Est. cap rate

3.2%

Assumed rent, all units

$7,920/mo

Units

4

Price per unit

$374,444

Est. annual NOI

$47,520

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

3,308 sqft

Lot size

7,318 sqft

Year built

1907

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

64

MLS #

244726843

About this property

Exceptional Long Beach Investment Opportunity! Don’t miss this beautifully remodeled multi-unit property in the City of Long Beach, offering the perfect combination of comfortable owner-occupancy and income-producing potential. The front home features 3 spacious bedrooms and 2 full bathrooms, providing a modern and inviting living space for the new owner. Behind the main home are three additional rental units, creating an excellent opportunity to generate rental income that can help offset the monthly mortgage payment. Whether you’re looking to live in the front house while building wealth through rental income or expand your real estate portfolio, this versatile property is an outstanding investment. The entire property has been recently remodeled, offering updated finishes and move-in-ready convenience. Properties like this are rare—ideal for homeowners, investors, or anyone seeking a property that combines lifestyle and financial opportunity. With generous lot size and favorable zoning, there's potential to add up to 4 ADUs (buyer to verify), creating an 8-unit income-producing property. Front House and one of the back units to be delivered vacant at close of escrow

Location

2130 Elm

Long Beach, Los Angeles, CA, 90806