Long Beach, CA 90806,2018 Locust Ave #13
Long Beach, CA 90806,2018 Locust Ave #13
Long Beach, CA 90806,2018 Locust Ave #13
8
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$2,849,000
Est. payment /mo
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16 BD
13 BA
11,626 SqFt
Price Dropped by $51K

2018 Locust Ave #13 Long Beach, CA 90806

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UPDATED:

02/17/2025 04:55 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,626 sqft

Price per Sqft $245

MLS Listing ID 25493741

Bedrooms 16

Year Built 1963

Lot Size 0.297 Acres

Acres 0.2975

Property Sub-Type Multi-Family

Property Description

PRICED TO SELL - ONLY $245/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. 11X GRM on current rents with upside to 9.0 GRM and 7.2% 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.

Location

State CA

County Los Angeles

Area Wrigley

Zoning LBPD29

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Assigned

Garage Spaces 9.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by The Agency

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agent

Herman Singh

Broker

+1(718) 679-7822

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2018 Locust Ave #13