2018 Locust Avenue, Long Beach, CA 90806
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Reduced
- MLS#: 25493741 ( )
- Street Address: 2018 Locust Avenue
- Viewed: 7
- Price: $2,749,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1963
- Bldg sqft: 0
- Days On Market: 48
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90806
- Provided by: The Agency
- Contact: Jonathan Jonathan
- DMCA Notice
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Description$150k price reduction seller is motivated. Priced to sell only $236/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. 6 grm on current rents with upside to 8. 7 grm and 7. 5% 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.
Property Location and Similar Properties
Features
Building Area Total
- 11626.00
Cooling
- None
Country
- US
Garage Spaces
- 6.00
Heating
- Wall Furnace
Levels
- Two
Netoperatingincome
- 150000.00
Parcel Number
- 7209013029
Parking Features
- Assigned
Postalcodeplus4
- 4779
Sourcesystemkey
- 25493741:CLAW
Totalexpenses
- 100000.00
Uncovered Spaces
- 3.00
Year Built
- 1963
Zoning
- LBPD29