2310 Elm, Long Beach, CA 90806
Local realty services provided by:CENTURY 21 Masters
2310 Elm,Long Beach, CA 90806
$925,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: william mulkey
Office: tr wealth management inc.
MLS#:SB26120106
Source:MLSListings
Price summary
- Price:$925,000
About this home
PRICE REDUCED SIGNIFICANTLY TO SELL. *6.5 CAP RATE AND MAREKT CAP RATE OF 7.4 CAP RATE! For the owner-user, this is a rare live-and-earn opportunity. Occupy one of the units and let the other two work for you — tenant rents offset a substantial portion of your monthly carrying costs, making homeownership in Long Beach dramatically more attainable while you build equity in a cash-flowing asset. FHA and low-down owner-occupant financing options may apply. This exceptional triplex features a detached (3) bedroom 1 bath home, and a duplex with (2) 1 bedroom 1 bath units located in the rear. This unit mix delivers strong in-place income of $6,865/month with clear upside through market rent increases. Interiors have been updated with fresh finishes and systems and recent capital improvements remodels, roof work, and exterior paint — substantially reducing near-term maintenance obligations for a new owner. For the investor, this property generates immediate cash flow from day one. With a 30% down conventional loan, you step into positive cash flow at current rents with strong long-term appreciation potential and multiple built-in avenues to grow income over time. In addition, ADU permits can bee pursued to convert existing garages into more units (buyer to verify) offering an...
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Home facts
- Year built:1921
- Listing ID #:SB26120106
- Added:147 day(s) ago
- Updated:October 30, 2026 at 05:41 PM
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1921
- Lot area:0.12 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$925,000
Features and amenities
- Laundry features:Laundry Area
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