7.69% Cap Rate! With Still An Opportunity To Grow. Add This High Performing Multi Family Property To Your Investment Portfolio. With (3) 1 Bedroom 1 Bath, (1) 2 Bedroom 1 Bath and (1) 2 Bedroom 2 Bath Units. Along With 5 Single Garages With Alley Access. Makes It Convenient For Tenants To Come And Go. Coin Operated Laundry. Many Upgrades Have Been Done To The Property With A Newer Roof, Upgraded Electrical Panel And Upgrades Inside The Units. The Property Also Has A Long Driveway For Additional Parking. Centrally Located To Metro Blue Line, 710 Freeway, Shopping, Restaurants And Much More. You’re Not Going To Want To Miss Out On This Golden Opportunity.
Property Details
Price:
$1,170,000
MLS #:
PW25181530
Status:
Active Under Contract
Baths:
0
Address:
2161 Locust Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
City:
Long Beach
Listed Date:
Aug 12, 2025
State:
CA
ZIP:
90806
Lot Size:
6,263 sqft / 0.14 acres (approx)
Year Built:
1920
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Interior
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Central
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Exterior
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Sidewalks
Parking Features
Garage
Parking Spots
10.00
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Community
- Address2161 Locust Avenue Long Beach CA
- Area5 – Wrigley Area
- SubdivisionWrigley Area (WR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
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2161 Locust Avenue
Long Beach, CA
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