About 2161 Locust Avenue
7.69% Cap Rate! With Still An Opportunity To Grow. Add This High Performing Multi Family Property To Your Investment Portfolio. With (3) 1 Bedroom 1 Bath, (1) 2 Bedroom 1 Bath and (1) 2 Bedroom 2 Bath Units. Along With 5 Single Garages With Alley Access. Makes It Convenient For Tenants To Come And Go. Coin Operated Laundry. Many Upgrades Have Been Done To The Property With A Newer Roof, Upgraded Electrical Panel And Upgrades Inside The Units. The Property Also Has A Long Driveway For Additional Parking. Centrally Located To Metro Blue Line, 710 Freeway, Shopping, Restaurants And Much More. You're Not Going To Want To Miss Out On This Golden Opportunity.
Features of 2161 Locust Avenue
| MLS® # | PW25181559 |
|---|---|
| Price | $1,170,000 |
| Sold Price | $1,135,000 |
| Bathrooms | 0.00 |
| Lot Sqft | 6,263 |
| Acres | 0.14 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Closed |
| # Of Units | 5 |
Community Information
| Address | 2161 Locust Avenue |
|---|---|
| Area | 5 - Wrigley Area |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90806 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | TwoToFiveUnitsAcre |
|---|---|
| Roof | Shingle |
Additional Information
| Date Listed | August 12th, 2025 |
|---|---|
| Date Sold | September 26th, 2025 |
| Days on Market | 4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jorge Mora |
|---|---|
| Office | Keller Williams Pacific Estate |