2326 Locust Avenue, Long Beach, CA 90806

$1,695,000 Approx. USD 0 beds, 0 baths
5,534 sqft
Reduced by $55,000 on 12/7/2016

Agent Remarks

This is a truly unique opportunity to own an income-producing asset that you can be proud to have in your portfolio. A different standard of quality in design, construction, and management than anything you have seen in the City of Long Beach. The entire building was completely gutted and re-imagined with a clean, modern flair, then re-constructed with painstaking care and true craftsmanship. All rents are ACTUAL, residents were screened to a rigorous standard for credit, employment, and payment history and signed to a minimum lease term of 1 year. Features including drought-tolerant landscaping with drip irrigation, tankless house water heater, new CA Energy Code compliant windows and LED lighting throughout demonstrate a commitment to energy efficiency and low-maintenance. Separately metered for gas & electricity, 8 on-site parking spaces, laundry room with (2) coin-operated washers & dryers, irrigation & exterior lighting on timers.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# OC16182710
List price is $1,695,000 Reduced by $55,000 on 12/7/2016
Beds: 0
Baths: 0
None fireplaces
Built in 1964
5,534 sqft
2 stories
0.13 acres
Lot size: 5770.000
County: Los Angeles
Property style: Modern
Zoning: LBPD29
Interior features: Bathtub,Wired for Data,Low Flow Shower,Low Flow Toilet(s),Remodeled Kitchen,Shower in Tub,Stone Counters
Appliances: Electric Range,Garbage Disposal,Gas Water Heater,Range/Stove Hood,Refrigerator,Vented Exhaust Fan
Parking description: Assigned,Community Garage,Driveway - Concrete,Garage - Front Entry,Garage,On Site,Garage - Single Door,Garage - Three Door,Uncovered
Heating description: Wall Heater
MLS area: 5 - Wrigley Area

Last Updated: 12/8/2016

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This listing belongs to the 5 - Wrigley Area MLS area

The style of this listing is Modern.
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The listing is zoned LBPD29.
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Lat/Long: 33.799454, -118.190239.
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Broker: Courtesy of The Long Beach Company
Listing Agent: Tim Stuart

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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