$2,000,000
1025 Locust Avenue Long Beach, CA 90813
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Listed by Cameron Jacques • Kinnery's Brokerage House
$2,000,000
Est. payment /mo
5,498 SqFt
UPDATED:
11/12/2024 05:55 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,498 sqft
Price per Sqft $363
MLS Listing ID CRPW24230683
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1920
Lot Size 7,356 Sqft
Property Description
Attention ALL Multi-Family Investors! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city�??s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street�??s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture �?? boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. �??Pride of Ownership�?� is evident. Recent upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. The units are much larger than many of the nearby apartment units. The oversized 3-room studios include galley style kitchens with counter to ceiling cabinets, walk-in closets a
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl, Carpet, Wood
Fireplace No
Laundry No Hookups
Exterior
View Other
Building
Lot Description Other, Back Yard
Water Public
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