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2223 Locust Ave, Long Beach, CA 90806
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2223 Locust Ave Long Beach, CA 90806

$985,000
  • 5 Beds
  • 3 Baths
  • 3,034 Sq.Ft.
For Sale
$985,000 Get Pre-Qualified
Map preview of 2223 Locust Ave, Long Beach, CA 90806

Property Overview: 2223 Locust Ave Long Beach, CA has 5 bedrooms, 3 bathrooms, 3,034 living square feet and 5,821 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Terrific Property for an owner user or an investor looking to create some passive income. This is a great up and coming neighborhood. Great proximity to restaurants, shopping, schools, museums and the amazing Long Beach Pike. The front detached home has 2 bedrooms, 1 bath and is approximately 1,291 sq ft. The back units consist of a 2 bedroom, 1 bath unit that is approximately 969 sqft as well as a 1 bedroom, 1bath approximately 774 sq ft. The property has new plumbing, new windows and new garage doors. The front unit has been recently remodeled as well. The property has a large courtyard dividing the front and back units. Lots of potential with this beautiful Triplex!!

Listed by Nathan Mahoney | BRE #01390111 | Nathan Mahoney, Broker
Last checked: 8 minutes ago | Last updated: March 13th, 2024 | Source CRMLS | DOM: 40
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Home details

Lot Sq. Ft
5,821
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Triplex
Status
Active
MLS#
DW24037329
City
Long Beach
County
Los Angeles
Time on Site
68 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,480
  • Net Operating Income: $5,740
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $550
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $150
  • Insurance: $250
  • Water/Sewer: $250

Open Houses for 2223 Locust Ave

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Property Details for 2223 Locust Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7208024026
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Wrigley Heights (WH)
  • Directions: Off of Pacific between Willow and PCH
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 2223 Locust Ave

Last leased for $2,595 on November 14th, 2023

  • February, 2024

  • Feb 22, 2024

    Date

    Active

    CRMLS: DW24037329

    $985,000

    Price

  • November, 2023

  • Nov 14, 2023

    Date

    Leased

    CRMLS: DW23197303

    $2,595

    Price

  • Oct 23, 2023

    Date

    Active

    CRMLS: DW23197303

    $2,595

    Price

  • Listing provided courtesy of CRMLS

    Recently remodeled 2 bedroom 1 bathroom single family detached unit. Plenty of parking available. Spacious family room and updated kitchen. Excellent location in Long Beach close to schools, shopping, freeways and parks. Plenty to be enjoyed while leasing this home.

  • September, 2023

  • Sep 1, 2023

    Date

    Expired

    CRMLS: SR23055577

    $1,049,000

    Price

  • Apr 4, 2023

    Date

    Active

    CRMLS: SR23055577

    $1,049,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect for an investor or first-time home buyer. There is a lot of redevelopment in the neighborhood. Close to good restaurants, shopping, schools, museums and only a 12-minute drive to Alamitos Beach, the Aquarium of the Pacific and the Queen Mary. Situated 14 minutes away from Cal State Long Beach and only 8 minutes away from In-N-Out Burger. The main home has 2 bedrooms, 1 bath and is approximately 1,291 sqft. The second unit has 2 bedrooms, 1 bath and is approximately 969 sqft. The third unit is a 1 bedroom, 1bath and is approximately 774 sqft. Includes new plumbing, new windows and new garage doors. The entire lot is approximately 5,819 sqft and has a courtyard with mature fruit trees, guavas, oranges and pomegranates. The property also comes with 4 individual 1 car garages, plus tandem driveway parking. The two larger units are expected to be delivered vacant at closing.

  • September, 2023

  • Sep 1, 2023

    Date

    Expired

    CRMLS: SR23112971

    $1,049,000

    Price

  • Jun 24, 2023

    Date

    Active

    CRMLS: SR23112971

    $1,049,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect for an investor or first-time home buyer. There is a lot of redevelopment in the neighborhood. Close to good restaurants, shopping, schools, museums and only a 12-minute drive to Alamitos Beach, the Aquarium of the Pacific and the Queen Mary. Situated 14 minutes away from Cal State Long Beach and only 8 minutes away from In-N-Out Burger. The main home has 2 bedrooms, 1 bath and is approximately 1,291 sqft. The second unit has 2 bedrooms, 1 bath and is approximately 969 sqft. The third unit is a 1 bedroom, 1bath and is approximately 774 sqft. Includes new plumbing, new windows and new garage doors. The entire lot is approximately 5,819 sqft and has a courtyard with mature fruit trees, guavas, oranges and pomegranates. The property also comes with 4 individual 1 car garages, plus tandem driveway parking. The two larger units are expected to be delivered vacant at closing.

  • January, 2022

  • Jan 11, 2022

    Date

    Pending

    CRMLS: PW21221367

    $799,950

    Price

  • Listing provided courtesy of CRMLS

    EXCELLENT INVESTMENT FOR FIRST TIME BUYERS OR INVESTORS IN A VERY GOOD Long Beach AREA CLOSED TO STORES SCHOOLS AND EVERY THING WITH A FRONT HOUSE 950+ SQF 2 BEDROOMS 1 BATH + 2 APARTMENTS ONE 2 BEDROOMS ONE BATH 810 sqf AND ANOTHER 1 BEDROOM 1 BATH 615 sqf , WITH A 4 CAR GARAGE + 4 PARKING SPECES AND SECURITY GATE , THE HOUSE HAS A NICE COURT PATIO AND ALSO THE 2 APARTMENTS WITH A BEAUTIFUL MATURE FRUIT TREES ( GUAVAS, ORANGES, AND POMEGRANATES) LONG TIME TENANTS, PLEASED DO NOT DISTURBING OCCUPANTS RENTS ARE VERY LOW YOU CAN INCREASED . THIS WILL BE A 1031 NO COST FOR THE BUYER . WE WILL SHOW INSIDE THE PROPERTY ONLY WITH AN ACCEPTED OFFER. LISTING AGENT CO-OWNER

  • April, 2021

  • Apr 6, 2021

    Date

    Price Change

    CRMLS: PW21004225

    $869,950

    Price

  • Mar 31, 2021

    Date

    Price Change

    CRMLS: PW21004225

    $849,950

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: PW21004225

    $879,900

    Price

  • Listing provided courtesy of CRMLS

    EXCELLENT INVESTMENT FOR FIRST TIME BUYERS OR INVESTORS IN A VERY GOOD Long Beach AREA CLOSED TO STORES SCHOOLS AND EVERY THING WITH A FRONT HOUSE 1025+ SQF 2 BEDROOMS 1 BATH + 2 APARTMENTS ONE 2 BEDROOMS ONE BATH 810 sqf AND ANOTHER 1 BEDROOM 1 BATH 615sqf , WITH A 4 CAR GARAGE + 4 PARKING SPECES AND SECURITY GATE , THE HOUSE HAS A NICE COURT PATIO AND ALSO THE 2 APARTMENTS WITH A BEAUTIFUL MATURE FRUIT TREES ( GUAVAS, ORANGES, AND POMEGRANATES) LONG TIME TENANTS, PLEASED DO NOT DISTURBING OCCUPANTS RENTS ARE VERY LOW YOU CAN INCREASED . THIS WILL BE A 1031 NO COST FOR THE BUYER . WE WILL SHOW INSIDE THE PROPERTY ONLY WITH AN ACCEPTED OFFER. LISTING AGENT CO-OWNER

  • July, 2007

  • Jul 24, 2007

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • April, 2004

  • Apr 1, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2223 Locust Ave

Assessed Value (2020): $636,724
Year Land Value Improved Value Assessed Value
2020 $318,362 $318,362 $636,724

Home Value Compared to the Market

This property vs the competition

2223 Locust Ave is listed 23.14% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $637 and this home is listed at $324.65 per/sqft which puts the price per square foot 49.03% lower than the median price per square foot for the city of Long Beach.

About 2223 Locust Ave

Detailed summary of property

2223 Locust Ave is a triplex located in Long Beach, CA 90806 and is currently for sale. This triplex offers 5 bedrooms, 3 bathrooms, roughly 3,034 living square feet, and sits on an approximately 5,821 square foot lot. 2223 Locust Ave was first listed on ArdentRealEstateGroup.com on February 23, 2024. The homeowner is currently asking $985,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $637. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 23.14% higher than the median priced home. Local competing homes currently for sale include 2774 Delta Ave, 2022 E 15th St and 3409 Walnut Ave. While the average home in Long Beach, CA is selling in 54 days, 2223 Locust Ave has a days on market of 40 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 2223 Locust Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2223 Locust Ave

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
3,034
Lot Size
5,849
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
7208-024-026

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$829,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$549,000
Median Sold Price/Sq.Ft.
$664
Total Inventory
14
Median Sale to List Price %
91.5%
Avg Days on Market
21
Loan Type
Conventional (62.5%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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