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Long Beach, CA 90806 2190 Locust Avenue

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  • MLS# SB20072760
  • 04/13/2020
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Presented By: Nico Rosmarin with Lyon Stahl Investment Real Estate, Inc..
  • SQFT • 6,976
  • Garage • 7
  • Year Built • 1963

Home Details

We are pleased to present 2190 Locust Avenue, a 10 unit multifamily investment property located in Wrigley, a desirable pocket of Northeast Long Beach. The offering is comprised of nine (9) 1-bedroom / 1-bathroom units and one (1) 2-bedroom / 1-bathroom unit with a total living area of 6,976 SF situated on a large 7,419 SF corner lot. Washer and Dryer on-site as well as a shed for extra storage. The property features several upgrades including a brand-new roof, updated laminate flooring, new paint, and appliances in most units. One unit just finished a full remodel in April 2020. Seismic retrofitting was just completed in January 2020. All but one of the garage doors are brand new as of September 2019. The location is optimal with Shoreline Village, Mother's Market & Kitchen, Long Beach City College, Long Beach Airport, St. Mary’s Hospital, Long Beach Memorial, and many other attractions just a short distance away. FIRST TIME ON THE MARKET IN 15 YEARS, the current owner has kept this property in good condition, with consistent upkeep, repairs, and remodels. With great in-place income and significant rental upside, this is an excellent opportunity for an owner-user and investor alike to acquire an investment property in one of the most rapidly developing cities in Los Angeles.
Presented By: Nico Rosmarin with Lyon Stahl Investment Real Estate, Inc..

Interior Features for 2190 Locust Avenue

Bedrooms

1st Bedroom Area Unit TypeSquare Feet
2nd Bedroom Area Unit TypeSquare Feet
3rd Bedroom Area Unit TypeSquare Feet

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesCommon Area, Dryer Included, Washer Included
Laundry Y/NYes
Studio Area Unit TypeSquare Feet
Total Stories2

General for 2190 Locust Avenue

Attached StructureAttached
Community FeaturesBiking, Curbs, Gutters, Sidewalks, Street Lights
DirectionsNorthbound on Long Beach Blvd, turn left onto E Hill St. The property is located on the South East corner of the Locust Ave & E Hill St. intersection.
LevelsTwo
ListAgentAORSouth Bay
Listing AgentNico Rosmarin - BRE#02023847
Listing Agent State License02023847
MLS Area5 - Wrigley Area
Price Per Square Foot311.78
Property Attached Y/NYes
Senior Community Y/NNo
Source SystemCRMLS
Special Listing ConditionsStandard
Subdivision NameWrigley Area (WR)
Subdivision NameWrigley Area (WR)
Total Units10
ZoningLBPD29

Exterior for 2190 Locust Avenue

Building Area Total6976.00
Garage Spaces7.00
Land Lease Y/NNo
Lot Features6-10 Units/Acre, Corner Lot, Lot 6500-9999, Near Public Transit, Park Nearby, Paved
Lot Size Acres0.1703
Lot Size Area7419.0000
Lot Size SourceAssessor
Lot Size Square Feet7419.00
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Pool FeaturesNone
Private PoolNo
SewerPublic Sewer
Total Parking8.00
Uncovered Spaces1.00
Water SourcePublic

Additional Details

Price History

First Team Client Services

Price $2,175,000
MLS#SB20072760
List Date 04/13/2020
Property Type Income
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Request Info

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