2223 Locust Avenue Long Beach, CA ^$ 985,000

2223 Locust Avenue

^$ 985,000

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2223 Locust Avenue

Long Beach, CA, 90806

^$ 985,000

Bedrooms5 Baths3.0 Sq 3,034

Monthly Estimate*

^$ 6,881

Listed by Nathan Mahoney, Broker

2223 Locust Avenue, Long Beach, CA 90806 - Image 1

2223 Locust Avenue, Long Beach, CA 90806 - Image 2

2223 Locust Avenue, Long Beach, CA 90806 - Image 3

2223 Locust Avenue, Long Beach, CA 90806 - Image 4

2223 Locust Avenue, Long Beach, CA 90806 - Image 5

Multi-Family Home for sale in Long Beach, CA

for $985,000 with 5 bedrooms and 3 full baths. This 3,034 square foot home was built in 1922 on a lot size of 0.1336.

Terrific Property for an owner user or an investor looking to create some passive income. This is a great up and coming neighborhood. Great proximity to restaurants, shopping, schools, museums and the amazing Long Beach Pike. The front detached home has 2 bedrooms, 1 bath and is approximately 1,291 sq ft. The back units consist of a 2 bedroom, 1 bath unit that is approximately 969 sqft as well as a 1 bedroom, 1bath approximately 774 sq ft. The property has new plumbing, new windows and new garage doors. The front unit has been recently remodeled as well. The property has a large courtyard dividing the front and back units. Lots of potential with this beautiful Triplex!!

Multi-Family Active

Price

^$ 985,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.1336

Year Built

1922

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

DW24037329

Days on Market

Features

General

Sewer PublicSewer

Zoning LBR2N

Garage Spaces 4.0

Pool Features None

Year Built 1922

Tenant Pays Electricity Gas

Property SubType Triplex

Gross Income 6290.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 5740.0

Operating Expense 550.0

Insurance Expense 250.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Wrigley Heights (WH)

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Off of Pacific between Willow and PCH

City Long Beach

Entry Location 2

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area 5 - Wrigley Area

Lot Size Square Feet 5821.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 1

Street Name Locust

Listing Terms Cash CashtoNewLoan Item1031Exchange FHA

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 150.0

Water Sewer Expense 250.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 2

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 23

Total Actual Rent 6250.0

Property Sub Type Additional Triplex

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 4.0

Lot Size Area 5821.0

Number of Buildings 2

Spa N

Building Area Total 3034.0

Lot Size Acres 0.1336

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2223

* Excluded Features

List By

Nathan Mahoney, Broker

Broker

(424) 318-8522

Phone

Affordability Calculator

$6,881

Per Month

Monthly Principal & Interest: $6,881
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,090,646

Percent of Sale Price 112%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2024	$985,000		Listed Price

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2223 Locust Avenue, Long Beach, CA, 90806 is a Multi-Family Home for sale at $985,000 with 3,034 sqft and a lot size of 0.1336. 2223 Locust Avenue has 5 bedrooms, 3.0 baths, and was built in 1922. The property's zip code is 90806 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2223 Locust Avenue

Multi-Family Home for sale in Long Beach, CA

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