1025 Locust Avenue | Los Angeles | State of California | Prices, Plans, Availability

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Investor's Special and Downtown Developer's Delight within 1.1. mile to the Beach! Current turnkey Cash Cow is a rare find within Opportunity Zone. LOCATION! LOCATION! LOCATION is less than 100ft from Long Beach Blvd. Metro A Line train station and on same short block as newly built 97-unit/7-story eleve1112 apartment building. Endless potential to increase income via new statewide density and parking requirements for multi-units near mass transit or double current bedroom count within all oversized units and provide fully-furnished apartments similar to current AirBnB studio now renting for $2700 monthly. All units are larger than most nearby studios, one bedrooms and NO CITYWIDE RENT CONTROL offers savvy landlords upside in rents. Four units are recently remodeled with refurbished hardwood flooring and/or plank vinyl wood flooring, new fixtures and various units feature new kitchen countertops, new blinds and new window A/Cs. All units have crown moldings, two-tone paint, separate rooms for kitchen, full-size bathrooms and 44 new windows installed in 2021. Complex features four garages rented separately, fencing, entry security door, security gates, shared backyard grass area and is walking distance to historic Pine Ave, restaurants, grocery store, bike trails, banks, churches, schools, dog park, wine bar, brewery, laundromats and more.