2223 Locust Avenue

Long Beach, CA 90806

$985,000
Price
5
Beds
3
Baths
3,034 Sq. Ft.
$325 / Sq. Ft.
3,034
Sq. Ft.
$325
per Sq. Ft.

Description

Terrific Property for an owner user or an investor looking to create some passive income. This is a great up and coming neighborhood. Great proximity to restaurants, shopping, schools, museums and the amazing Long Beach Pike. The front detached home has 2 bedrooms, 1 bath and is approximately 1,291 sq ft. The back units consist of a 2 bedroom, 1 bath unit that is approximately 969 sqft as well as a 1 bedroom, 1bath approximately 774 sq ft. The property has new plumbing, new windows and new garage...Terrific Property for an owner user or an investor looking to create some passive income. This is a great up and coming neighborhood. Great proximity to restaurants, shopping, schools, museums and the amazing Long Beach Pike. The front detached home has 2 bedrooms, 1 bath and is approximately 1,291 sq ft. The back units consist of a 2 bedroom, 1 bath unit that is approximately 969 sqft as well as a 1 bedroom, 1bath approximately 774 sq ft. The property has new plumbing, new windows and new garage doors. The front unit has been recently remodeled as well. The property has a large courtyard dividing the front and back units. Lots of potential with this beautiful Triplex!
  1. Listed by Nathan Mahoney • DRE #01390111 • Brokerage DRE #01390111 • Nathan Mahoney, Broker • 424-318-8522

Property Details for 2223 Locust Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3034
Assessor Parcel Number
7208-024-026
Property Attached YN
true

Location

Listing Courtesy of Nathan Mahoney, Broker, Nathan Mahoney, DRE #01390111
Add your commute
LISTING UPDATED: 03/13/2024 04:32 AM

Property Details for 2223 Locust Avenue

StatusActive
MLS #DW24037329
Days on Market49
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

Location

Listing Courtesy of Nathan Mahoney, Broker, Nathan Mahoney, DRE #01390111
Add your commute

Building Information for 2223 Locust Avenue

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

Payment Calculator

$6,323 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,376

Property Taxes

$947

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2223 Locust Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $6,290
  • Gross Scheduled Income: $75,480
  • Net Operating Income: $5,740
Expense Details
  • Operating Expense: $550
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $250
  • Trash Expense: $150
  • Water Sewer Expense: $250
  • Total Expenses: $650
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: 0
  • Tax Census Tract: 5731.01
  • CFD/Mello-Roos Fee: $708
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 2
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Wrigley Heights
  • Builders Tract Code: Wrigley Heights (WH)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,595
  • Unit Type Total Rent: $2,595
  • Unit Type Pro Forma: 2595
  • 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: $2,595
  • Unit Type Total Rent: $2,595
  • Unit Type Pro Forma: 2595
  • 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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

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$367,200Additions$489,600Total$856,800
Tax Record2023$11,369 ($947 / 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.

Similar Homes

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Similar Sold Homes

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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 February 22, 2024 by Nathan Mahoney, Broker, it's currently listed at $985,000. It has been on the market for a total of 49 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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nathan Mahoney, Broker, Nathan Mahoney, DRE #01390111

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.