Properties

Long Beach, CA 90806 2310 Elm

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Presented By: William Mulkey with TR Wealth Management Inc.; 310-919-7554
  • MLS# SB25242845
  • 10/13/2025
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  • Baths • 1
  • SQFT • 1,581
  • Garage • 5

Home Details

Exceptional 3-Unit Investment Opportunity! Rare chance to acquire a well-maintained and income-producing triplex featuring (2) singles and (1) spacious 3-bedroom/1-bath unit. The property offers strong in-place income with clear upside potential through rent increases and value-add opportunities. Interiors feature updated finishes and systems for reduced maintenance costs and improved tenant appeal. Recent capital improvements include a newer rear roof (2021), recently installed staircase, fresh exterior paint, and completed termite workโ€”all reducing near-term expenses. The property also includes 5 garages with automatic openers plus 3โ€“4 additional surface parking spaces, creating potential for additional rental income. Each unit has separate utility meters (3 electric / 2 gas / 1 water), providing the opportunity to implement a RUBS program for water, sewer, and trash recovery. ADU permits have been pursuedโ€”buyer to verify status and scopeโ€”offering further value-add potential. On-site laundry includes private hookups for the front unit and shared hookups for the rear units, with potential to add coin or app-operated machines for additional revenue. Located in a desirable rental area, this asset presents an attractive combination of immediate cash flow, long-term appreciation potential, and multiple avenues for income growth.
Presented By: William Mulkey with TR Wealth Management Inc.; 310-919-7554

Interior Features for 2310 Elm

Other Interior Features

Common Walls1 Common Wall, No One Above, No One Below
Heating Y/NYes
Laundry FeaturesCommon Area, Inside
Total Stories1

Other Rooms

Entry Level1

General for 2310 Elm

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLong Beach
Community FeaturesSidewalks, Urban
ContingencyOwner 1031 exchanging.
CountyLos Angeles
Directionsnone
Electric Expense327
Entry Locationn/a
Fuel Expense1174
Garage Spaces5
Garage Y/NYes
Gross Income6865
HeatingWall Furnace
Insurance Expense2483
Land Lease Y/NNo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Lot Size Square Feet5386
Lot Size UnitsSquare Feet
MLS Area5 - Wrigley Area
MaintenanceExpense824
Net Operating Income61536
New ConstructionNo
Number Of Units Total3
Operating Expense20844
Pool FeaturesNone
PostalCityLONG BEACH
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameWrigley Area (WR)
Tax Lot8
Trash Expense327
UtilitiesElectricity Connected, Natural Gas Available, Sewer Connected, Water Available
Water Sewer Expense1959
Year Built1921
Year Built SourceOwner
ZoningLBR1N

Exterior for 2310 Elm

Building Area Total1581
Lot Features0-1 Unit/Acre
Lot Size Acres0.1236
Lot Size Area5386
Lot Size SourceOwner
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters2
Number of Separate Water Meters1
Private PoolNo
Total Parking5
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,049,000
MLS#SB25242845
List Date 10/13/2025
Property Type Multi-Family
Phone 888.795.6274
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