1025 Locust Avenue Active

Long Beach,CA 90813

$ 2000000

- Bed

0 Bath

5498 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,498 sqft

Price per Sqft $363

MLS Listing ID CRPW24230683

HOA Y/N No

Year Built 1923

Lot Size 7,356 Sqft

Acres 0.17

Property Description

Attention ALL Multi-Family Investors! 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 Location! Location! Located within city’s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street’s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture – boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. “Pride of Ownership” is evident. Recent interior upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. Recent exterior upgrades include: New common area plank flooring, New landscaping, exterior paint and trim, new garage/auto door, and concrete driveway. The units are m

Location

State CA

County Los Angeles

Area Listing

Zoning LBR4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile,Vinyl,Carpet,Wood

Fireplace No

Laundry No Hookups

Exterior

View Y/N true

View Other

Building

Lot Description Other,Back Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7273006014

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