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Under contract
  • Listing Provided by: 

    Shawn Mohler DRE #01910887 562-505-7953,

    The Mohler Real Estate Group

    $1,675,000

    1013 Locust Ave, Long Beach, CA 90813

    7beds
    7baths
    4,693sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $357/sqft
    $-- HOA

    What's special

    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)
    249 days
    on Zillow
    |
    23
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 19, 2025 at 07:41am

    Listing Provided by:

    Shawn Mohler DRE #01910887 562-505-7953,

    The Mohler Real Estate Group

    Source: CRMLS,MLS#: PW24110123MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    Bedroom 1
    • Area: 900
    Bedroom 2
    • Area: 1200
    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room, Inside
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,693
    • Total interior livable area: 4,693 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    • Garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,526 Square Feet
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 7273006016
    • Zoning: LBR4N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Turnkey,Updated/Remodeled
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Storm Drains, Street Lights
    • Subdivision: Downtown (DT)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $357/sqft
    • Tax assessed value: $1,479,770
    • Annual tax amount: $19,592
    • Date on market: 5/31/2024
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