FOR SALE
$3,350,000

2018 Locust Avenue
Long Beach, CA 90806

Other
Commercial
11,626
Sq. Ft.
0.2975
Acre Lot
Courtesy: David Crispel - Premier Realty Associates
Agent Websites> California> Long Beach> 90806
Welcome to an exceptional investment opportunity in the heart of Long Beach, California! Presenting a well-maintained multi-family building with 13 apartments, this property is a prime addition to any discerning investor's portfolio. Current rents are below market rents, and have potential for increase. As opposed to most multi-family properties in Long Beach, the apartment size of 900 Sqft. each and 2 units of 1,100 & 1,400 sqft, because of the size of each unit (900 sqft), investors can change the units from 1 bedroom to 2 bedrooms, and increase the rent. make the units very spacious and desirable. Situated just off Long Beach Blvd. and 20th Street, this multi-family building enjoys proximity to convenient city amenities, renowned beaches, and convenient access to major thoroughfares. With potential rent increase, this property offers a very lucrative income, making it a very savvy investment. New roof installed in 2019 as well as a new sewer line.
24353885
Other, 2 Story
Los Angeles
1963
0.2975 Acres
2
Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Courtesy: David Crispel - Premier Realty Associates
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