643 Elm Ave Long Beach, CA 90802
East Village NeighborhoodEstimated payment $5,819/month
Highlights
- 0.05 Acre Lot
- 3-minute walk to 5Th Street Station
- Neighborhood Views
- Long Beach Polytechnic High School Rated A
- No HOA
- Living Room
About This Home
A rare chance to own an exceptionally spacious duplex in one of Southern California’s most dynamic and evolving markets. This large property features eight total bedrooms and four bathrooms across two expansive units, each offering four bedrooms and two bathrooms, making it a unique find with a layout rarely seen in multifamily properties. Both units showcase updated interiors with newer laminate flooring, tile kitchens, and remodeled bathrooms, blending modern comfort with low-maintenance living. With its sheer size, functionality, and prime location, this duplex provides impressive rental potential along with room for future upside. The property also includes a detached garage and a long driveway that provides abundant off-street parking. Gas and electric are separately metered for efficiency, and both units are tenant-occupied on month-to-month terms, giving maximum flexibility moving forward. Ideally located near dining, shopping, the beach, and freeway access, this property combines a prime Long Beach location with unmatched scale. Whether you are looking to expand your portfolio or take advantage of value-add opportunities, this unique duplex checks all the boxes.
Listing Agent
Keller Williams Pacific Estate Brokerage Phone: 562-972-4336 License #01355505 Listed on: 04/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,962
Year Built
- Built in 1917
Lot Details
- 2,351 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 1 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,304 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Range
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 7 / 43
- Tax Tract Number 1
- Assessor Parcel Number 7273027010
- $232 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,056
- Professional Management Expense $3,360
- Trash Expense $1,200
- Water Sewer Expense $1,200
- Operating Expense $7,416
- Net Operating Income $53,412
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,962 | $717,986 | $358,281 | $359,705 |
| 2024 | $8,962 | $703,908 | $351,256 | $352,652 |
| 2023 | $8,819 | $690,107 | $344,369 | $345,738 |
| 2022 | $8,275 | $676,576 | $337,617 | $338,959 |
| 2021 | $8,113 | $663,311 | $330,998 | $332,313 |
| 2020 | $8,091 | $656,511 | $327,605 | $328,906 |
| 2019 | $7,997 | $643,639 | $321,182 | $322,457 |
| 2018 | $7,587 | $615,000 | $306,900 | $308,100 |
| 2016 | $6,372 | $540,000 | $269,400 | $270,600 |
| 2015 | $6,203 | $540,000 | $269,400 | $270,600 |
| 2014 | $5,522 | $480,000 | $239,500 | $240,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Price Changed | $969,000 | -2.6% | $421 / Sq Ft |
| 04/18/2025 04/18/25 | For Sale | $995,000 | -- | $432 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $80,000 | None Listed On Document | |
| Grant Deed | $155,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $505,000 | Southland Title | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Trustee Deed | $284,000 | -- | |
| Grant Deed | $220,000 | Benefit Land Title Company | |
| Grant Deed | $120,000 | South Coast Title Company | |
| Interfamily Deed Transfer | -- | South Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $404,000 | Purchase Money Mortgage | |
| Previous Owner | $274,100 | Purchase Money Mortgage | |
| Previous Owner | $217,470 | No Value Available | |
| Previous Owner | $120,000 | No Value Available | |
| Closed | $50,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25075928
APN: 7273-027-010
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