319 Elm, Long Beach, CA 90802

Long Beach
Local realty services provided by:ERA Excel Realty
319 Elm,Long Beach, CA 90802
$4,800,000
  • - Beds
  • - Baths
  • 11,838 sq. ft.
  • Multi-family
  • Active
Listed by: robert stepp
Office: keller williams realty downey562-334-1500
MLS#:PW26169956
Source:CRMLS

Price summary

  • Price:$4,800,000
  • Price per sq. ft.:$405.47

About this home

319 Elm Street is a 24-unit multifamily asset located in Long Beach’s East Village Arts District, a dense and walkable Downtown submarket known for its consistent renter demand and proximity to employment, transit, and lifestyle amenities. The property is comprised of eighteen (18) studio units and six (6) one-bedroom/one-bath units, offering an efficient small-unit mix aligned with the area’s tenant profile. Furthermore, ten (10) on-site parking spaces represent a rare, meaningful amenity in a submarket where parking remains constrained. The seller has invested over $900,000 in capital improvements, including comprehensive electrical upgrades throughout the building, unit renovations, keyless entry on all units, common area enhancements, and exterior improvements. The completion of these upgrades, combined with separately metered utilities, supports a more efficient and predictable operating profile with limited near-term capital requirements. 319 Elm Avenue is priced at a 6.42% cap...

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Home facts

  • Year built:1912
  • Subdivision & Development:East Village
  • Listing ID #:PW26169956
  • Added:52 day(s) ago
  • Updated:September 28, 2026 at 12:21 PM

Rooms and interior

  • Living area:11,838 sq. ft.

Structure and exterior

  • Year built:1912
  • Building area:11,838 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,800,000
  • Price per sq. ft.:$405.47

Parking

  • Total parking spaces:10
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