2223 Locust Avenue, Long Beach, California 90806, Long Beach, 90806 - bed, bath
ACTIVE$995,000
2223 Locust Avenue, Long Beach, California 90806
0Bed
0Bath
3,034Sqft
5,821Lot
Year Built
1922
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$328
HOA
-
Days on market
-
Sold On
-
MLS number
DW25054836
Home ConditionGood
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $995.0K(56th), sqft - 3034(75th), beds - undefined(50th), baths - undefined(50th).
Amazing opportunity in Wrigley! This fully remodeled 3-unit property is listed at $995,000. Just minutes from the beach, it’s perfect for Airbnb with higher rental potential. The property is turn key and includes 4 single-car garages for secure parking or extra income. Separate meters to keep maintenance low. With potential for future development or ADU conversion, this property is a must-see. Don’t miss out—deals like this go fast! All units have been occupied as of March 18 2025.
Nearby schools
5/10
Burnett Elementary School
Public,•K-5•0.3mi
8/10
Lafayette Elementary School
Public,•K-5•0.4mi
6/10
Birney Elementary School
Public,•K-5•1.1mi
8/10
Los Cerritos Elementary School
Public,•K-5•2.1mi
6/10
Robinson Academy
Public,•K-8•0.6mi
6/10
Washington Middle School
Public,•6-8•0.9mi
7/10
Hughes Middle School
Public,•6-8•2.1mi
6/10
Polytechnic High School
Public,•9-12•0.8mi
3/10
Cabrillo High School
Public,•9-12•1.4mi
Price History
Date
Event
Price
01/14/22
Sold
$760,500
01/13/22
Sold
$739,000
07/24/07
Sold
$650,000
06/13/02
Sold
$195,000
01/12/00
Sold
$280,000
Condition Rating
Good
The property, built in 1922, has been fully remodeled. The images show updated kitchens and bathrooms with modern finishes. While the building is older, the recent remodel suggests well-maintained systems and updated components, making it move-in ready.
Pros & Cons
Pros
Income Potential: The property is a fully remodeled triplex, offering immediate rental income potential, especially with its proximity to the beach and potential for Airbnb.
Parking & Separate Meters: Includes four single-car garages for secure parking or additional income, and separate meters for each unit, reducing maintenance costs.
Development Potential: Offers potential for future development or ADU conversion, increasing long-term value.
Cons
Age of Property: Built in 1922, the property may require ongoing maintenance and potential upgrades due to its age.
Market Competition: The Wrigley Area is a desirable location, so there may be competition from other investors looking for similar properties.