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$1,325,000

Est. payment - /mo

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2,695 SqFt

Active

2161 Locust AVE Long Beach, CA 90806

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/28/2024 10:16 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,695 sqft

Price per Sqft $491

MLS Listing ID PW24218479

HOA Y/N No

Year Built 1920

Lot Size 6,263 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Fireplace No

Laundry Common Area

Exterior

Garage Assigned

Garage Spaces 4.0

Garage Description 4.0

Fence Security, Wood

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected

Parking Type Assigned

Total Parking Spaces 7

Private Pool No

Building

Lot Description 2-5 Units/Acre, Lawn

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7208025011

Energy Description 3420.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Jorge Mora • Keller Williams Pacific Estate • jorge@themorarealtygroup.com

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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