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$2,625,000
72 Days On Site
2018 Locust Avenue 13Long Beach, CA 90806
For Sale|Residential Income|Active
16
Beds
0
Full Baths
0
Partial Baths
11,626
SqFt
$226
/SqFt
1963
Built
County:
Los Angeles
Listed by Jonathan Swire of The Agency [email protected]
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Monthly Payment (Est.)
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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
Price
$2,625,000
Days On Site
72 Days
Bedrooms
16
Inside Area (SqFt)
11,626 sqft
Total Baths
13
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2975 Acres
Year Built
1963
MLS® Number
25493741
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 22 hours ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Price changed to $2,625,000 | |
| 2 months ago | Listing first seen on site |
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
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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