Address
3850 Elm Avenue Long Beach, CA
Price
$ 1,695,000
Property Attributes
  • MLS#PW21260232
  • TypePending
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaBixby - Bixby Knolls - Los Cerritos
  • NeighborhoodBixby Knolls
  • Zip90807
  • StyleSingle Family Residence
  • Price$ 1,695,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3364
  • Lot Size12,692 SqFt
Listing Provided Courtesy Of:
Hiu Chan with Hiu Chan, Broker - 562-257-1222
Data Source:
California Regional MLS (CRMLS)
Property Description

The subject property is located at the prime Bixby Knoll location in Long Beach. It is surrounded by million-dollar single family homes. The average household income exceeds $110,000 within one mile of the property. It is only minutes from the prestigious Virginia Country club, Steelcraft, Trader Joes and retail and restaurants. The triplex property is consisted of 3 Bedroom 2 Bath house in the front and a 2 Bedroom 1 Bath unit and a 1 Bedroom 1 Bath unit in the back. It is nicely layout with plenty of open spaces on a rare to find extra-large 12,692 sqft lot. Each unit has its own private yards. Due to the size of the land, an astute investor may find great value added opportunities through redevelopment or adding ADUs to the property(please check with the city). There are also tremendous upside in the rent and better management in expenses. The owner pays for the gas and water for the 2 Bedroom unit. The 1 Bedroom 1 Bath unit is an all electricity unit and the electricity is paid by the tenant. The 3 Bedroom 2 Bath room front house tenant also pay for its own utilities including water. There are 3 garage parking space and 1 open parking space. The property was built in 1929 with a few upgrades (electricity & plumbing) and additions throughout the year. Broker/Agent does not guarantee the accuracy of square footage, unit type, lot size, ordinances, zoning, permits, use code, concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information.

Price History
12/6/2021 Listed $1,695,000

General Features

Community Features Urban
Cooling Wall/Window Unit(s)
Garage Spaces 3
Garage Y/N Yes
High School District Long Beach Unified
Interior Features All Bedrooms Down
Levels One
Listing Agent Hiu Chan - BRE#01297322
Listing Agent State License 01297322
Lot Size Square Feet 12692
MLS Area 6 - Bixby, Bixby Knolls, Los Cerritos
Pool Features None
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Pending
Stories 1
Structure Type House
Subdivision Name Bixby Knolls (BK)
Terms Cash to New Loan, 1031 Exchange
Total Units 3
View None
Zoning LBR1N

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features Family Room
Fireplace Y/N Yes
Full Baths 4
Laundry Features In Garage
Living Area 3364
Main Level Bathrooms 4
Main Level Bedrooms 6
Total Baths 4
Total Bedrooms 6

Exterior Features

Lot Features Front Yard, Garden, Rectangular Lot
Lot Size Acres 0.29
Lot Size Area 12692
Lot Size Source Assessor
Lot Size Units Square Feet
Total Parking 3
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom
Living Room
Master Bathroom
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90807

Price
AVG $820K
$1.7M
Visits
AVG 91
104
Year Built
AVG 1956
1929
Walkscore
AVG 66
81
Data Provided by Walkscore ® not using MLS data