945 Locust Avenue
Long Beach, CA 90813
- – beds
- – baths
- – sqft
- 7,521 sqft lot
- 1964 build
- – on site
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945 Locust Avenue is a 16-unit apartment property in Long Beach, California, adjacent to the vibrant East Village Arts District and Downtown. The controlled-access, all-electric, separately-metered building features two (2) 2BD / 2 BA units and fourteen (14) 2BD / 1 BA units. Seven (7) of the units are fully remodeled with new flooring, kitchens, stainless steel appliances, new bathrooms and modern fixtures and finishes. Double-pane windows are installed throughout the building for additional energy efficiency. An onsite laundry / storage room can provide extra income, and the eight (8) garages offer the opportunity for ADU conversion for additional rental income. 945 Locust Avenue is priced at 11.73 GRM and 5.39% cap rate at current rents.
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Last updated Nov 15, 2023
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MLS# PW23149053 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/14/23
Nov 14, 2023
|
Sold | CRMLS_CA | $3,900,000 | -6.0% |
|
9/1/23
Sep 1, 2023
|
Pending | CRMLS_CA | $4,150,000 | |
|
8/16/23
Aug 16, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $4,150,000 |