Multifamily
2137 Locust Ave
2137 Locust Ave, Long Beach, CA 90806
Listing Price: $1,200,000
Investment Overview
We pleased to present 2137 Locust Avenue, a 4-unit investment property in Long Beach, California. The property is located between Pacific Avenue and Long Beach Boulevard just minutes from Downtown Long Beach. This area is a solid majority-renter market with low vacancy rates. 2137 Locust Avenue consists of one 3 bedroom 1 bathroom unit and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers two single car garages. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Investment Highlights
- Fully Renovated With No Details Overlooked
- Excellent Yield with Upside
- Charming Floor Plans
- Poised for Long Term Growth
- 6% ProForma Cap Rate
Exclusively Listed By
Financing By
Listing Price: $1,200,000
Investment Highlights
- Fully Renovated With No Details Overlooked
- Excellent Yield with Upside
- Charming Floor Plans
- Poised for Long Term Growth
- 6% ProForma Cap Rate
Investment Overview
We pleased to present 2137 Locust Avenue, a 4-unit investment property in Long Beach, California. The property is located between Pacific Avenue and Long Beach Boulevard just minutes from Downtown Long Beach. This area is a solid majority-renter market with low vacancy rates. 2137 Locust Avenue consists of one 3 bedroom 1 bathroom unit and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers two single car garages. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Exclusively Listed By
Financing By

