2326 Locust Ave
Long Beach, CA 90806

Bd   — Ba   5,534 Sqft
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.
  • Neighborhood: Southeast Wrigley
  • Days on Movoto: 154
  • Year Built: 1964
  • HOA:
  • $/Sqft: $294
  • Lot: 5,770 Sqft
  • Property Type: Multi Family
  • MLS#: OC16182710
  • MLS:
  • Listing Office: The Long Beach Company
  • Listed By: Tim Stuart
  • Movoto last checked CRMLS for new data 6 hours ago
  • CRMLS last updated this listing 3 months ago
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Property History

Status
Date
Price
Sold
Jan 19, 2017
$1,625,000
Pending
Jan 8, 2017
Price Change
Dec 7, 2016
$1,695,000
Listed
Aug 18, 2016
$1,750,000
#OC16182710
Sold
Jan 31, 2014
$695,000
Listed
Oct 8, 2013
$725,000
#PW13206489
As of today, there are 18 properties listed for sale in ZIP code 90806 and 428 properties listed for sale in the city of Long Beach, CA. This property at 2326 Locust Ave in 90806 was last listed for $1,625,000. This is 181% above the current $579,000 median price for Long Beach and 225% above the median of $499,999 for 90806. Of the 428 properties for sale in Long Beach, 259 are single family homes and 169 are condos. 2326 Locust Ave is a multi family home that is approximately 5,534 square feet, 319% above the Long Beach median of 1,320 and 276% above the 90806 ZIP code median of 1,472. The price per Sqft was $294 which is 17% below the current median price in 90806 of $355 and 34% below the Long Beach median of $444 per square foot.
Built in 1964, this multi family house at 2326 Locust Ave, Long Beach CA, 90806 is approximately 5,534 square feet and comes with 8 parking spots. It was last listed with a cost per Sqft of $294. 2326 Locust Ave is located in the Southeast Wrigley neighborhood in the Long Beach Unified School District. The closest school is Robinson Academy.

2326 Locust Ave, Long Beach CA, 90806 was on the market for 154 days. The median days on the market for properties in this area is 29 with a median list price of $579,000 and median cost per square foot of $444. Its current status is sold under the MLS #OC16182710.

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