1013 Locust Avenue, Long Beach
Long Beach Home For Sale
This is the high cash flow turn key multi-family you have been looking for! Every one of these units have been beautifully remodeled and all have their own private laundry! The rear building has had extensive updates and consist of 4 units offering refinished hardwood floors, in some units while others have new water resistant laminate. Other upgrade includes new bathrooms, upgraded plumbing, lovely updated vintage kitchens loads of storage, mud rooms with rear exits and each with their own private laundry with gas hook ups, new light fixtures, stainless appliances installed and much more! All located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that is absolutely incredible!! Offering soaring coved ceilings, stunning formal dining room with grand bay window and original huge with pocket doors! The gigantic formal living/family room has to bee seen with faux fireplace with all original built in book shelves. There is even a grand formal entry, gorgeous kitchen that is stunning to say the least with solid surface counter tops, amazing light fixtures offering many new upgrades but some original built-in cabinets remain. There are 2 bedrooms one leading out to a really cool private side patio exclusive to the unit and the other bedroom is on the second floor with an enormous walk in closet with access to an huge attic space and 1.5 baths total! The main floor bathroom is enormous and has been fully remodeled. 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 currently used as storage that has the preliminary approval for an ADU conversion, and the finished plans will be provided to the Buyer! Also, the very unique PD-30 zoning on this particular building could allow you to possibly add many more units in the future! (Buyer to verify independently) Truly the possibilities are endless or keep it as it is making great cash flow! All units are separately metered for gas and electric. (All photos were taken after remodel and before tenants moved in, condition may vary)
Property Details
Additional Information
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- City:
- Long Beach
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- County:
- Los Angeles
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- Zip:
- 90813
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- MLS® #:
- PW24110123
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- Bedrooms:
- 7
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- Bathrooms:
- 7
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- Lot Size:
- 0.17
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- Neighborhood:
- Downtown (DT)
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- Levels:
- One
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- Garages:
- 1
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- HOA Dues:
- $
Price Change History for 1013 Locust Avenue, Long Beach, (MLS® #PW24110123)
Date | Details | Price | Change |
---|---|---|---|
Price Reduced (from $1,719,000) | $1,709,000 | $10,000 (0.58%) | |
Active | – | – | |
Active Under Contract (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of August 16th, 2024 at 3:55pm PDT. 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.