643 Elm Ave - Multi-Family FOR SALE


Long Beach, CA 90802- Downtown Long Beach
$969,000 USD
562-972-4336
643 Elm Ave, Long Beach, CA for Sale
$969,000 USD
Multi-Family - FOR SALE
1/19
null | Request Cap Rate

643 Elm Ave
Long Beach, CA 90802
Downtown Long Beach


HIGHLIGHTS

  • Exceptionally spacious duplex with 8 total bedrooms and 4 bathrooms
  • Two large 4BR / 2BA units — a rare layout for multifamily in this area
  • Updated interiors: newer laminate flooring, tile kitchens, and remodeled baths
  • Detached garage + long driveway for ample off-street parking
  • Separately metered gas and electric for efficiency
  • Both units tenant-occupied, month-to-month, offering future flexibility

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$969,000 USD

PRICE/SF

$421 USD /SF

# OF UNITS

2

PRICE/UNIT

$484,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,351 SF

ZONING

LBPD30

APN/PARCEL ID

7273-027-010

ASK ABOUT THIS PROPERTY

Beatrix WhippleKeller Williams Pacific EstatesMore Info
562-972-4336

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Beatrix WhippleKeller Williams Pacific EstatesMore Info
562-972-4336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.