2018 Locust Avenue #13

Long Beach, CA 90806

  • 16 Bed(s)
  • 0 Bath(s)
  • 11,626 Sqft
  • 12958
    Sqft(Lot)
$2,849,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48502587

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Property Details

  • Bedroom Information

    • Total Bedrooms : 16

    Bathroom Information

    • Total Baths: 13
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1963
    • Building Area Total: 11,626

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2975
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 12958

  • Listing Price Information

    • Original List Price: 2,849,000
    • Listing Contract Date: 2025-01-31

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 7209013029

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 5 - Wrigley Area
    • Postal Code Plus 4: 4779
    • Directions: 13 units in Wrigley area of Long Beach.
    • Zoning: LBPD29
    • Source Property Type: Residential Income
    • Area: 5 - Wrigley Area

    Building and Construction

    • Property Age: 62
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 11626
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 11:22

  • MLS: 25493741
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 16 bedrooms which is for sale, it has 11,626 sqft, 12,958 sized lot, and 6 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90806, this Los Angeles County Home , it is in the Wrigley Area (WR) Subdivision, are nearby neighborhoods.