1567 Elm, Long Beach, CA 90813

Property Description

THREE VACANT UNITS – TURNKEY & READY FOR IMMEDIATE OCCUPANCY Attention investors, large families, owner-users and 1031 Exchange buyers! Start collecting market rents right away! This charming Craftsman 3-unit property combines classic character with modern amenities, with all three units delivered vacant, offering the opportunity to establish market rents, create a multi-generational living arrangement, or live in one and rent the others. Recently refreshed throughout with new kitchens, new windows, new flooring, fresh paint and remodeled bathrooms. The front unit features 2 bedrooms, 1 spacious bathroom, large living room, formal dining room, laundry room, A/C, ductless heat and a beautiful front porch perfect for relaxing. The Junior ADU/Studio offers a kitchen, bathroom, washer/dryer hookups, A/C and heat—ideal for extended family, guests or additional rental income. The rear unit features 2 bedrooms, 1 bathroom, a large living room and a versatile bonus room perfect for a home office, gym, nursery or flex space. Situated on a large gated lot, the property provides generous separation between units for added privacy and comfort. A detached garage with alley access adds convenience and additional possibilities. Located just few short blocks from Long Beach Polytechnic High School, Theodore Roosevelt Elementary and minutes from Downtown Long Beach, Aquarium of the Pacific, The Pike, Queen Mary, Shoreline Village, parks, public transportation, restaurants, coffee shops, breweries, shopping and entertainment. Three vacant turnkey units are all legal, a large gated lot and a prime Long Beach location make this a rare opportunity for investors, owner-users, large families and 1031 Exchange buyers! The lawn has been digitally enhanced to show the potential.