858-683-8071

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2310 Elm, Long Beach, CA 90806

$905,000 Approx. USD 0 beds, 0 baths

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Photo of Scott Waid

Marketed By Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932

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Listing Agent

William Mulkey | Bill@BillMulkey.com
Lic#: 00986020
Broker: Courtesy of TR Wealth Management Inc.
Phone: 310-919-7554

Agent Remarks

Back on the market with a major price reduction — and priced to sell. This exceptional triplex features a detached (3) bedroom 1 bath home, and a duplex with (2) 1 bedroom 1 bath units located in the rear. This unit mix delivers strong in-place income of $6,865/month with clear upside through market rent increases. Interiors have been updated with fresh finishes and systems and recent capital improvements remodels, roof work, and exterior paint — substantially reducing near-term maintenance obligations for a new owner. For the investor, this property generates immediate cash flow from day one. With a 30% down conventional loan, you step into positive cash flow at current rents with strong long-term appreciation potential and multiple built-in avenues to grow income over time. In addition, ADU permits were pursued to convert existing garages into more units (buyer to verify) offering another value-add play. For the owner-user, this is a rare live-and-earn opportunity. Occupy one of the units and let the other two work for you — tenant rents offset a substantial portion of your monthly carrying costs, making homeownership in Long Beach dramatically more attainable while you build equity in a cash-flowing asset. FHA and low-down owner-occupant financing options may apply. Located in a desirable Long Beach rental corridor, 2310 Elm Avenue offers an exceptional combination of immediate income, long-term appreciation, and multiple paths to grow value. Whether you are an investor seeking a turn-key cash-flowing asset or an owner-user ready to reduce your cost of living, this is the opportunity you have been waiting for. Offered at $905,000, 10.66 GRM & 6.4% Cap Rate.

Listing Details

Property type: Triplex (Multi-Family)

Status: Active

MLS# SB26120106

Price: $905,000

Beds: 0

Baths: 0

Built in 1921

0.12 acres

Lot size: 0.1236

Subdivision: Wrigley Area (WR)

County: Los Angeles

Zoning: LBR1N

Lot description: ZeroToOneUnitAcre

Heating description: Wall Furnace

MLS area: 5 - Wrigley Area

Last Updated: 6/5/2026

Days On Market (DOM): 16

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This listing belongs to the 5 - Wrigley Area MLS area

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Lat/Long: 33.799206, -118.187928.
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Previous Listing

Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128