$1,175,000
$1,275,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
1415 Locust AVE Long Beach, CA 90813
3,772 Sqft Lot
Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW24071757
Sold Date 07/26/24
Construction Status Repairs Cosmetic,Updated/Remodeled
HOA Y/N No
Year Built 1929
Lot Size 3,772 Sqft
Property Description
Rent increases of 8.8% (max allowed) have been issued; unit analysis has been updated to reflect. 1929 Spanish 4 plex with long term tenants. 2 buildings, each with 2 units, separated by a courtyard. Configuration of each unit is as follows: #1415 (Bottom Left) and #1417 (Top Left): Both each have 2 bedrooms + 1 bath . 1415 has a laundry room, 1417 has a utility room. / #1419 (Bottom right): 2 bedrooms + 1 bath + laundry room/ #1421 (Upper Right, sits over the 3-car garage): 4 bedroom + bonus room + laundry room. 3 units have access to one garage each. Property has been maintained and in many ways updated. Exterior Recently Painted. Updated Electric Panel. Newer Garbage Disposals and Water Heaters in 2 units.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Interior
Interior Features Ceiling Fan(s)
Flooring Laminate, Tile
Equipment Air Purifier
Fireplace No
Laundry Inside
Exterior
Exterior Feature Lighting
Parking Features Door-Single, Garage, Other, Garage Faces Side
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre, Near Public Transit
Faces East
Story 2
Sewer Public Sewer
Water Public
New Construction No
Construction Status Repairs Cosmetic,Updated/Remodeled
Others
Senior Community No
Tax ID 7269013025
Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Trade
Special Listing Condition Standard, Trust
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Bought with Alberto Aguilera • Downtown, REALTORS