
1445 Elm Ave Long Beach, CA 90813
Central NeighborhoodEstimated payment $11,972/month
Highlights
- Ceiling Fan
- Long Beach Polytechnic High School Rated A
- 4-minute walk to Peace Park
About This Home
1445 Elm is a seven-unit investment opportunity located in Long Beach, California. The property consists of four separate structures on a 7,476 square foot lot. Built in 1905, it includes (2) studios, (1) two-bedroom one-bath unit, and (4) one-bedroom one-bath units. The asset is well-managed, with most units at or near market rent. New ownership has the opportunity to capture remaining loss to lease and benefit from a stable, cash-flowing investment. 1445 Elm is conveniently located just a 5-minute walk from the Metro A Line Anaheim Street station and a short drive to the East Village Arts District and the Pacific shoreline. Within a one-mile radius are two of Long Beach's largest employers St. Mary Medical Center and Long Beach City College. Long Beach continues to be a high-growth residential area, with approximately 1,100 units currently in the construction pipeline, representing a 1.8%increase in total housing inventory upon completion. In the past 12 months, the submarket has seen the delivery of approximately 280 net new units.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1905
Lot Details
- 7,476 Sq Ft Lot
- Lot Dimensions are 50x150
Parking
- 2 Parking Spaces
Interior Spaces
- 4,680 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Bathrooms
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 4 Buildings
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 7269-026-021
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/07/2025 07/07/25 | Price Changed | $1,849,000 | -2.7% | $395 / Sq Ft |
06/23/2025 06/23/25 | For Sale | $1,900,000 | +21.4% | $406 / Sq Ft |
09/29/2021 09/29/21 | Sold | $1,565,000 | -3.7% | $334 / Sq Ft |
08/07/2021 08/07/21 | Pending | -- | -- | -- |
08/06/2021 08/06/21 | For Sale | $1,625,000 | +47.7% | $347 / Sq Ft |
03/16/2016 03/16/16 | Sold | $1,100,000 | -4.3% | $235 / Sq Ft |
12/08/2015 12/08/15 | Pending | -- | -- | -- |
11/24/2015 11/24/15 | For Sale | $1,149,000 | -- | $246 / Sq Ft |
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