Discover an exceptional investment opportunity in Bixby with this well-maintained multi-family residential income portfolio. This portfolio presents an attractive opportunity consisting of 28 2-bedroom units, each offering either 1.5 or 1.75 baths.Building 1: 3430 ELM AVENUE14 units all 2 bedrooms and 1.5 bathBuilding 2: 3440 ELM AVENUE:14 units all 2 bedrooms and 1.75 bathCall the Listing Agent for Financial Details.**Key Features:**- **Location:** Conveniently situated close to freeways and downtown Bixby, providing easy access to amenities and commuter routes. Atlantic and Wardlow, 405 Highway, Metrolink, Public Transportation available. Close to hospitals, retail shopping centers, and parks. - **Unit Configuration:** All units are spacious 2-bedroom layouts, designed to appeal to a wide range of tenants seeking comfort and convenience.- **Income Potential:** Stable rental income with established tenants, offering a reliable return on investment. Units can be renovated to generate higher market rent. Minimal renovation requirement!- **Maintenance:** Well-maintained buildings with recent updates. New Boiler in 3430, Resident Manager on-site.- **Community Amenities:** Nearby parks, shopping, dining, and entertainment options enhance tenant satisfaction and attract potential renters.- **Parcel Details:** Comprising two separate parcels sold as one portfolio, providing flexibility and potential for future development or management strategies.This portfolio represents a rare opportunity to acquire a robust income-generating asset in a sought-after location. Whether you want to expand your investment portfolio or start anew in the lucrative rental market, this offering promises immediate returns and long-term value. Don't miss out on this chance to secure your foothold in Bixby's thriving real estate market.
OC24133197
Commercial - Multi-Family, Business Opportunities, 2 Story
1964
Los Angeles
0.6454
Acres
Public
2
Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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