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1415 Locust Avenue Long Beach, CA $ 1,275,000
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1415 Locust Avenue
$ 1,275,000
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1415 Locust Avenue

Long Beach, CA, 90813
$ 1,275,000
Bedrooms12 Baths5.0 Sq 3,833

Monthly Estimate*

$ 8,474

Listed by Y Realty
1415 Locust Avenue, Long Beach, CA 90813 - Image 1
1415 Locust Avenue, Long Beach, CA 90813 - Image 2
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1415 Locust Avenue, Long Beach, CA 90813 - Image 4
1415 Locust Avenue, Long Beach, CA 90813 - Image 5
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1415 Locust Avenue, Long Beach, CA 90813 - Image 7
1415 Locust Avenue, Long Beach, CA 90813 - Image 8
1415 Locust Avenue, Long Beach, CA 90813 - Image 9
1415 Locust Avenue, Long Beach, CA 90813 - Image 10
1415 Locust Avenue, Long Beach, CA 90813 - Image 11
1415 Locust Avenue, Long Beach, CA 90813 - Image 12
1415 Locust Avenue, Long Beach, CA 90813 - Image 13
1415 Locust Avenue, Long Beach, CA 90813 - Image 14
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1415 Locust Avenue, Long Beach, CA 90813 - Image 17
1415 Locust Avenue, Long Beach, CA 90813 - Image 18
1415 Locust Avenue, Long Beach, CA 90813 - Image 19

Multi-Family Home for sale in Long Beach, CA

for $1,275,000 with 12 bedrooms and 5 full baths. This 3,833 square foot home was built in 1929 on a lot size of 0.0866.

1929 Spanish 4 plex with long term tenants. 2 buildings, each with 2 units, separated by a courtyard. Configuration of each unit is as follows: #1415 (Bottom Left) and #1417 (Top Left): Both each have 2 bedrooms + 1 bath . 1415 has a laundry room, 1417 has a utility room. / #1419 (Bottom right): 2 bedrooms + 1 bath + laundry room/ #1421 (Upper Right, sits over the 3-car garage): 4 bedroom + bonus room + laundry room. 3 units have access to one garage each. Property has been maintained and in many ways updated. Exterior Recently Painted. Updated Electric Panel. Newer Garbage Disposals and Water Heaters in 2 units.

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Multi-Family Active

Price

$ 1,275,000

Bedrooms

12

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.0866

Year Built

1929

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24071757

Days on Market

15
Features
General
Interior Features CeilingFans
Sewer PublicSewer
Possession CloseOfEscrow
Exterior Features Lighting
Zoning LBR4R
Garage Spaces 3.0
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors SecurityLights
Construction Materials Plaster Stucco
Year Built 1929
Tenant Pays CableTV Electricity Gas Telephone
Property SubType Quadruplex
Gross Income 89736.0
Community Features Curbs StreetLights Sidewalks Urban
County Los Angeles
Net Operating Income 69736.0
Operating Expense 20000.0
Insurance Expense 2873.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Downtown (DT)
Facing Direction East
Garage Y/N Y
Special Listing Conditions Standard Trust
Status Active
Directions in off Long Beach Blvd at 14th St
City Long Beach
Entry Location front
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 4
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units SquareFeet
Lot Size Square Feet 3774.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 4
Street Name Locust
Listing Terms CashtoNewLoan Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Property Condition RepairsCosmetic UpdatedRemodeled
Trash Expense 0.0
Walk Score 89
Water Sewer Expense 1200.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 12
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Total Actual Rent 6875.0
Property Sub Type Additional Quadruplex
Taxes 15938.0
Cap Rate 5.4
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Interior
Flooring Laminate Tile
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Window Features DoublePaneWindows
Fireplace Y/N N
Street Suffix Avenue
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features DoorSingle Garage Other GarageFacesSide
Lot Features Item25UnitsAcre NearPublicTransit
Water Source Public
Total Parking 3.0
Lot Size Area 3774.0
Number of Buildings 2
Spa N
Building Area Total 3833.0
Lot Size Acres 0.0866
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Other Equipment AirPurifier
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1415
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* Excluded Features
List By
Y Realty

Broker

(877) 976-5348

Phone

Affordability Calculator

$8,474
Per Month
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Monthly Principal & Interest
$8,474
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Default based on a 30-year fixed rate of 6.99% 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
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2024$1,275,000 Listed Price

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1415 Locust Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,275,000 with 3,833 sqft and a lot size of 0.0866. 1415 Locust Avenue has 12 bedrooms, 5.0 baths, and was built in 1929. The property's zip code is 90813 which is in Long Beach, CA

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