$2,050,000 - 1955 Locust Avenue, Long Beach

  • 0Beds
  • Baths
  • 7,079SQ. Feet
  • 0.16Acres

Excellent 10 Unit Building with a Great Mix of 8 One Bedrooms, 2 Two Bedrooms and Eight Garages. Gated Building with an On-site Laundry Room for additional income. Nice Wrigley Location in a Great Rental Area. 100% Occupied. NO RENT CONTROL AREA! Current Rents About 15% Below Market, so Lots of Room to Increase Rents. About 12.7 GRM at Market Rents! All Units Clean Inside with Island Kitchens.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:SB19147040
  • Price:$2,050,000
  • Bathrooms:0.00
  • Square Footage:7,079
  • Acres:0.16
  • Year Built:1962
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:1955 Locust Avenue
  • Area:North Long Beach (7)
  • Subdivision:Other (OTHR)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90806

Amenities

  • Parking Spaces:8
  • # of Garages:8

Exterior

  • Lot Description:Level with Street

Additional Information

  • Date Listed:June 14th, 2019
  • Days on Market:34
  • Zoning:LBR4R

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  • City:
    Long Beach
  • Price Range:
    $425,000 - $14,000,000
  • Current Listings:
    26
  • HOA Dues:
    $
  • Average Price per Square Foot:
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Wrigley Area (wr)

  • City:
    Long Beach
  • Price Range:
    $699,000 - $2,050,000
  • Current Listings:
    6
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $336

North Long Beach (nlb)

  • City:
    Long Beach
  • Price Range:
    $499,900 - $2,815,000
  • Current Listings:
    13
  • HOA Dues:
    $
  • Average Price per Square Foot:
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Provided By: Cris Molles(01345419), The Realestate Group.

Based on information from California Regional Multiple Listing Service, Inc. as of July 19th, 2019 at 11:27am CDT. 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. 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, 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.