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2018 Locust Ave 13
Long Beach CA 90806 US

$2,625,000

Active Listing ID 25493741
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16 bed
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Lot: 0.30 Acres
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Other

$2,625,000

Active Listing ID 25493741
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2018 Locust Ave 13 $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.

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Property Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2625000
  • unparsedaddress: 2018 Locust Ave
  • unitnumber: 13
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90806
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2975
  • lotsizeunits: Acres
  • lotsizearea: 0.2975
  • livingarea: 11626
  • livingareaunits: Square Feet
  • listagentfullname: Jonathan Swire
  • listagentemail: jon@jonswire.com
  • listagentkey: 3yd-CLAWCA-X52994
  • listagentmlsid: X52994
  • listagentpreferredphone: 4242303700
  • listagentofficephone: 4242303700
  • listofficekey: 3yd-CLAWCA-X79013
  • listofficemlsid: X79013
  • disclaimer: Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1963
  • listingcontractdate: 2025-01-31
  • listagenturl: http://TheAgencyRE.com
  • countyorparish: Los Angeles
  • parcelnumber: 7209-013-029
  • numberofunitstotal: 13
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 9
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Agency", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jon@jonswire.com", "ListBrokerageCity":"Beverly Hills", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Info@TheAgencyRE.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CLAWCA/6408f781512311e1957300219b994c72/20140220172331427.png", "ListBrokerageName":"The Agency", "ListBrokeragePhone":"(424) 230-3700", "ListBrokeragePostalCode":"90210", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"331 Foothill Rd.", "ListBrokerageWebsiteUrl":"http://TheAgencyRE.com", "ListOfficeAddress1":"331 Foothill Rd.", "ListOfficeAddress2":"#100", "ListOfficeBrokerMlsId":"C142864", "ListOfficeCity":"Beverly Hills", "ListOfficeCountry":"US", "ListOfficeEmail":"Info@TheAgencyRE.com", "ListOfficePostalCode":"90210", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Long Beach, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2018-Locust-Ave-Apt-13_Long-Beach_CA_90806_M14629-15829?f=listhub&s=CLAWCA&m=25493741&c=rexren", "MLSModificationTimestamp":"2025-03-25T12:43:22Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/8/2025 2:33:28 PM GMT
Source Updated Date: 5/17/2025 6:58:24 AM GMT

Courtesy of: Jonathan Swire, The Agency, jon@jonswire.com

Copyright 漏 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.