830 Elm Ave, Long Beach, CA 90813
830 Elm Ave, Long Beach, CA 90813
830 Elm Ave, Long Beach, CA 90813
22
See all 22 photos
$5,150,000
Est. payment /mo
Save
28 Beds
23 Baths
16,624 SqFt
New

830 Elm Ave Long Beach, CA 90813

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Roxana Fierro

Roxana Fierro

+1(702) 576-1282

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,624 sqft

Price per Sqft $309

MLS Listing ID 26105141

Bedrooms 28

Year Built 1964

Lot Size 0.362 Acres

Acres 0.1896

Property Sub-Type Multi-Family

Property Description

We are pleased to present 830842 Elm Avenue, an attractive 23-unit multifamily investment opportunity located in Long Beach, California. Built in 1964, the property consists of two separate buildings totaling approximately 16,624 square feet on a 15,779-square-foot lot. The desirable unit mix consists of five two-bedroom/one-bathroom units and eighteen one-bedroom/one-bathroom units. The property has benefited from several significant capital improvements, including deck improvements completed in 2024 and copper re-piping completed in 2016. Constructed with wood framing, stucco exteriors, and pitched roofs, the buildings feature select renovated units with upgraded kitchens, quartz countertops, modern cabinetry, stainless steel appliances, contemporary fixtures, and wood-style flooring. Additional interior improvements include updated bathrooms and modern finishes. Residents enjoy gated entry, an on-site laundry room, and ample parking consisting of 12 enclosed garages and four surface parking spaces, providing a total of 16 parking spaces. The property is separately metered for gas and electricity, helping minimize owner-paid utility expenses. Offered at $5,150,000, the property presents an attractive investment opportunity with a 6.72% current capitalization rate and a 9.88 current gross rent multiplier. With strong in-place cash flow and additional upside through continued rent growth, 830-842 Elm Avenue offers investors the opportunity to acquire an established multifamily asset with long-term appreciation potential in the Long Beach rental market. Two separate parcels, 842 APN# (7273-018-004)

Location

State CA

County Los Angeles

Area Downtown Area, Alamitos Beach

Zoning LBR4N

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s), Wall/Window

Equipment Range/Oven, Refrigerator, Microwave

Exterior

Parking Features Garage Is Attached, Private Garage, Driveway

Garage Spaces 16.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Roxana Fierro

Roxana Fierro

Agent

+1(702) 576-1282

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Roxana Fierro, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

830 Elm Ave