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1013 Locust Avenue

Long Beach, CA 90813
  • $1,595,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: PW22085143
Price Reduced
$1,595,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

Listing Agent(s): Jeff Anderson of Exp Realty Of California Inc (888-584-9427) and Becky Layton-Hartman of Exp Realty Of California Inc(888-584-9427)


Description

Investors dream located in Downtown Long Beach! This sprawling 6 unit 7,524 square feet property framed in lush greenery has 2 quaint units in front and 4 units in back, perfect to accommodate several residents or renters with their own private space. With 6 total units, there are 5 1/1 units and 1 2/1 unit, each featuring seperate entries! Located only a few blocks from the beach, as well as convenient shops and dining along Pine Avenue, this residence makes living and enjoying life in Long Beach easy and accessible.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128093064
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1013 Locust Avenue Long Beach, CA 90813

  • Price: $1,595,000
  • Status: Active
  • On Site: 30 Days
  • ID#: PW22085143
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1905
Built
Neighborhood:
Downtown (Dt)
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Investors dream located in Downtown Long Beach! This sprawling 6 unit 7,524 square feet property framed in lush greenery has 2 quaint units in front and 4 units in back, perfect to accommodate several residents or renters with their own private space. With 6 total units, there are 5 1/1 units and 1 2/1 unit, each featuring seperate entries! Located only a few blocks from the beach, as well as convenient shops and dining along Pine Avenue, this residence makes living and enjoying life in Long Beach easy and accessible.
Exterior Features

Lot Features Front Yard Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Electric Expense 0 Exclusions All Tenants Personal Belongings Fuel Expense 0 Garage YN No Gross Income 83013.6 Gross Scheduled Income 93120 Insurance Expense 4526.4 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 83013.6 New Construction YN No New Taxes Expense 1114.9 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 10106.4 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 3120 Water Sewer Expense 1560 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Jeff Anderson of Exp Realty Of California Inc (888-584-9427) and Becky Layton-Hartman of Exp Realty Of California Inc(888-584-9427)