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2321 Locust Avenue, Long Beach, California 90806, Long Beach, 90806 - bed, bath

2321 Locust Avenue, Long Beach, California 90806 home-pic-0
ACTIVE$1,699,000
2321 Locust Avenue, Long Beach, California 90806
0Bed
0Bath
5,737Sqft
5,737Lot
Year Built
1922
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$296
HOA
-
Days on market
-
Sold On
-
MLS number
PW25117598
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(94th), sqft - 5737(94th), beds - undefined(50th), baths - undefined(50th).

Welcome to the beautifully renovated triplex nestled in the heart of Long Beach, just minutes from the iconic Ocean Blvd and Pacific Shoreline. This rare investment opportunity offers PAID SOLAR three fully upgraded units blending modern with coastal charm. Unit (1) 4 bed / 2bath, Unit (2) 2bed/1 bath and Unit (3) 3bed/2bath all features updated kitchens, bathrooms, lighting, flooring, cabinetry, energy efficient windows, solar, inside laundry and ample parking. Perfectly situated near shops, public transportation, the beach and parks. Don't miss out on this turnkey property, which is ideal for owner occupants, investors, or short -term rentals. Don't miss you chance to own a piece of LONG BEACH 6 minutes from the BEACH!

Nearby schools

5/10
Burnett Elementary School
Public,•K-5•0.3mi
8/10
Lafayette Elementary School
Public,•K-5•0.3mi
6/10
Birney Elementary School
Public,•K-5•1.0mi
8/10
Los Cerritos Elementary School
Public,•K-5•2.0mi
6/10
Robinson Academy
Public,•K-8•0.5mi
6/10
Washington Middle School
Public,•6-8•1.0mi
7/10
Hughes Middle School
Public,•6-8•2.0mi
6/10
Polytechnic High School
Public,•9-12•0.9mi
3/10
Cabrillo High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
07/25/22
Sold
$805,000
Condition Rating
Excellent
Despite being built in 1922, the property has undergone extensive and recent renovations, as evidenced by the modern kitchens with gray shaker cabinets, white countertops, and stainless steel appliances, and updated bathrooms with matching vanities and contemporary fixtures. The entire interior features new light wood-look laminate flooring, fresh paint, recessed lighting, and energy-efficient windows, presenting a virtually new and move-in ready condition throughout all units. The inclusion of paid solar further enhances its modern appeal and efficiency.
Pros & Cons

Pros

Income-Generating Triplex: This property is a rare investment opportunity as a triplex, offering three fully upgraded units (4 bed/2 bath, 2 bed/1 bath, 3 bed/2 bath), ideal for generating substantial rental income.
Extensive Modern Renovations: All units have been beautifully renovated with updated kitchens, bathrooms, lighting, flooring, cabinetry, and energy-efficient windows, presenting a turnkey solution for immediate occupancy or rental.
Prime Coastal Long Beach Location: Strategically located in the heart of Long Beach, just minutes from Ocean Blvd, Pacific Shoreline, shops, public transportation, and parks, enhancing its appeal to tenants and short-term renters.
Paid Solar & Energy Efficiency: The inclusion of paid solar panels and energy-efficient windows significantly reduces utility costs for both owners and tenants, adding long-term value and environmental appeal.
Versatile Investment Potential: The property is explicitly marketed as ideal for owner-occupants, long-term investors, or short-term rentals, broadening its market appeal and offering flexible usage options.

Cons

Age of Original Structure: Built in 1922, despite extensive renovations, the underlying infrastructure of an older building may present unforeseen maintenance challenges or require future upgrades beyond cosmetic improvements.
Ambiguous Total Living Area: The property details list the same square footage (5737 sqft) for both the total living area and lot size, leaving the actual combined living space of the three units unclear, which is crucial for valuation and rental analysis.
Absence of Air Conditioning: While energy-efficient windows are mentioned, there is no indication of a cooling system (e.g., air conditioning), which could be a significant drawback for tenant comfort and marketability in Long Beach's climate.

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