2310 Elm, Long Beach, California 90806, Long Beach, 90806 - bed, bath

2310 Elm
Long Beach, California 90806
Property Price
SUMMARY
Analysis of 2310 Elm, Long Beach, California 90806 is currently available with a list price of $1,049,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This triplex, built in 1921, has undergone significant updates and is presented as move-in ready for tenants. The description highlights 'updated finishes and systems' and recent capital improvements including a newer rear roof (2021), fresh exterior paint, and completed termite work. Images show at least one unit with a recently renovated, modern kitchen (gray cabinets, light countertops, modern faucet, light laminate flooring) and a modern bathroom (gray vanity, modern tile). Other units appear clean and functional with more cosmetic updates (e.g., painted white cabinets, older appliances, older bathroom fixtures) but are still well-maintained. While not all units are uniformly 'new,' the overall property condition, recent major system updates, and tenant-ready interiors justify a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Investment Opportunity & Income Potential
This triplex is explicitly marketed as an 'Exceptional 3-Unit Investment Opportunity' with 'strong in-place income' and 'clear upside potential through rent increases and value-add opportunities,' making it attractive for investors seeking immediate cash flow and future growth.
- Recent Capital Improvements
Significant recent capital improvements, including a newer rear roof (2021), recently installed staircase, fresh exterior paint, and completed termite work, reduce near-term expenses and maintenance for a new owner.
- Abundant Parking & Garages
The property offers substantial parking with 5 garages (with automatic openers) and 3-4 additional surface parking spaces, providing a valuable amenity for tenants and potential for additional rental income.
CONSRISKS & DEFICIENCIES
- Significant Price Increase Since Last Sale
The current list price of $1.049M represents a substantial increase from its $895,000 sale price in June 2023, which may warrant careful valuation analysis and due diligence by prospective buyers.
- Age of Property (1921 Construction)
Despite recent updates, the property's 1921 construction year suggests potential for ongoing maintenance needs or hidden issues typical of older buildings, which could lead to unexpected expenses over time.
- Uncertainty Regarding ADU Completion
While ADU permits have been pursued, the description states 'buyer to verify status and scope,' indicating that the value-add potential from an ADU is not fully realized and requires further investigation, effort, and potential investment from the buyer.
About 2310 Elm
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 work—all reducing near-term expenses. The property also includes 5 garages with automatic openers plus 3–4 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 pursued—buyer to verify status and scope—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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1921
- Lot Size
- 5,386 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Burnett Elementary School
Grades K-5 • 0.2 mi
Roosevelt Elementary School
Grades K-5 • 0.9 mi
Signal Hill Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,581 | 2,277 | 14% |
| Lot Size | 5,386 | 5,186 | 50% |
| Price | $1.05M | $1.00M | 57% |
| Price per sq ft | $664 | $454 | 86% |
| Built year | 1921 | 1931 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 137 | 222 | 21% |
Pricing History
Listed for Sale
Jan 15, 2026
$1,049,000
$1,100,000
-5% Price Drop
Initial Listing
Price Change
Oct 20, 2025
$1,100,000
Initial Listing
Sold
Jun 15, 2023
$895,000
Public Record
Sold
Nov 25, 2009
$205,000
Public Record










