Long Beach, CA 90806,2326 Locust AVE

$1,625,000

Est. payment /mo

$1,695,000

4.1%
Est.Price: ?

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2326 Locust AVE Long Beach, CA 90806

SOLD DATE : 01/19/2017

Key Details

Sold Price $1,625,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID OC16182710

Sold Date 01/19/17

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1964

Annual Tax Amount $8,981

Tax Year 2015

Property Description

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.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBPD29

Interior

Interior Features Stone Counters, Wired for Data

Heating Wall Furnace

Cooling None

Flooring Laminate, Wood

Fireplaces Type None

Fireplace No

Appliance Electric Range, Disposal, Gas Water Heater, Refrigerator, Range Hood, Vented Exhaust Fan

Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Stacked

Exterior

Parking Features Assigned, Concrete, Door-Multi, Door-Single, Garage Faces Front, Garage, On Site, Community Structure, Uncovered

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban, Gated

Utilities Available Cable Available, Natural Gas Available, Sewer Connected

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre, Garden, Near Public Transit

Story 2

Entry Level Two

Foundation Slab

Water Public

Architectural Style Modern

Level or Stories Two

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7208014018

Security Features Carbon Monoxide Detector(s),Fire Rated Drywall,Gated Community,Smoke Detector(s),Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tim Stuart • The Long Beach Company
Bought with VICTOR MENDIOLA • INTERO REAL ESTATE SERVICES

Trevor Smith

Real Estate Broker | License ID: DRE 01700986

+1(858) 539-9999

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