1722 Locust Avenue, Long Beach, CA 90813

About this property

Currently, the real estate consists of a classic 1929 Spanish-Style duplex, that has Two (2) 2 Bedroom / 1 Bath Townhouses, and a HUGE expanse of land in the rear that has alley access. With new developments surrounding the property, this complex is in the path of progress, and is just one block to the Light Rail Blue Line, as well as Class A Apartment developments. Recently Re-Zoned (SP1 - Midtown Specific Plan), the site allows for Residential, and/or Commercial Use, with the potential for 15-40 Units. Currently, the owner has preliminary drawings for a 25 Unit project. Whether you add value by fixing up the Duplex to its original charm, while also creating utilizing the back lot, or building additional units, this site offers tremendous upside!

Listing description from the January 2021 sale, as reported to CRMLS.

Sale history

$998,000

Sold January 2021 · on market December 2020 · MLS #OC20253642 · Source: CRMLS

Listing Agent: Pat Swanson · Listing Office: Pat Swanson · Contact: 949-724-5564 · Bought with: David Shorter · David Shorter, Broker

$810,000

Sold November 2019 · listed $825,000, on market June 2019 · MLS #PW19154028 · Source: CRMLS

Listing Agent: David Loveless · Listing Office: RE/MAX College Park Realty · Contact: 562-594-6753 · Bought with: Pat Swanson · Pat Swanson

$810,000

Sold November 2019 · listed $825,000, on market June 2019 · MLS #PW19154049 · Source: CRMLS

Listing Agent: David Loveless · Listing Office: RE/MAX College Park Realty · Contact: 562-594-6753 · Bought with: Pat Swanson · Pat Swanson

$359,000

Sold October 2012 · listed $369,000, on market September 2011 · MLS #P795986 · Source: CRMLS

Listing Agent: Cindy Ludwig · Listing Office: First Team Real Estate · Contact: 562-799-2434 · Bought with: David Loveless · RE/MAX College Park Realty

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