4322 Elm Ave Long Beach, CA 90807
Bixby Knolls NeighborhoodEstimated payment $7,533/month
Highlights
- No HOA
- Neighborhood Views
- 4 Car Garage
- Los Cerritos Elementary School Rated A
- Detached Carport Space
- Rectangular Lot
About This Home
This well maintained quadruplex at 4322 Elm Ave is a 4 unit multifamily investment property in the Bixby Knolls neighborhood of Long Beach, California, zip code 90807. Built in 1944, the 3,076 square foot building sits on a 9,458 square foot lot and delivers four two bedroom, one bathroom units, 8 bedrooms and 4 bathrooms total. The property offers 5 parking spaces, with 4 located in a garage off the alley.
Capital improvements are extensive and recent. The building features a new asphalt and fiberglass composition shingle roof installed over solid sheathing, 36 windows replaced in 2022, and four water heaters replaced in 2022. For investors searching for a turnkey Long Beach rental property with major systems already updated, this asset checks the boxes.
Location is a major driver of value here. 4322 Elm Ave sits within walking distance of the Atlantic Avenue corridor, the heart of Bixby Knolls, lined with restaurants, coffee shops, and boutique shopping. Tenants can walk to Trader Joe's, Pet Food Express, MOD Pizza, Jersey Mike's, Verizon, and Crunch Fitness, everyday retail and dining that make life easy without needing to drive. The property is also served by Los Cerritos Elementary and Hughes Middle School, two of the most sought after schools in the Long Beach Unified School District. That combination of walkable grocery, dining, fitness, and strong schools makes this a high value area to live, which translates to steady demand and long term occupancy for the owner.
4322 Elm Ave is offered alongside two additional Bixby Knolls apartment buildings, 4407 Linden Ave and 4411 Linden Ave, all owned by the same owners and clustered within close distance of one another. Buy this clean, updated fourplex on its own or combine all three buildings into a single Long Beach multifamily portfolio. Drive by only, please do not disturb tenants.
Listing Agent
Team Fasnacht Realty Brokerage Phone: 562-243-5948 License #00542691 Listed on: 07/07/2026
Co-Listing Agent, Showing Contact
Team Fasnacht Realty Brokerage Phone: 562-243-5948 License #02024049
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Lot Details
- 9,458 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- 1 Open Parking Space
- Detached Carport Space
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
- Off-Street Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 3,076 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry in unit
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 13130
- Assessor Parcel Number 7134017004
- $945 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
- Bixby Knolls Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $5,806
- Water Sewer Expense $2,520
- Operating Expense $8,326
- Net Operating Income $71,442
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,381 | $113,199 | $78,425 | $34,774 |
| 2024 | $2,266 | $110,981 | $76,888 | $34,093 |
| 2023 | $2,222 | $108,806 | $75,381 | $33,425 |
| 2022 | $2,112 | $106,673 | $73,903 | $32,770 |
| 2021 | $2,044 | $104,582 | $72,454 | $32,128 |
| 2019 | $2,016 | $101,482 | $70,306 | $31,176 |
| 2018 | $1,895 | $99,493 | $68,928 | $30,565 |
| 2016 | $1,739 | $95,631 | $66,252 | $29,379 |
| 2015 | $1,686 | $94,195 | $65,257 | $28,938 |
| 2014 | $1,702 | $92,351 | $63,979 | $28,372 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2026 07/07/26 | For Sale | $1,350,000 | -- | $439 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26129727
APN: 7134-017-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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