2223 Locust Avenue

Long Beach, CA 90806

$1,025,000
Price
5
Beds
3
Baths
3,034 Sq. Ft.
$338 / Sq. Ft.
3,034
Sq. Ft.
$338
per Sq. Ft.

Description

Discover the Perfect Investment: A Charming Tri-Plex in the Heart of the City. Imagine the possibilities as you step into a property that seamlessly blends comfort, convenience, and potential. Whether you’re an investor eager to expand your portfolio or a homeowner looking for rental income, this tri-plex offers a treasure trove of opportunities. Unit 1: Offers spacious 2-bedroom, 1-bathroom. The living area invites you with ample natural light pouring through large windows, creating a warm and inviting...Discover the Perfect Investment: A Charming Tri-Plex in the Heart of the City. Imagine the possibilities as you step into a property that seamlessly blends comfort, convenience, and potential. Whether you’re an investor eager to expand your portfolio or a homeowner looking for rental income, this tri-plex offers a treasure trove of opportunities. Unit 1: Offers spacious 2-bedroom, 1-bathroom. The living area invites you with ample natural light pouring through large windows, creating a warm and inviting atmosphere. Comfortable bedrooms provide a restful retreat, while the well-appointed bathroom
Unit 2: The second unit mirrors the first, offering the same generous space and thoughtful design. Imagine tenants enjoying the same comforts and conveniences, making these units a highly attractive rental opportunity. Unit 3: Tucked away, the cozy 1-bedroom, 1-bathroom unit is perfect for singles or couples seeking a charming living space. The setting is a functional and efficient kitchen, a peaceful bedroom, and a contemporary bathroom. A shared backyard extends an invitation for relaxation and recreation. Imagine tenants enjoying sunny afternoons in this tranquil outdoor space. Plus, on-site garage parking offers convenience for all residents. The tri-plex is perfectly situated in a vibrant neighborhood. Local shops, restaurants, parks, and public transportation are all within walking distance. Imagine the steady rental income and long-term appreciation this tri-plex can bring. With two spacious 2-bedroom units and one charming 1-bedroom unit, the property is versatile and appealing to a wide range of tenants. Whether you choose to rent out all three units or live in one while renting the others, the flexibility and financial benefits are undeniable. Don't miss out on this exceptional investment opportunity. This tri-plex is more than just a property; it’s a chance to secure a prime real estate asset in a thriving community.
  1. Listed by Trinidad Gaeta • DRE #01194324 • Brokerage DRE #01526842 • Re/Max Top Producers • 626-552-8637
  2. Listed by Matthew Reyes • DRE #02177202 • Brokerage DRE #02072854 • Top Producers Realty Partners

Property Details for 2223 Locust Avenue

Architectural Style
Traditional
View
Peek-A-Boo
Parking Spaces Total
8
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 11/21/2024 03:09 AM

Property Details for 2223 Locust Avenue

StatusActive
MLS #TR24158802
Days on Market107
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.13 AC / 5,821 SF
CountyLos Angeles County

Building Information for 2223 Locust Avenue

Stories1Residences-Year Built1922Building Size-Lot Size0.13 AC / 5,821 SF

Property Information for 2223 Locust Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $88,800
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $84,360
  • Net Operating Income: $67,985
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Current Financing: Private
Expense Details
  • Operating Expense: $16,375
  • New Taxes Expense: $13,750
  • Insurance Expense: $2,000
  • Trash Expense: $0
  • Water Sewer Expense: $3,600
  • Total Expenses: $19,350
Tax / Assessment Info
  • Tax Tract Number: 11934
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 23
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: In Kitchen, None
  • Room Type: All Bedrooms Down, Living Room
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Drywall Walls, Frame, Stucco, Wood Siding
  • Exterior Construction: Frame, Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Roof: Composition, Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
  • View Description: Peek-A-Boo
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Level with Street, Rectangular Lot, Near Public Transit, Yard
  • Direction Faces: South
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Sewer Assessments
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage, Garage Faces Rear
Property / Structure Info
  • Builders Tract Name: Wrigley Area
  • Builders Tract Code: Wrigley Area (WR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $20,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Wall AC: 3

Property History for 2223 Locust Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2223 Locust Avenue

Taxable ValueLand$374,544Additions$499,392Total$873,936
Tax Record2024$11,563 ($964 / month)
Home Facts
Total Finished SqFt3,034 SqFtAbove Grade Finished SqFt3,034 SqFtLot Size5,850 SqFtStyleTriplexYear Built1922ZoningLBR2NCountyLOS ANGELESAPN7208-024-026

Schools near 2223 Locust Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Robinson Academy
PublicK to 8

Polytechnic High School
Public9 to 12

Educational Partnership High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2223 Locust Avenue is a multi-family home for sale in Long Beach, CA 90806. This property was listed for sale on August 8, 2024 by Re/Max Top Producers, it's currently listed at $1,025,000. It has been on the market for a total of 107 days and was last sold on January 14, 2022. This listing's school district is Long Beach Unified School District. Nearby schools include Robinson Academy, Polytechnic High School and Educational Partnership High School. 2223 Locust Avenue is a 5-bed, 3-bath, 3,034 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Top Producers, Trinidad Gaeta, DRE #01194324; Top Producers Realty Partners, Matthew Reyes, DRE #02177202

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.