$2,849,000
- Beds
- 16
- sq ft
- 11,626
2018 Locust Ave Unit 13, Long Beach, CA 90806
2018 Locust Ave Unit 13
Long Beach, CA 90806
- 20 days on market
- Price drop $51,000↓
PRICED TO SELL - ONLY $245/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. 11X GRM on current rents with upside to 9.0 GRM and 7.2% 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
$246
Year built
1963
HOA
No
Price History
02/17/2025
CLAW #25493741
Price change
$2,849,000
-1.76%
01/31/2025
CLAW #25493741
Listed
$2,900,000
Schools & Community
Neighborhood:
Wrigley
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 02/23/2025 at 2:30 PM
Listing updated: 02/17/2025 at 10:20 AM
Listed by: Jonathan Swire, The Agency Phone #: (424) 230-3700
MLS: CLAW #25493741
Recently listed in Long Beach
$905,000|2 bd|1.5 ba|House
$525,000|2 bd|2.0 ba|Condo
$1,160,000|3 bd|2.0 ba|House
$799,999|2 bd|2.0 ba|House
$194,900|2 bd|2.0 ba|Manufactured
$989,000|3 bd|1.5 ba|House
$750,000|1 bd|1.5 ba|Condo
$725,000|2 bd|2.0 ba|Condo
$555,000|1 bd|1.0 ba|Condo
$598,000|2 bd|1.0 ba|House
Explore top cities in California