Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
N/A
Back on the Market: This is a great opportunity for a buyer who can perform! There is only UPSIDE HERE! Discover an exceptional investment opportunity in Bixby with this well-maintained multi-family residential income portfolio. This portfolio presents an attractive opportunity consisting of 28 2-bedroom units, each offering 1.5 or 1.75 baths. Building 1: 3430 ELM AVENUE 14 units all 2 bedrooms and 1.5 bath Building 2: 3440 ELM AVENUE: 14 units all 2 bedrooms and 1.75 bath **Key Features:** - **Location:** Conveniently situated close to freeways and downtown Bixby, providing easy access to amenities and commuter routes. Atlantic and Wardlow, 405 Highway, Metrolink, and public transportation are available. They are close to hospitals, retail shopping centers, and parks. - **Unit Configuration:** All units are spacious 2-bedroom layouts, designed to appeal to a wide range of tenants seeking comfort and convenience. Units can be renovated to generate higher market rent. - **Maintenance:** Well-maintained buildings with recent updates. New Boiler in 3430, Resident Manager on-site. Newly updated units. - **Community Amenities:** Nearby parks, shopping, dining, and entertainment options enhance tenant satisfaction and attract potential renters. - **Parcel Details:** Comprising two separate parcels sold as one portfolio, providing flexibility and potential for future development or management strategies.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Near Public Transit
-
Lot Size(acres)
0.6454
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
Financial
-
Sales Price
$8,750,000
-
Tax Amount
22992.0
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Maty Guiza , Realty One Group West
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