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1013 Locust Avenue

Long Beach, CA 90813
  • $1,865,000
  • STATUS: Active
  • ON SITE: 139 Days
  • ID#: PW23121157
UPDATED: 69 min ago
$1,865,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

Listing Agent(s): Shawn Mohler of The Mohler Real Estate Group (562-505-7953)


Description

Wow, this is the multi-family you have been looking for...these units are spacious, beautifully remodeled and all own with their own private laundry. The rear 4 unit has been remodeled from head to toe with refinished hardwood floors, designer colors, new bathrooms, upgraded plumbing, lovely vintage kitchens, new light fixtures, appliances installed all located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that offers soaring ceilings, original built ins, huge kitchen with solid surface counter tops, 2 bedroom and 1.5 baths with endless storage and private side yard! The duplex has a new roof installed and the rear 4 unit has had white coating for added heat prevention. There is a 1 stall detached garage that has preliminary approval for an ADU conversion, and the plans will be provided to the Buyer. Also, the very unique PD-30 zoning on this particular building could allow you to add multiple other units in the future! This property is truly turnkey and a must see!! All photos are of the actual units after the remodel and before current tenants. All units are separately metered for gas and electric.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T20:34:03.333. 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 or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/141536142
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1013 Locust Avenue Long Beach, CA 90813

  • Price: $1,865,000
  • Status: Active
  • On Site: 139 Days
  • Updated: 69 min ago
  • ID#: PW23121157
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1905
Built
Neighborhood:
4 - Downtown Area, Alamitos Beach
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Wow, this is the multi-family you have been looking for...these units are spacious, beautifully remodeled and all own with their own private laundry. The rear 4 unit has been remodeled from head to toe with refinished hardwood floors, designer colors, new bathrooms, upgraded plumbing, lovely vintage kitchens, new light fixtures, appliances installed all located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that offers soaring ceilings, original built ins, huge kitchen with solid surface counter tops, 2 bedroom and 1.5 baths with endless storage and private side yard! The duplex has a new roof installed and the rear 4 unit has had white coating for added heat prevention. There is a 1 stall detached garage that has preliminary approval for an ADU conversion, and the plans will be provided to the Buyer. Also, the very unique PD-30 zoning on this particular building could allow you to add multiple other units in the future! This property is truly turnkey and a must see!! All photos are of the actual units after the remodel and before current tenants. All units are separately metered for gas and electric.
Exterior Features

Architectural Style Bungalow Entry Level 1 Entry Location 1 Fencing Wood Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 6 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Roof CompositionRolled/Hot Mop View None View YN No

Interior Features

Appliances Gas RangeRefrigerator Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateStoneWood Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Laminate CountersPantryStone CountersUnfurnished

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 150880 Gross Scheduled Income 155880 Insurance Expense 1000 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupInsideLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional Net Operating Income 150880 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 5000 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 200 Water Source Public Zoning Lbr4n



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T20:34:03.333. 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 or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Shawn Mohler of The Mohler Real Estate Group (562-505-7953)