3530 Elm
Long Beach, CA, 90807
$489,000
MLS: OC26055869
Beds
2
Baths
2
Sq Ft
1,198
Lot
0.60 ac
Year Built
1979
MLS #
OC26055869
Days on Market
1
Listed
Mar 13, 2026
Description
Turn-key investment opportunity in the gated Bixby Elm condominium community in Long Beach. This upper-level condo is located in a well-maintained 63-unit building built in 1979 and features a practical floor plan with strong long-term investment potential. Community amenities include controlled access, elevator service, secure parking, spa, community laundry facilities, and outdoor common areas. HOA dues include several utilities and common area maintenance, creating a streamlined ownership experience. Recent comparable sales in the community have reached the $510K–$549K range, positioning this offering attractively within the current market. Conveniently located near major transportation corridors, shopping, dining, and everyday services throughout Long Beach. Excellent opportunity to acquire a property in a well-established condominium community with strong long-term value potential.
Location
Long Beach, Los Angeles County, CA 90807
Open on Google Maps ↗Listed by: Justin Schaller · Lion Heart Realty
Payment estimate
$3,697
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $48,900 · Loan: $440,100
- Principal & Interest
- $2,704
- Property tax (1.25%)
- $509
- Homeowners insurance
- $300
- Mortgage insurance
- $183
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $17,115 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Long Beach, CA 90807 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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