$3,100,000
 $16,641 est/mo Sourced by Back At You

4126 Elm Ave,Long Beach, CA 90807

Long Beach, CA 90807

Share:

PreviousNext

Description

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 owner's 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.

Details

MLS #PW26208894
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1977
Days On Site33
Listing Provided ByLyon Stahl Investment Real Est | Ryan Gonzalez

Features

SQ Feet9,761
Garage9
Story(s)2
Units8
Building(s)1
Acreage0.25
Golf CourseYes

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Golf, Park, Suburban

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90807
Area6 Bixby | Bixby Knolls | Los Cerritos
Community NameBixby Knolls (BK)
Listing VS Median (in Bixby Knolls (BK))
Price:
$3,100,000
low | high
Med:
$1,024,500
100% of Average
sqft:
9,761
low | high
Med:
1,975
100% of Average
$ / sqft:
$318
low | high
Med:
$523
14.746001577614% of Average
On site:
33
low | high
Med:
57.5
57.391304347826% of Average
Sourced by Back At You

Market Activity 90807

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Desert Lifestyle Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90807
Area6 Bixby | Bixby Knolls | Los Cerritos
Community NameBixby Knolls (BK)
Listing VS Median (in Bixby Knolls (BK))
Price:
$3,100,000
low | high
Med:
$1,024,500
100% of Average
sqft:
9,761
low | high
Med:
1,975
100% of Average
$ / sqft:
$318
low | high
Med:
$523
14.746001577614% of Average
On site:
33
low | high
Med:
57.5
57.391304347826% of Average
Sourced by Back At You
Listing Updated: October 14, 2026 at 4:23:35 PM PDT