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2161 Locust Avenue

Long Beach, CA 90806

– beds
– baths
– sqft
6,263 sqft lot
1920 build
– on site

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.

Listed By CRMLS_CA / Jorge Mora / Keller Williams Pacific Estate / jorge@themorarealtygroup.com

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# PW24218479 —

The Building

Year Built:

1920
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

2695.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

3
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Levels:

Two
Entry Location:

Street
Laundry:

Community
Laundry:

1

Location

Directions:

South of Willow, West of Long Beach Blvd
Latitude:

33.79642400
Longitude:

-118.19071700

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Lot Features:

2-5 Units/Acre, Lawn
Lot Size Area:

6263.0000
Lot Size Acres:

0.1438
Lot Size SqFt:

6263.00
Lot Size Source:

Assessor
Fencing:

Security, Wood
Fence:

Yes
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

11934
Tax Lot:

11

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7208025011
Showings Begin:

2024-10-23

Heating & Cooling

Heating:

1
Heating:

Central

Utilities

Utilities:

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

Public Sewer
Water Source:

Public

The Community

Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

7.00
Garage Spaces:

4.00
Uncovered Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/23/24 Oct 23, 2024	Listed / Active	CRMLS_CA	$1,325,000	203.9% (21.9% / YR)
3/3/24 Mar 3, 2024	Listed / Active	CRMLS_CA
2/20/24 Feb 20, 2024	Price Changed	CRMLS_CA

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This multifamily located in Southeast Wrigley, Long Beach, CA 90806 is currently for sale for $1,325,000. 2161 Locust Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 56 days. 2161 Locust Avenue is in the Southeast Wrigley neighborhood of Long Beach and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Robinson Elementary School and Polytechnic High School.

Listing Courtesy of: CRMLS_CA and Keller Williams Pacific Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 23:57 on Dec 17.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.