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Listed by: Ryan Gonzalez DRE #01874815 | Lyon Stahl Investment Real Est (310) 425-9838
$3,100,000
Monthly Est:$15,430
6 Beds
6 Baths
9,761sqft
4126 Elm Ave, Long Beach, CA 90807
$3,100,000
$15,430/moEst:
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Apartment
Built in 1977
$-- HOA
10,757 sqft lot
$318/sq.ft
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.
- Houzeo last checked: 6 hours ago
- Listing updated: September 24, 2026 at 7:25 pm
- Source: California Regional MLS-CA | MLS#: PW26208894
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1977
HOA Fees
-
Finished Area
9,761 sqft
Lot Size
10,757 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26208894
MLS Status
Active
Days on Market
13
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Laundry Features
Common Area
Pool Features
None
Other Features
Community Features
Curbs, Golf, Park, Suburban
Subdivision Name
Bixby Knolls (bk)
Price History
| Date | Event | Price |
|---|---|---|
09/24/2026 Source: | Listed for Sale | $3,100,000 $318/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 11:00AM 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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