1922 Locust,
Long Beach, CA 90806
在售房 $1,700,000 ($170万)
卧室: -- 浴室: -- / 其他类型
房屋信息

其他类型

4500 平方英尺
(418平方米)

1946 年

2

2026年05月19日
已上市 33 天

地产编号: SB26104278
所处郡县: LA
面积单价:$359.26/sq.ft ($3,867 / 平方米)
车位类型:NO
房屋简介

We are proud to present 1922 Locust Avenue, an 8-unit apartment building located in the South Wrigley submarket of Long Beach. This asset is currently operating at a 7.25% Cap Rate and a 9.59 GRM! Priced at just $212k/unit, this investment offers a compelling mix of immediate cash flow and long-term upside in a rapidly developing market. The property is comprised of (8) 1-Bed/1-Bath units, with five recently remodeled. Three units are currently vacant and rent-ready, offering the perfect opportunity for an owner-user or investor to quickly add value. Situated just outside the booming Downtown Long Beach core, 1922 Locust Ave is primed to benefit from over $6 Billion in local investment, including transformational projects like the Long Beach Civic Center, Queen Mary Island, CSULB Downtown Village, Broadway Block, and the Ocean Aire Development.

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