319 Elm

Long Beach, CA 90802
Property listed by Keller Williams Realty Downey, Robert Stepp 310-463-2916
$4,800,000
319 Elm Street is a 24-unit multifamily asset located in Long Beach’s East Village Arts District, a dense and walkable Downtown submarket known for its consistent renter demand and proximity to employment, transit, and lifestyle amenities. The property is comprised of eighteen (18) studio units and six (6) one-bedroom/one-bath units,… Read MoreRead Less
Listing Snapshot
Days Online
62
Last Updated
Property Type
MixedUse
Lot Size
0.17 Acres
Year Built
1912
MLS Number
PW26169956
Property Location Map
Additional Details
Building
Built in 1912, 1 building, 3 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Electric: $5,025, Fuel: $5,025, Insurance: $20,760, Licenses: $1,200, Maintenance: $14,400, Operating: $154,775, Pest Control: $1,000, Trash: $5,025, Water/Sewer: $5,025, Other Expense: $6,000
Income
Gross Income: $459,959, Gross ScheduledIncome: $474,185, Net Operating Income: $305,185
Laundry
CommonArea
Lot
0.1729 acres, TwentyOneToTwentyFiveUnitsAcre
Parking
10 open parking spaces, 10 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7281009008, Tax Block: 78, Lot: 19
Utilities
Water Source: Public, 24 separate electric meters, 24 separate gas meters
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Laura Grabher
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.