1640 Locust Avenue

Long Beach, CA 90813
$1,875,000
This property has assumable financing at a great rate, value add, low rents, large unit mix, performing tenants, and a motivated seller who is open to carry the loan/seller finance the deal. Furthermore, is not contingent upon finding a replacement property. That is the difference from what you see onRead MoreRead Less
Property listed by eXp Realty of Greater L.A, Aaron Soliz 562-201-3612
Listing Snapshot
Days Online
110
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1924
MLS Number
DW25065291
30 Days Snapshot Of 90813
$546k
-8%
(avg) sold price
6
+50%
homes sold
151
+93%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1924, Building area total: 6,295, Levels: Two, 2 stories, 4 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
StormDrains, StreetLights, Sidewalks
Income
Gross income: $14,088, Net operating income: $125,236
Laundry
None
Lot
0.1704 acres, 7,423 square feet, Size: 7,423, SixToTenUnitsAcre
Parking
None
Pool
None
Property
Zoning: LBPD29
Sewer
PublicSewer
Tenant Pays
SeeRemarks
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Monthly Payment
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Tina Burke
Realtor / CALDRE #01838777
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.