2018 Locust Avenue, Long Beach, CA 90806
  • MLS#: 25493741 ( )
  • Street Address: 2018 Locust Avenue
  • Viewed: 11
  • Price: $2,625,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 85
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90806
  • Provided by: The Agency
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    $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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Features
Building Area Total
  1. 11626.00
Cooling
  1. None
Country
  1. US
Garage Spaces
  1. 6.00
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 150000.00
Parcel Number
  1. 7209013029
Parking Features
  1. Assigned
Postalcodeplus4
  1. 4779
Sourcesystemkey
  1. 25493741:CLAW
Totalexpenses
  1. 100000.00
Uncovered Spaces
  1. 3.00
Views
  1. 11
Year Built
  1. 1963
Zoning
  1. LBPD29