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Listed by: Steffan Braunlich (310) 209-3209 DRE #01859098 | Berkadia (310) 209-3200
$2,975,000
Monthly Est:$14,808
14 Beds
14 Baths
9,690sqft
1430 Elm Ave, Long Beach, CA 90813
$2,975,000
$14,808/moEst:
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Multi Family
Built in 1930
$-- HOA
13,285 sqft lot
$307/sq.ft
Description
$200,000 Price Reduction | Actual 6.98% Cap Rate | This 14-unit apartment building is located in an established residential neighborhood in Long Beach. Built in 1930, the property showcases classic Spanish style architecture, with a consistent unit mix of 14 one-bedroom, one-bathroom apartments averaging 692 square feet each. The property features a sun deck, patio areas and anapproximate 3,500 square feet landscaped backyard with artificial turf and mature trees. This space offers excellent development optionality, allowing buyers to streamline expansion via Long Beach's Pre Approved ADU Plans Program (AB 1332) or leverage recent state legislation (SB 1211) for additional density upside, subject to city approval. Combined with gated semi-subterranean parking and recent infrastructure updates including new windows and updated water heaters the property delivers stable in-place performance alongside a clear pathway to future value-add development.
- Houzeo last checked: 13 minutes ago
- Listing updated: October 8, 2026 at 4:47 pm
- Source: California Regional MLS-CA | MLS#: 26864283
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
9,690 sqft
Lot Size
13,285 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26864283
MLS Status
Active
Days on Market
102
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 14
Bathrooms: 14
Interior
Heating
Wall Furnace
Utilities & Energy
Parking Features
Underground
Price History
| Date | Event | Price |
|---|---|---|
08/25/2026 Source: | Price Decreased | $3,075,000 -3.15% $317/sqft |
07/21/2026 Source: | Listed for Sale | $3,175,000 +6.72% $328/sqft |
07/21/2026 Source: | Price Increased | $2,975,000 +48.75% $307/sqft |
03/20/2017 Source: | Sold | $2,000,000 $206/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 08:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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