Seller's Agent in 2026
Maty Guiza-Leimert
Realty One Group West
(949) 302-6990
1 in this area
38 Total Sales
3430 Elm Ave Long Beach, CA 90807
California Heights Neighborhood
20
Beds
--
Bath
56,690
Sq Ft
28,114
Sq Ft Lot
Highlights
- Gated Community
- 0.65 Acre Lot
- Property is near public transit
- Hughes Middle School Rated A-
- Midcentury Modern Architecture
- Community Pool
About This Home
As of February 2026Back on the Market: This is a great opportunity for a buyer who can perform! There is only UPSIDE HERE! New Electrical on both buildings! Completed balcony inspections, upgrades throughout the large all 2 bed units! Do your own diligence! Under new management and priced to sell! Maintenance includes roof repairs 3430 and any necessary repairs to 3440. 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
12 units 2 bedrooms and 1.5 bath- Unit 5 and 12 are 2 bedrooms, 1 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.
Last Agent to Sell the Property
Realty One Group West Brokerage Phone: 949-302-6990 License #01936056 Listed on: 09/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,992
Year Built
- Built in 1964
Lot Details
- 28,114 Sq Ft Lot
- Two or More Common Walls
- Security Fence
- Block Wall Fence
- Fence is in fair condition
- Density is 2-5 Units/Acre
- 7145011013
Parking
- 7 Car Garage
- 6 Open Parking Spaces
- 12 Attached Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Midcentury Modern Architecture
- Property Attached
- Entry on the 1st floor
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- Composition Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 56,690 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
- Gas Range
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 20 Bedrooms
- Unit 6 Bathroom: 0
- Unit 7 Bathroom: 0
- Unit 8 Bathroom: 0
- Unit 9 Bathroom: 0
- Unit 10 Bathroom: 0
- Unit 1 Bathroom: 0
- Unit 2 Bathroom: 0
- Unit 3 Bathroom: 0
- Unit 4 Bathroom: 0
- Unit 5 Bathroom: 0
Laundry
- Laundry Room
- Leased Washer and Dryer
Utilities
- Wall Furnace
- Natural Gas Connected
- Phone Available
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, parking fee, telephone
- Legal Lot and Block 13 / 10
- Tax Tract Number 2964
- Assessor Parcel Number 7145011012
- $3,941 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 27 Units
- Bixby Knolls Subdivision
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 21 Leased Units
- Rent Control
- 28 Separate Electric Meters
- 14 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $5,709
- Gardener Expense $3,300
- Insurance Expense $20,800
- Maintenance Expense $2,500
- Pool Expense $7,868
- Professional Management Expense $29,416
- Supplies Expense $1,662
- Trash Expense $18,443
- Water Sewer Expense $17,117
- New Taxes Expense $69,520
- Operating Expense $248,074
- Gross Income $6,300
- Net Operating Income $289,416
Security
- Resident Manager or Management On Site
- Gated Community
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2026 02/04/26 | Sold | $6,925,000 | -6.9% | $122 / Sq Ft |
| 12/10/2025 12/10/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | For Sale | $7,440,000 | -- | $131 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $66,352 | $5,202,000 | $1,924,740 | $3,277,260 |
| 2024 | $66,352 | $5,100,000 | $1,887,000 | $3,213,000 |
| 2023 | $23,344 | $1,632,914 | $425,973 | $1,206,941 |
| 2022 | $21,971 | $1,600,897 | $417,621 | $1,183,276 |
| 2021 | $21,449 | $1,569,508 | $409,433 | $1,160,075 |
| 2019 | $21,143 | $1,524,032 | $397,290 | $1,126,742 |
| 2018 | $20,433 | $1,494,171 | $389,500 | $1,104,671 |
| 2016 | $18,744 | $1,435,119 | $374,376 | $1,060,743 |
| 2015 | $18,028 | $1,413,563 | $368,753 | $1,044,810 |
| 2014 | $17,964 | $1,385,874 | $361,530 | $1,024,344 |
Source: Public Records
Agents Affiliated with this Home
-
Maty Guiza-Leimert
-
Bret Lewis
B
Buyer's Agent in 2026
Bret Lewis
Bret Lewis, Broker
(480) 225-6616
1 in this area
61 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25219794
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