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1775 Locust Avenue
USD 2,275,000
Property ID: 25543763
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1775 Locust Avenue ,90813
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icon 7509 SqFt
icon Built in 1962
icon USD 303/SqFt
icon 19 Beds
icon 9 Full
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Location
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Interior Details
Bedrooms
19
Bathrooms
9
Interior Size
7176
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1962
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Detailed Introduction Of This Home
PRICED TO SELL. 9.9 GRM and 6.3% CAP with upside to a 7.5% CAP. 9 units in Long Beach. Excellent unit mix for the area. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). 4 garages in the rear. On-site laundry. A number of units here are rented to Section 8 and Housing Programs - rents could easily be increased based on Payment Standards for the 90813 zip code. The 4 garages in rear could potentially be converted to ADU's - Buyer to verify. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1775 Locust Avenue
USD 2,275,000 19 Beds
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