#SB24250411, Cameron Samimi, Listing Office: Lyon Stahl Investment Real Estate, Inc.
$10,000
closing credit¹
1013 Locust Ave Long Beach, CA 90813
Property details
About 1013 Locust Ave
This is the high cash flow turn key multi-family you have been looking for! Every one of these units have been beautifully remodeled and all have their own private laundry! The rear building has had extensive updates and consist of 4 units offering refinished hardwood floors in some units while others have new water resistant laminate. Other upgrade includes new bathrooms, upgraded plumbing, lovely updated vintage kitchens loads of storage, mud rooms with rear exits and each with their own private laundry hook ups, new light fixtures, stainless appliances installed and much more! All located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that is absolutely incredible!! Offering soaring coved ceilings, stunning formal dining room with grand bay window and original huge with pocket doors! The gigantic formal living/family room has to bee seen with faux fireplace with all original built in book shelves. There is even a grand formal entry, gorgeous kitchen that is stunning to say the least with solid surface counter tops, amazing light fixtures offering many new upgrades but some original built-in cabinets remain. There are 2 bedrooms one leading out to a really cool private side patio exclusive to the unit and the other bedroom is on the second floor with an enormous walk in closet with access to an huge attic space and 1.5 baths total! The main floor bathroom is enormous and has been fully remodeled. The duplex has a new roof installed and the rear 4 unit has had white coating with a 5 year warranty for added heat prevention. There is a 1 stall detached garage currently used as storage that has the preliminary approval for an ADU conversion, and the finished plans will be provided to the Buyer! Also, the very unique PD-30 zoning on this particular property could allow you to possibly add MANY more units in the future! (Buyer to verify independently) Truly the possibilities are endless or keep it as it is making great cash flow! All units are separately metered for gas and electric. (All photos were taken after remodel and before tenants moved in, condition may vary)
Highlights
Summary
- MLS Number: PW24110123
- MLS Name: CRMLS
- Office Name: The Mohler Real Estate Group
- Office Phone: (562) 505-7953
- Listing Agent: Shawn Mohler
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 2/1/2025, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,675,000
1013 Locust Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 18, 2022 | Home Sold | $1,450,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,479,770 | $19,591 |
2023 | $1,450,770 | $19,258 |
2022 | $1,235,233 | $15,907 |
2021 | $1,122,269 | $14,468 |
2020 | $312,550 | $4,802 |
2019 | $306,423 | $4,617 |
2018 | $300,415 | $4,568 |
2017 | $294,525 | $4,568 |
History based on county public records data.
Nearby schools
5
Oropeza Elementary School
Public District KG-5
0.2 mi
•700 Locust Ave
6
Roosevelt Elementary School
Public District KG-5
0.6 mi
•1574 Linden Ave
5
Robert Louis Stevenson Elementary School
Public District KG-5
0.6 mi
•515 Lime Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,205. The most common annual income of people living in Long Beach, CA is less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1013 Locust Ave
This home is located at 1013 Locust Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 1, 2024 and is currently priced at $1,675,000.
In December 2024, from all listings sold in Long Beach, CA there were more than 60 sold above asking price, over 58 sold below and more than 30 were sold right at the asked price. The inventory of homes for sale in Long Beach, CA between November and December 2024 decreased by 12%. In December 2024 median list price was $824,872 and the average listing age was 37 days.