This Multifamily Property is no longer advertised on LoopNet.com.
2115 Locust Ave
Long Beach, CA 90806
Owner/User 4-Plex, Cash Flow Opportunity · Multifamily Property For Sale · 4 Units
Investment Highlights
- Beautiful, cash flowing 4-plex over 4,100 Sq.Ft located in South Wrigley
- Strong unit mix consisting of (1) 3-bedroom/2-bath, (2) 2-bedroom/1-bath, & (1) 1-bedroom/1-bath
- With House rented with Top of the Market rents, property would be operating at a 5.65% Cap, 12.50 GRM
- Great owner/user opportunity with a VACANT House in the front and (3) units in the back
- (5) Garages on site, great opportunity for additional income, separately metered for gas and electric
- Great transit access, only minutes away from the 710 and 405 Freeways
PROPERTY FACTS
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.14 AC |
Building Size | 4,158 SF |
No. Stories | 2 |
Year Built | 1965 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
3+2 | 1 | $2,000 | - |
2+1 | 2 | $1,740 | - |
1+1 | 1 | $1,600 | - |
PROPERTY TAXES
Parcel Number | 7208-025-023 | Improvements Assessment | $716,315 |
Land Assessment | $530,604 | Total Assessment | $1,246,919 |
zoning
Zoning Code | LBR2N (Two-Family Residence) |
Learn More About Investing in Apartment Buildings
Listing ID: 19746040
Date on Market: 6/1/2020
Last Updated:
Address: 2115 Locust Ave, Long Beach, CA 90806
The Multifamily Property at 2115 Locust Ave, Long Beach, CA 90806 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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