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2161 Locust Ave
For Sale $1,245,500
$1,245,500
- 5 Units
- Unknown Sq Ft
- 6,263 Sq Ft
- Unknown Cap Rate
Description
7.22% 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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,245,500 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7208025011 |
| MLS # | PW24218479 |
| Property ID | 320135374 |
| Lot Sqft | 6,263 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 434 |
| Original List Price | $1,325,000 |
| Date Updated | January 29, 2025 |
| Date Created | October 03, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $9,530 | $0 |
| Net Income (Yr) | $ 43,992 |
Listing Provided By
Jorge Mora an agent of . Lic #01365167
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 29, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT