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$2,500,000
2018 Locust Avenue 13Long Beach, CA 90806
Residential Income|Sold 05/23/2025
16
Beds
13
Total Baths
11,626
SqFt
$215
/SqFt
1963
Built
County:
Los Angeles
Listed by Jonathan Swire of The Agency [email protected]
Listed by Jonathan Swire of The Agency [email protected]
Call Now: 562.896.2456
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$275K PRICE REDUCTION - SELLER IS MOTIVATED. PRICED TO SELL - ONLY $226/SF. 13 units located in the Wrigley area of Long Beach subject to AB 1482 Rent Control (5% + CPI increases). Excellent unit mix for the area with onsite laundry and parking. 10.1 GRM on current rents with upside to 8.3 GRM and 7.9% CAP with all units at market rent. Property features 3 open parking spaces in the rear as well as 4 garages. There are also 2 covered garages in the front - possible ADU conversion - buyer to verify. Each unit also features it's own private balcony space. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
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Listing Snapshot
Bedrooms
16
Total Baths
13
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
11,626 sqft
Lot Size
0.2975 Acres
Year Built
1963
MLS® Number
25493741
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® |
General Features
Acres
0.2975
Garage
Yes
Garage Spaces
6
Number Of Stories
2
Parking
Assigned
Parking Spaces
9
Special Circumstances
Standard
SqFt Total
11626
Stories
Two
Zoning
LBPD29
Interior Features
Heating
Wall Furnace
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Community Features
MLS Area
5 - Wrigley Area
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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