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2161 Locust AVE Long Beach, CA 90806
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Key Details
Sold Price $1,135,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25181559
Sold Date 09/26/25
HOA Y/N No
Year Built 1920
Lot Size 6,263 Sqft
Property Sub-Type Multi Family
Property Description
7.69% Cap Rate! With Still An Opportunity To Grow. Add This High Performing Multi Family Property To Your Investment Portfolio. With (3) 1 Bedroom 1 Bath, (1) 2 Bedroom 1 Bath and (1) 2 Bedroom 2 Bath Units. Along With 5 Single Garages With Alley Access. Makes It Convenient For Tenants To Come And Go. Coin Operated Laundry. Many Upgrades Have Been Done To The Property With A Newer Roof, Upgraded Electrical Panel And Upgrades Inside The Units. The Property Also Has A Long Driveway For Additional Parking. Centrally Located To Metro Blue Line, 710 Freeway, Shopping, Restaurants And Much More. You're Not Going To Want To Miss Out On This Golden Opportunity.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Interior
Heating Central
Fireplace No
Laundry Common Area
Exterior
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 7208025011
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Miguel Belmonte Century 21 Allstars
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