64
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$1,875,000
Est. payment /mo
7,356 Sqft Lot
Active
1025 Locust AVE Long Beach, CA 90813
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25270914
Style Cape Cod
Year Built 1923
Lot Size 7,356 Sqft
Source California Regional MLS
Property Description
Don't miss this rare opportunity to own a turnkey Downtown Cash Cow! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city's fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street's Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture - boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. "Pride of Ownership" is evident. Recent interior upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. Recent exterior upgrades include: New common area plank flooring, New landscaping, exterior paint and trim, new garage/auto door, and concrete driv
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Rooms
Kitchen Microwave, Other, Oven Range - Gas, Refrigerator, Oven - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry None
Exterior
Garage Spaces 4.0
Pool None
View Local/Neighborhood
Roof Type Flat / Low Pitch,Composition
Building
Foundation Raised
Water District - Public
Architectural Style Cape Cod
Others
Tax ID 7273006014
Special Listing Condition Not Applicable
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