2018 Locust Avenue 2018 Locust Avenue Long Beach, California 90806 United States
2018 Locust Avenue Long Beach, California 90806 United States
$3,350,000
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Welcome to an exceptional investment opportunity in the heart of Long Beach, California! Presenting a well-maintained multi-family building with 13 apartments, this property is a prime addition to any discerning investor's portfolio. Current...
- .2975 Acres
- Exterior
- Commercial
- Property type
- 1963
- Year Built
- 24353885
- Web Id
- 24353885
- MLS ID
- 91
- days ago
About 2018 Locust Avenue
Welcome to an exceptional investment opportunity in the heart of Long Beach, California! Presenting a well-maintained multi-family building with 13 apartments, this property is a prime addition to any discerning investor's portfolio. Current rents are below market rents, and have potential for increase. As opposed to most multi-family properties in Long Beach, the apartment size of 900 Sqft. each and 2 units of 1,100 & 1,400 sqft, because of the size of each unit (900 sqft), investors can change the units from 1 bedroom to 2 bedrooms, and increase the rent. make the units very spacious and desirable. Situated just off Long Beach Blvd. and 20th Street, this multi-family building enjoys proximity to convenient city amenities, renowned beaches, and convenient access to major thoroughfares. With potential rent increase, this property offers a very lucrative income, making it a very savvy investment. New roof installed in 2019 as well as a new sewer line.
Listing Courtesy of Premier Realty Associates
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Premier Realty Associates
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
features
- cooling
- Propane Heating
PROPERTY INFORMATION
- Community Info
- Gated
EXTERIOR
- Construction
- Stucco
ADDITIONAL INFORMATION
- Number of Units
- 13
Listing Courtesy of Premier Realty Associates