2115 Locust Avenue

    Long Beach, CA 90806
    • $975,000
    • STATUS: Closed
    • ON SITE: 307 days
    • ID#: OC18086058
    Sold - 07/17/2018
    $975,000
    SOLD - 07/17/2018
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,158
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Other (Othr)
    Type:
    Multi-Family
    Built:
    1965
    County:
    Los Angeles
    Area:
    5 - Wrigley Area

    School Ratings & Info

    Visit GreatSchools.org

    Description

    BACK ON MARKET!!! Great investment opportunity for a statewide style 4plex in the up and coming Wrigley area of Long Beach. Excellent unit mix of 1 3bed/2bath front house with 3 2bed/1bath units behind. 5 single car garages. Laundry room. Most units are upgraded with tile floors and fresh paint. This property is all electric and therefore low overheard. Spacious unit and smart layout makes easy to rent. These style of 4plexs are highly sought after!

    Sold by Luke Lu of Supcom Properties.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-16T14:35:09.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/82614878

    2115 Locust Avenue Long Beach, CA 90806

    • Price: $1,000,000
    • Status: Closed
    • Updated: 48 min ago
    • ID#: OC18086058
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,158
    SQFT
    $0
    $/SQFT
    1965
    Built
    Neighborhood:
    Other (Othr)
    County:
    Los Angeles
    Area:
    5 - Wrigley Area
    Property Description
    BACK ON MARKET!!! Great investment opportunity for a statewide style 4plex in the up and coming Wrigley area of Long Beach. Excellent unit mix of 1 3bed/2bath front house with 3 2bed/1bath units behind. 5 single car garages. Laundry room. Most units are upgraded with tile floors and fresh paint. This property is all electric and therefore low overheard. Spacious unit and smart layout makes easy to rent. These style of 4plexs are highly sought after!
    Exterior Features

    Garage Spaces 5.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Individual Room Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 360.00 Elevation Units Feet Fuel Expense 0.00 Garage Rental Rate 100.00 Gross Income 100.00 Gross Multiplier 14.22 Gross Scheduled Income 73800.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 56715.00 New Taxes Expense 13125.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 17085.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other . Total Actual Rent 6050.00 Total Expenses 17085.00 Trash Expense 0.00 Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Adam Huss of Huss Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-16T14:35:09.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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