2310 Elm, Long Beach, California 90806
- $1,100,000
- $905,000
Overview
- Triplex, Residential Income
- 5.0
- 1581 Sqft
- 1921
Description
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 addition, 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.
Address
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Address: 2310 Elm
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90806
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Area: Wrigley Area (WR)
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Country: US
Details
Updated on July 24, 2026 at 6:18 pm-
Property ID SB26120106
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Price $1,100,000
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Property Size 1581 Sqft
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Land Area 0.1236 Acres
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Garages 5.0
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Year Built 1921
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Property Type Triplex, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
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Roof Shingle
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Utilities Electricity Connected, Natural Gas Available, Sewer Connected, Water Available
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Sewer Public Sewer
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Heating Wall Furnace
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Sidewalks, Urban
Mortgage Calculator
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