2018 Locust Avenue 13, Long Beach, California 90806

PRICED TO SELL – ONLY $245/SF. 13 units located in the Wrigley area of Long Beach subject to AB 1482 Rent Control (5% + CPI increases). Excellent unit mix for the area with onsite laundry and parking. 11X GRM on current rents with upside to 9.0 GRM and 7.2% CAP with all units at market rent. Property features 3 open parking spaces in the rear as well as 4 garages. There are also 2 covered garages in the front – possible ADU conversion – buyer to verify. Each unit also features it’s own private balcony space. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.