$1,625,000
$1,695,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
2326 Locust AVE Long Beach, CA 90806
Key Details
Sold Price $1,625,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Wrigley Area (Wr)
MLS Listing ID OC16182710
Sold Date 01/19/17
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1964
Annual Tax Amount $8,981
Tax Year 2015
Property Description
This is a truly unique opportunity to own an income-producing asset that you can be proud to have in your portfolio. A different standard of quality in design, construction, and management than anything you have seen in the City of Long Beach. The entire building was completely gutted and re-imagined with a clean, modern flair, then re-constructed with painstaking care and true craftsmanship. All rents are ACTUAL, residents were screened to a rigorous standard for credit, employment, and payment history and signed to a minimum lease term of 1 year. Features including drought-tolerant landscaping with drip irrigation, tankless house water heater, new CA Energy Code compliant windows and LED lighting throughout demonstrate a commitment to energy efficiency and low-maintenance. Separately metered for gas & electricity, 8 on-site parking spaces, laundry room with (2) coin-operated washers & dryers, irrigation & exterior lighting on timers.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Zoning LBPD29
Interior
Interior Features Stone Counters, Wired for Data
Heating Wall Furnace
Cooling None
Flooring Laminate, Wood
Fireplaces Type None
Fireplace No
Appliance Electric Range, Disposal, Gas Water Heater, Refrigerator, Range Hood, Vented Exhaust Fan
Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Stacked
Exterior
Parking Features Assigned, Concrete, Door-Multi, Door-Single, Garage Faces Front, Garage, On Site, Community Structure, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban, Gated
Utilities Available Cable Available, Natural Gas Available, Sewer Connected
Accessibility None
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre, Garden, Near Public Transit
Story 2
Entry Level Two
Foundation Slab
Water Public
Architectural Style Modern
Level or Stories Two
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7208014018
Security Features Carbon Monoxide Detector(s),Fire Rated Drywall,Gated Community,Smoke Detector(s),Security Lights
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with VICTOR MENDIOLA • INTERO REAL ESTATE SERVICES