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1025 Locust Avenue

Long Beach, CA 90813
Active
Multifamily
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Property listed by Kinnery's Brokerage House, Cameron Jacques 310-490-8134
$1,850,000
Don’t miss this rare opportunity to own a turnkey Downtown Cash Cow! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal… Read MoreRead Less
Listing Snapshot
Days Online
31
Last Updated
Property Type
MixedUse
Lot Size
0.17 Acres
Year Built
1923
MLS Number
PW25270914
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
GasCooktop, GasOven, GasRange, Microwave, Refrigerator
Building
Built in 1923, 2 buildings, 2 stories, Entry level: 1, Entry location: 1
Community
Biking, Curbs, Golf, Gutters, Park, StreetLights, Suburban, Sidewalks, WaterSports
Cooling
WallWindowUnits
Expenses
Operating: $56,406
Fence
Wood
Fireplaces
FamilyRoom
Floors
Carpet, Tile, Vinyl, Wood
Foundation
Raised
Garage
4 spaces
Heating
WallFurnace
Income
Gross Income: $177,600, Gross ScheduledIncome: $180,600, Net Operating Income: $120,582
Interior Features
CeilingFans, CrownMolding, RecessedLighting
Laundry
None
Lot
0.1689 acres, Dimensions: 49 x 151, BackYard, RectangularLot, Walkstreet, Yard
Parking
4 total parking spaces
Pool
None
Property
UpdatedRemodeled, Neighborhood
Roof
Composition, Flat
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7273006014, Lot: 17, Zoning: LBR4N
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public
Windows
DoublePaneWindows
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Monthly Payment
$0
Charles Fisher
Realtor®
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Schools In The Area

Check out nearby schools with ratings and contact info.
Roosevelt Elementary School 562-599-3418 Public KG-5
Washington Middle School 562-591-2434 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12
Roosevelt Elementary School 562-599-3418 Public KG-5
Roosevelt Elementary School 562-599-3418 Public KG-5
Washington Middle School 562-591-2434 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.