4126 Elm Ave

Long Beach, CA 90807

10,757 sq ft lot
Built 1977

Listed by: Lyon Stahl Investment Real Est · ryan.gonzalez@lyonstahl.com

About this home

We are pleased to present 4126 Elm Ave, an 8 unit condo-quality trophy investment opportunity in Long Beach's Bixby Knolls. Built in 1977, the two-story building sits just two blocks off of the Atlantic Avenue corridor and just a few miles from the ocean and Downtown Long Beach.

The 9,761 SF building sits on a 10,755 SF lot with an unusually large unit mix: three 1+1 units, four 2+2 units and one 3+2.5 owner’s unit, with the average SF of each unit being roughly 1,220 SF. Each unit has its own fireplace, heating and air conditioning, patio or balcony and garage parking, which is currently provided at no charge, providing immediate additional upside for a new buyer.

Current rents average $2,256 against market rents of $3,008 — about 33% of upside — taking the property from a 4.23% cap rate to 6.91% pro forma. Bixby Knolls is a Walk Score 84 neighborhood anchored by the Atlantic Avenue corridor, SteelCraft Long Beach and the Expo Arts Center, with the 405 a mile south and Long Beach Airport under four miles away.

Home details

Interior

Laundry: Common Area

Exterior & lot

Lot size: 10,757 sq ft (0.25 acres)
Lot features: Lot 10000-19999 Sqft
Pool: None
Garage spaces: 9
Common walls: 2+ Common Walls

Property & community

Property type: Apartment
Year built: 1977
Community: Curbs, Golf, Suburban, Park
County: Los Angeles
MLS #: PW26208894
Listed: Sep 24, 2026

Location

Listed by: Lyon Stahl Investment Real Est · ryan.gonzalez@lyonstahl.com

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 19, 2026 3:30 am.