2161 Locust Avenue
Long Beach, CA 90806
0.14 acres | #PW24218479
Description
6.16 Cap Rate! With Still An Opportunity To Grow. Add This High Performing Multi Family Property To Your Investment Portfolio. With (3) 1 Bedroom 1 Bath, (1) 2 Bedroom 1 Bath and (1) 2 Bedroom 2 Bath Units. Along With 4 Single Garages With Alley Access. Makes It Convenient For Tenants To Come And Go. Coin Operated Laundry. Many Upgrades Have Been Done To The Property With A Newer Roof, Upgraded Electrical Panel And Upgrades Inside The Units. The Property Also Has A Long Driveway For Additional Parking. Centrally Located To Metro Blue Line, 710 Freeway, Shopping, Restaurants And Much More. You're Not Going To Want To Miss Out On This Golden Opportunity.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerAvailable, WaterConnected
- Lot DescriptionTwoToFiveUnitsAcre, Lawn
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,325,000
- MLS #PW24218479
- MLS #PW24218479
- Property SubtypeMixedUse
- Cost1245500
- Acres0.1438
- Utility SourcePublic
- Year Built1920
- Stories2
- Parking Spaces4
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jorge Mora (#PWJOMORA)
Listing Office: Keller Williams Pacific Estate (#PB16299)
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