1013 Locust Avenue

1013 Locust Avenue

Long Beach, CA 90813

$1,725,000
Price
7
Beds
7
Baths
4,693 Sq. Ft.
$368 / Sq. Ft.
4,693
Sq. Ft.
$368
per Sq. Ft.
a front view of a house with a yard
a front view of a house with a yard and garage
a spacious bathroom with a sink and a mirror
a kitchen with appliances a counter space and a sink
a bathroom with a toilet sink and mirror
a view of an empty room with a window
a view of an empty room with a window and wooden floor
a view of an empty room with wooden floor and a window
a bathroom with a sink a toilet and bathtub
a bathroom with a double vanity sink a mirror and a shower
a bathroom with a sink a toilet and shower
a bathroom with a sink and a mirror
a view of a hallway
an empty room with wooden floor and windows
a view of wooden floor chandelier and windows in a room
a view of a room with wooden floor and window
a bathroom with a sink a toilet and shower
a bathroom with a shower sink and mirror
a view of an empty room with wooden floor fireplace and a window
a bathroom with double vanity and a mirror
an empty room with wooden floor fan and windows
a bathroom with a toilet and a sink
a view of a double vanity sink and a mirror in a room

Description

Huge price reduction for a quick sale! This is the multi-family you have been looking for...these units are spacious, beautifully remodeled and all have their own private laundry. The rear 4 unit has been remodeled from head to toe with refinished hardwood floors, designer colors, new bathrooms, upgraded plumbing, lovely vintage kitchens, new light fixtures, stainless appliances installed and all located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's...Huge price reduction for a quick sale! This is the multi-family you have been looking for...these units are spacious, beautifully remodeled and all have their own private laundry. The rear 4 unit has been remodeled from head to toe with refinished hardwood floors, designer colors, new bathrooms, upgraded plumbing, lovely vintage kitchens, new light fixtures, stainless appliances installed and all located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that offers soaring ceilings, original built ins, huge kitchen with solid surface counter tops, 2 bedroom and 1.5 baths with endless storage and private side yard! The duplex has a new roof installed and the rear 4 unit has had white coating for added heat prevention. There is a 1 stall detached garage that has preliminary approval for an ADU conversion, and the plans will be provided to the Buyer! Also, the very unique PD-30 zoning on this particular building could allow you to add multiple other units in the future! This property is truly turnkey and a must see! All photos are of the actual units after the remodel and before current tenants. All units are separately metered for gas and electric. Owner has identified another property and wants this sold, bring us an offer!
  1. Listed by Shawn Mohler • DRE #01910887 • Brokerage DRE #01910887 • The Mohler Real Estate Group • 562-505-7953

Property Details for 1013 Locust Avenue

Architectural Style
Bungalow
View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of The Mohler Real Estate Group, Shawn Mohler, DRE #01910887
Add your commute
LISTING UPDATED: 04/24/2024 10:09 PM

Property Details for 1013 Locust Avenue

StatusActive
MLS #PW23121157
Days on Market288
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
CountyLos Angeles County

Location

Listing Courtesy of The Mohler Real Estate Group, Shawn Mohler, DRE #01910887
Add your commute

Building Information for 1013 Locust Avenue

Building/Complex1013 Locust AveFloor-Stories2Residences-Pet Policy-Year Built1905Building Size-

Payment Calculator

$11,019 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,414

Property Taxes

$1,605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1013 Locust Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $150,880
  • Gross Scheduled Income: $155,880
  • Net Operating Income: $150,880
Expense Details
  • Operating Expense: $5,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,000
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $200
  • Total Expenses: $5,000
Tax / Assessment Info
  • Tax Tract Number: 21
  • Tax Census Tract: 5763.01
  • CFD/Mello-Roos Fee: $1,219
  • Tax Lot: 21
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Refrigerator
  • Equipment: Electric Dryer Hookup, Gas Dryer Hookup, Hookup - Electric, Inside, Refrigerator, Room
  • Interior Features: Ceiling Fan(s), Copper Plumbing Partial, Laminate Counters, Pantry, Stone Counters, Unfurnished
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Stone, Wood
Exterior Features
  • Roof: Composition, Rolled/Hot Mop
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None
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: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,025
  • Unit Type Total Rent: $2,025
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,995
  • Unit Type Total Rent: $1,995
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,025
  • Unit Type Total Rent: $2,025
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,975
  • Unit Type Total Rent: $1,995
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 1013 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 1013 Locust Avenue

Taxable ValueLand$940,000Additions$510,770Total$1,450,770
Tax Record2023$19,259 ($1,605 / month)
Home Facts
Total Finished SqFt4,693 SqFtAbove Grade Finished SqFt4,693 SqFtLot Size7,558 SqFtStyleMulti-Family Res (5+ Units)Year Built1905ZoningLBR4NCountyLOS ANGELESAPN7273-006-016

Schools near 1013 Locust Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Roosevelt Elementary School
Public - K to 5
Washington Middle School
Public - 6 to 8
Polytechnic High School
Public - 9 to 12
Renaissance High School For The Arts
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Renaissance High School For The Arts
Public9 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Downtown Long Beach

Neighborhoods

Cities

ZIPs

More information about 1013 Locust Avenue, Long Beach, CA 90813

1013 Locust Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on July 16, 2023 by The Mohler Real Estate Group, it's currently listed at $1,725,000. It has been on the market for a total of 288 days and was last sold on July 18, 2022. This listing's school district is Long Beach Unified School District. Nearby schools include Roosevelt Elementary School, Washington Middle School and Polytechnic High School. 1013 Locust Avenue is a 7-bed, 7-bath, 4,693 sqft multi-family home built in 1905.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Mohler Real Estate Group, Shawn Mohler, DRE #01910887

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.