• 2161 Locust Avenue Long Beach, CA 90806

  • $1,235,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,925
    Sq Ft
  • 6263
    Sqft
  • Listed By: George Bustamante, Coldwell Banker Commercial, DRE #01484265
  • Source: CRMLS

We are pleased to present 2161 Locust Avenue, a 5-unit investment property in Long Beach, California. This property has a 2 bedroom 1 bath house in front and the back structure has 3-1 bedroom units and 1- 2 bedroom two bathroom units. All the units have been fully renovated within the past 5 years. New electrical panels were added and there are 4 garages. The property has excellent cash flow and upside with much of the hard work already done. You don't want to miss out on this steady investment opportunity.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Heating Source

Central

Has Heating

Building Information

Year Built: 1920

Building Area Total: 2,925

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1438

Lot Size Source: Assessor

Lot Size Square Feet: 6263

Listing Price Information

Original List Price: 1,235,000

Listing Contract Date: 2024-03-02

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7208025011

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: 5 - Wrigley Area

Postal Code Plus 4: 4707

Directions: Locust Ave & south of Hill St.

Zoning: LBR2N

Source Property Type: Residential Income

Area: 5 - Wrigley Area

Property SubType: Mixed Use

Building and Construction

Property Age: 104

Common Walls: 2+ Common Walls

Structure Type: Mixed Use

Year Built Source: Assessor

Entry Level: 1

Entry Location: Street

Property Attached: Yes

Levels or Stories: One,Two

Building Total Stories: 1

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1967 Atlantic Avenue, Long Beach, CA,90806 $1,399,000 3 3 2,176 5588 Sqft
1872 Locust Avenue, Long Beach, CA,90806 $789,888 6 -- 1,816 5182 Sqft
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ByOwner last updated this listing 05/01/2024 @ 22:03

MLS: PW24043536
LISTED BY: George Bustamante, Coldwell Banker Commercial
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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