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$1,049,000
2310 Elm, Long Beach, CA 90806
5Beds
3Baths
140Days Listed
Listed by William Mulkey, TR Wealth Management Inc. | 310-919-7554 | MLS# SB25242845
About This Property
Exceptional 3-Unit Investment Opportunity! Rare chance to acquire a well-maintained and income-producing triplex featuring (2) singles and (1) spacious 3-bedroom/1-bath unit. The property offers strong in-place income with clear upside potential through rent increases and value-add opportunities. Interiors feature updated finishes and systems for reduced maintenance costs and improved tenant appeal. Recent capital improvements include a newer rear roof (2021), recently installed staircase, fresh exterior paint, and completed termite workall reducing near-term expenses. The property also includes 5 garages with automatic openers plus 34 additional surface parking spaces, creating potential for additional rental income. Each unit has separate utility meters (3 electric / 2 gas / 1 water), providing the opportunity to implement a RUBS program for water, sewer, and trash recovery. ADU permits have been pursuedbuyer to verify status and scopeoffering further value-add potential. On-site laundry includes private hookups for the front unit and shared hookups for the rear units, with potential to add coin or app-operated machines for additional revenue. Located in a desirable rental area, this asset presents an attractive combination of immediate cash flow, long-term appreciation potential, and multiple avenues for income growth.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 3
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Original Price
- $1,100,000
- MLS Number
- SB25242845
Location & Neighborhood
What's nearby 2310 Elm, Long Beach, CA 90806
Transit Access
- Long Beach Boulevard & 23rd0.1 mi
Bus Stop
- Long Beach Boulevard & Eagle0.1 mi
Bus Stop
- Long Beach Boulevard & Burnett0.1 mi
Bus Stop
- Atlantic & Burnett0.2 mi
Bus Stop
- Atlantic & Hill0.2 mi
Bus Stop
POI data updated 1/30/2026
Last updated: Jan 20, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,049,000