801 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1876 Myrtle, Long Beach, CA, 90806	$829,000	1	1	2,400	2,400 SqFt
410 E 21st Street, Long Beach, CA, 90806	$840,000	4	2	1,931	1,931 SqFt
410 E 21st Street, Long Beach, CA, 90806	$840,000	4	4	1,931	1,931 SqFt
223 E Eagle, Long Beach, CA, 90806	$865,000	3	3	1,567	1,567 SqFt
2000 Pacific, Long Beach, CA, 90806	$950,000	5	2	1,377	1,377 SqFt

Similar Multifamily To 2310 Elm

Nearby For Sale

Active

$1,100,000

Multifamily For Sale

6140 Orange Avenue,
Long Beach, CA, 90805

Bed

Bath

Sqft

Sqft(Lot)

6140 Orange Avenue,
Long Beach, CA, 90805

Bed

Bath

Sqft

Sqft(Lot)

620 Pacific Avenue #3,
Long Beach, CA, 90802

Bed

Bath

Sqft

Sqft(Lot)

1717 Temple Avenue,
Long Beach, CA, 90804

Bed

Bath

Sqft

Sqft(Lot)

1717 Temple Avenue,
Long Beach, CA, 90804

Bed

Bath

4,746

Sqft

8,373

Sqft(Lot)

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/11/2026 @ 17:36

MLS: SB26120106 LISTED BY: William Mulkey, TR Wealth Management Inc. 310-316-1014 SOURCE: CRMLS