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$1,675,000
304 Days On Site

1013 Locust Avenue
Long Beach, CA 90813

For Sale|Apartment|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
4,693
SqFt
$357
/SqFt
1905
Built
Subdivision:
Downtown (DT)
County:
Los Angeles
Listed by Shawn Mohler of The Mohler Real Estate Group [email protected]

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1013 Locust Avenue1013 Locust Avenue1013 Locust Avenue1013 Locust Avenue
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Monthly Payment (Est.)

$7,642
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

This is the high cash flow turn key multi-family you have been looking for! Every one of these units have been beautifully remodeled and all have their own private laundry! The rear building has had extensive updates and consist of 4 units offering refinished hardwood floors in some units while others have new water resistant laminate. Other upgrade includes new bathrooms, upgraded plumbing, lovely updated vintage kitchens loads of storage, mud rooms with rear exits and each with their own private laundry hook ups, new light fixtures, stainless appliances installed and much more! All located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that is absolutely incredible!! Offering soaring coved ceilings, stunning formal dining room with grand bay window and original huge with pocket doors! The gigantic formal living/family room has to bee seen with faux fireplace with all original built in book shelves. There is even a grand formal entry, gorgeous kitchen that is stunning to say the least with solid surface counter tops, amazing light fixtures offering many new upgrades but some original built-in cabinets remain. There are 2 bedrooms one leading out to a really cool private side patio exclusive to the unit and the other bedroom is on the second floor with an enormous walk in closet with access to an huge attic space and 1.5 baths total! The main floor bathroom is enormous and has been fully remodeled. The duplex has a new roof installed and the rear 4 unit has had white coating with a 5 year warranty for added heat prevention. There is a 1 stall detached garage currently used as storage that has the preliminary approval for an ADU conversion, and the finished plans will be provided to the Buyer! Also, the very unique PD-30 zoning on this particular property could allow you to possibly add MANY more units in the future! (Buyer to verify independently) Truly the possibilities are endless or keep it as it is making great cash flow! All units are separately metered for gas and electric. (All photos were taken after remodel and before tenants moved in, condition may vary)

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Listing Snapshot
Price 
$1,675,000
Days On Site 
304 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,693 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1728 Acres
Year Built 
1905
MLS® Number 
PW24110123
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active Under Contract
a month agoListing updated with changes from the MLS®
2 months agoPrice changed to $1,675,000
10 months agoListing first seen on site
General Features
Acres 
0.1728
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
2
Parking 
None
Parking Spaces 
3
Property Condition 
Updated/Remodeled
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4693
Stories 
One
Utilities 
Cable AvailableCable Connected
Water Source 
Public
Zoning 
LBR4N
Interior Features
Fireplace Features 
None
Heating 
Floor FurnaceWall Furnace
Laundry Features 
InsideLaundry Room
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashConventional
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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