Check Availability
$360,000 - $440,000
Land - In Contract

3429 Elm Avenue

Long Beach, CA 90807
bedrooms
Studio
bathrooms
0 Bath
Sold May 08, 2020
$577,500
$2,000,000 by United States Small Business A
Mortgage Due Jan 04, 2052

About This Property

Great Opportunity. Huge lot with over 13,000 sq ft. Build up to 8 residential units with commercial potential. Seller is MOTIVATED! Make an offer! Send all offers to [email protected].

Buyer & buyers agent to do their due diligence to determine all zoning restrictions & allowances.
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Brian Gorman
Brian Gorman
RE/MAX College Park Realty

Price History

Date / Event Date Event Price
Dec 13, 2023 In contract -
In contract
Jun 17, 2023 Relisted $400,000
Relisted
Jun 10, 2023 In contract -
In contract
May 19, 2023 Price Decreased $400,000
↓ $300K (42.9%)
Price Decreased
Apr 14, 2023 Price Decreased $700,000
↓ $139K (16.6%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,234
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: 2964
  • Land Acres: 0.304
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: TRACT # 2964 LOT/SEC 14 BLK/DIV/TWN 10

Ownership

  • Current Owner : RAINBOW ENERGY CORPORATION
  • Previous Owner : REMORA OPERATIONG CA LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577900

Zoning

  • Zoning: LBCCN

Geography

  • Assessors Map Reference: 70-C5
  • Subdivision Tract Number: 2964
  • Parcel: 7145-011-014
  • Block: 10
  • Lot: 14
  • Municipality: HALL OF ADMIN/BIXBY KNOLLS
  • Latitude: 33.8193
  • Longitude: -118.188

    Address

  • Full Address: 3429 Elm Ave
  • Address - House Number: 3429
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C021
  • 4-Digit Zip Code: 4430
  • Zip Code: 90807

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,227
  • Tax Rate Code Area: 05-500

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $10,173,000
  • First Open Lien Mortgage Lender: UNITED STATES SMALL BUSINESS A
  • First Open Lien Mortgage Recording Date: Jan 04, 2022
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • First Open Lien Mortgage Loan Due Date: Jan 04, 2052
  • Second Open Lien Mortgage Lender: COMMUNITY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: May 06, 2021
  • Second Open Lien Mortgage Loan Amount: $8,173,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: May 06, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,798
  • Assessed Land Value: $334,798

    Sales

  • Current Sale Contract Date: Feb 26, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Transaction ID: 11761353641
  • Current Sale Price: $577,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0507332

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$425,000 Oct 10, 2023
-
-
Condo
2 Beds
2 Baths
938 ft²
$501/ft²
$469,999 Sep 28, 2023
-
$444/mo

About California Heights


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Frequently Asked Questions

When was property at 3429 Elm Avenue built and last sold?
The property at 3429 Elm Avenue was built in and last sold on Feb 26, 2020 for $577,500.
How much is this home worth?
The estimated value of the home located at 3429 Elm Avenue is $847,277.
What are some comparable homes to 3429 Elm Avenue?
Homes that are comparable to 3429 Elm Avenue include a condo property at 3565 Linden Avenue, located in Long Beach, CA.

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