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1564 Locust

Long Beach, CA 90813
Active
Multifamily
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Property listed by Circle Real Estate, Javier Alvarez 562-318-4021
$1,125,000
This well-maintained 4-unit income property presents a strong opportunity for investors seeking stable, long-term rental income. The building features four units with functional layouts that provide comfortable living spaces and consistent tenant appeal. The property is currently occupied by some long-term tenants and tenants within the last three years, offering immediate… Read MoreRead Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.07 Acres
Year Built
1963
MLS Number
PW26065029
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet
Building
Built in 1963, 1 building, Building faces West, 2 stories, Levels: Two, Entry level: 2, Entry location: Front, Construction Materials: CopperPlumbing
Community
Biking, Curbs, Gutters, Sidewalks
Cooling
None
Expenses
Electric: $2,592, Fuel: $655.68, Gardener: $720, Insurance: $1,200, Operating: $11,325, Trash: $200, Water/Sewer: $1,514.7
Fence
WroughtIron
Fireplaces
None
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $91,200, Gross ScheduledIncome: $91,200, Net Operating Income: $75,314.3
Laundry
None
Lot
0.0691 acres, Walkstreet
Parking
None
Pool
None
Roof
Flat
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7269017033, Lot: 10
Utilities
CableAvailable, ElectricityNotAvailable, PhoneAvailable, SewerAvailable, WaterAvailable, Water Source: Public, Standard, 4 separate electric meters, 4 separate gas meters, 4 separate water meters
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Laura Grabher
Listing Specialist
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Schools In The Area

Check out nearby schools with ratings and contact info.
Roosevelt Elementary School 562-599-3418 Public KG-5
Washington Middle School 562-591-2434 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12
Roosevelt Elementary School 562-599-3418 Public KG-5
Roosevelt Elementary School 562-599-3418 Public KG-5
Washington Middle School 562-591-2434 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

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.