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Listed by Lyon Stahl Investment Real Est, Ryan Gonzalez, Listing Contact: 562-879-3206 
6 Beds
6 Baths

$3,100,000

4126 Elm Ave, Long Beach CA, 90807

Property typeMulti-family

Overview

Active

Listed Sep 24, 2026

Updated 13 days ago

We are pleased󠃍󠂏󠃢󠂁󠂤󠃢󠂁󠂣󠃢󠂁󠂢󠃢󠂁󠂡󠃢󠂁󠂢 to present 4126 Elm Ave, an 8 unit condo-quality trophy investment opportunity in Long Beach's Bixby Knolls. Built in 1977, the two-story building sits just two blocks off of the Atlantic Avenue corridor and just a few miles from the ocean and Downtown Long Beach. The 9,761 SF building sits on a 10,755 SF lot with an unusually large unit mix: three 1+1 units, four 2+2 units and one 3+2.5 owners unit, with the average SF of each unit being roughly 1,220 SF. Each unit has its own fireplace, heating and air conditioning, patio or balcony and garage parking, which is currently provided at no charge, providing immediate additional upside for a new buyer. Current rents average $2,256 against market rents of $3,008 about 33% of upside taking the property from a 4.23% cap rate to 6.91% pro forma. Bixby Knolls is a Walk Score 84 neighborhood anchored by the Atlantic Avenue corridor, SteelCraft Long Beach and the Expo Arts Center, with the 405 a mile south and Long Beach Airport under four miles away.

$20,624/mo

Est. mortgage payment based on a $3,100,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26208894

Interior Features

Bedrooms
6
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.25 Acres

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Data last updated 3:23 AM UTC, 9/25/2026

   

 

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