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2161 Locust Avenue

Long Beach, CA 90806
Square Ft.
2,695
Closed
Commercial
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$1,135,000
7.69% 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 5 Single Garages With Alley Access. Makes It Convenient For… Read MoreRead Less
Property listed by Keller Williams Pacific Estate, Jorge Mora [email protected]
Listing Snapshot
Days Online
45
Last Updated
Property Type
Multi Family
Square Ft.
2,695
Lot Size
0.14 Acres
Year Built
1920
MLS Number
PW25181559
30 Days Snapshot Of 90806
$710k
0%
(avg) sold price
6
-33%
homes sold
135
+95%
(avg) days on market
Snapshot
Area Map
Additional Details
Heating
Central
Building
Built in 1920, Building area total: 2,695, 3 buildings
Expenses
Electric expense: $200, Insurance expense: $240, Operating expense: $60,500, Trash expense: $85, Water sewer expense: $100
Income
Net operating income: $56,320
Laundry
CommonArea
Lot
0.1438 acres, 6,263 square feet, Size: 6,263, TwoToFiveUnitsAcre
Parking
5 open parking spaces, 5 totals parking
Roof
Shingle
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Monthly Payment
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Miguel Belmonte
Realtor®
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Schools In The Area

Check out nearby schools with ratings and contact info.
Smith Elementary School 562-595-9466 Public KG-5
Lafayette Elementary School 562-426-7075 Public KG-5
Robinson K - 8 Academy 562-492-6003 Public KG-8
Educational Partnership High School 562-218-0493 Public 9-12
Smith Elementary School 562-595-9466 Public KG-5
Lafayette Elementary School 562-426-7075 Public KG-5
Robinson K - 8 Academy 562-492-6003 Public KG-8
First Baptist Church School 562-432-8447 Private KG-12
Montessori on Elm 562-682-3492 Private PK-4
Huntington Academy 562-591-2508 Private KG-5
Pacific Baptist School 562-426-5214 Private PK-12
Smith Elementary School 562-595-9466 Public KG-5
Lafayette Elementary School 562-426-7075 Public KG-5
Robinson K - 8 Academy 562-492-6003 Public KG-8
First Baptist Church School 562-432-8447 Private KG-12
Montessori on Elm 562-682-3492 Private PK-4
Huntington Academy 562-591-2508 Private KG-5
Pacific Baptist School 562-426-5214 Private PK-12
Robinson K - 8 Academy 562-492-6003 Public KG-8
Washington Middle School 562-591-2434 Public 6-8
First Baptist Church School 562-432-8447 Private KG-12
Pacific Baptist School 562-426-5214 Private PK-12
Educational Partnership High School 562-218-0493 Public 9-12
Intellectual Virtues Academy 562-283-4456 Public 9-12
First Baptist Church School 562-432-8447 Private KG-12
Pacific Baptist School 562-426-5214 Private PK-12
St Anthony High School 562-435-4496 Private 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.