Home | Los Angeles County | Long Beach | 90802 | 643 Elm Ave
MLS: CRPW26180275 | Status: Active | Price: $799,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 2,351 | 1917 |
A rare chance to own an exceptionally spacious duplex in one of Southern California's most dynamic and evolving markets. This large property features eight total bedrooms and four bathrooms across two expansive units, each offering four bedrooms and two bathrooms, a layout rarely seen in multifamily properties. Both units showcase updated interiors with newer laminate flooring, tile kitchens, and remodeled bathrooms, blending modern comfort with low-maintenance living. At $799,000, this duplex is currently producing a 7.45% cap rate on actual rent roll and operating expenses. With an 8.7% rent increase effective December 2026, the cap rate rises to 8.17%, well above the 5% to 6% range typical for small multifamily properties in the 90802 area. Add over $24,800 in completed capital improvements, including full bathroom and kitchen tile remodels, new flooring throughout, updated electrical and lighting, and fresh paint in both units, and this is a property offering both immediate cash flow and built-in upside. The property also includes a detached garage and a long driveway that provides abundant off-street parking. Gas and electric are separately metered for efficiency, and both units are tenant-occupied on month-to-month terms, giving maximum flexibility moving forwa
| Field | Value |
|---|---|
| MLS # | CRPW26180275 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Appliances | Oven - Gas, Oven Range - Gas, Refrigerator |
| Flooring | Laminate |
| Laundry | None |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 1 Car(s) |
| HOA Fee | $0 |
Beatrix Whipple
Keller Williams Pacific Estate
License #: 01355505
Phone: (562) 972-4336
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 2 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| International Elementary School | public | K-5 | 0.16 mi | 5 |
| Renaissance High School For The Arts | public | 9-12 | 0.21 mi | 8 |
| Stevenson Elementary School | public | K-5 | 0.24 mi | 5 |
| Franklin Classical Middle School | public | 6-8 | 0.63 mi | 4 |
| Edison Elementary School | public | K-5 | 0.75 mi | 3 |
| Lincoln Elementary School | public | K-5 | 0.76 mi | 7 |
| Roosevelt Elementary School | public | K-5 | 0.79 mi | 5 |
| Chavez Elementary School | public | K-5 | 0.84 mi | 6 |
| Polytechnic High School | public | 9-12 | 0.88 mi | 7 |
| Educational Partnership High School | public | 9-12 | 1.07 mi | 3 |
| Whittier Elementary School | public | K-5 | 1.30 mi | 5 |
| Burbank Elementary School | public | K-5 | 1.35 mi | 7 |
| Robinson Academy | public | K-8 | 1.49 mi | 5 |
| Washington Middle School | public | 6-8 | 1.49 mi | 4 |
| Burnett Elementary School | public | K-5 | 1.59 mi | 4 |
| Jessie Nelson Academy | public | 6-8 | 1.65 mi | 3 |
| Alvarado Elementary School | public | K-5 | 1.76 mi | 9 |
| Willard Elementary School | public | K-5 | 1.84 mi | 3 |
| Signal Hill Elementary School | public | K-5 | 1.86 mi | 8 |
| Lee Elementary School | public | K-5 | 1.90 mi | 6 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 410 E 21st St | $840,000 | – | – | – | Active |
| 1007 Lewis Ave | $649,000 | – | – | – | Active |
| 1467 Walnut Ave | $850,000 | – | – | – | Active |
| 1326 E 9th St | $919,000 | – | – | – | Active |
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This listing information is up-to-date as of August 18, 2026. For the most current information, please contact Beatrix Whipple, (562) 972-4336.