1922 Locust – ApartmentBuildings.Com

1922 Locust

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Address: 1922 Locust Ave, Long Beach, CA 90806, USA
Created date: November 7, 2024
Date last updated: November 14, 2024

Property Description

Eight One Bedroom Apartments located in the Wrigley Area of Long Beach, less than two miles from the Ocean, and just north of the massive renovation of downtown Long Beach. Five units are renovated and left vacant for the next owner to decide tenant makeup and lease amounts.

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $1,650,000
No. of Units: 8
Cap Rate: 6.17%
GRM /GIM: 10.65
Year Built: 1946
Building Size: 4,732 Sq ft
Lot Size: 4,500.00 Sq ft
No. of Stories: 2
Opportunity Zone: No
Price per unit: $206,250
Address: 1922 Locust Ave, Long Beach, CA 90806, USA

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