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$2,200,000
36 Days On Site
1775 Locust AvenueLong Beach, CA 90813
For Sale|Residential Income|Active
19
Beds
9
Total Baths
7,176
SqFt
$307
/SqFt
1962
Built
County:
Los Angeles
Listed by Jonathan Swire of The Agency [email protected]
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Monthly Payment (Est.)
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PRICED TO SELL. 9.6 GRM and 6.6% CAP with upside to a 8.6 GRM and 7.7% CAP. 9 units in Long Beach. Excellent unit mix for the area. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). 4 garages in the rear. On-site laundry. A number of units here are rented to Section 8 and Housing Programs - rents could easily be increased based on Payment Standards for the 90813 zip code. The 4 garages in rear could potentially be converted to ADU's - Buyer to verify. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
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Listing Snapshot
Price
$2,200,000
Days On Site
36 Days
Bedrooms
19
Inside Area (SqFt)
7,176 sqft
Total Baths
9
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1724 Acres
Year Built
1962
MLS® Number
25543763
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Price changed to $2,200,000 | |
| a month ago | Listing first seen on site |
General Features
Acres
0.1724
Number Of Stories
2
Parking
Assigned
Parking Spaces
4
Special Circumstances
Standard
SqFt Total
7176
Stories
Two
Zoning
LBR4R
Interior Features
Heating
Wall Furnace
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Community Features
MLS Area
4 - Downtown Area, Alamitos Beach
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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