tomo logo

$2,625,000

Beds
16
sq ft
11,626

2018 Locust Ave Unit 13, Long Beach, CA 90806

2018 Locust Ave Unit 13

Long Beach, CA 90806

  • 60 days on market
    • Price drop $124,000↓
$275K PRICE REDUCTION - SELLER IS MOTIVATED. PRICED TO SELL - ONLY $226/SF. 13 units located in the Wrigley area of Long Beach subject to AB 1482 Rent Control (5% + CPI increases). Excellent unit mix for the area with onsite laundry and parking. 10.1 GRM on current rents with upside to 8.3 GRM and 7.9% CAP with all units at market rent. Property features 3 open parking spaces in the rear as well as 4 garages. There are also 2 covered garages in the front - possible ADU conversion - buyer to verify. Each unit also features it's own private balcony space. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Details

Property type

Lot size

0.2975 acres

Price per sq ft

$226

Year built

1963

HOA

No

Price History

03/25/2025
CLAW

CLAW #25493741

Price change
$2,625,000
-4.51%
03/16/2025
CLAW

CLAW #25493741

Price change
$2,749,000
-1.79%
03/04/2025
CLAW

CLAW #25493741

Price change
$2,799,000
-1.76%

Schools & Community

Neighborhood: 

Wrigley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 04/04/2025 at 9:35 AM

Listing updated: 04/02/2025 at 6:11 PM

Listed by: Jonathan Swire, The Agency Phone #: (424) 230-3700

MLS: CLAW #25493741

CLAW logo

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