$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 #25493741
Price change
$2,625,000
-4.51%
03/16/2025

CLAW #25493741
Price change
$2,749,000
-1.79%
03/04/2025

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

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