1885 Locust, Long Beach, CA 90806
Local realty services provided by:CENTURY 21 Affiliated
1885 Locust,Long Beach, CA 90806
$2,580,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christopher van vuuren, cris molles
Office: lyon stahl investment real estate, inc.
MLS#:SB26063418
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,580,000
About this home
Excellent opportunity to acquire a 13-unit apartment complex in a strong rental pocket of Long Beach, just north of Downtown in the South Wrigley neighborhood. The property offers convenient access to the Metro A Line and major freeways (710, 405, 91), providing tenants with strong regional connectivity. Built in 1952, the asset features an attractive unit mix of ten (10) 1-bedroom/1-bath units, two (2) 2-bedroom/1-bath units, and one (1) 2-bedroom/2-bath townhouse-style unit. The property is gated, separately metered for gas and electricity, and includes on-site laundry for additional income. Recent improvements include exterior paint, upgraded electrical panel, new water heater, and completed SB 721 compliance, helping reduce near-term capital expenditure. Subject to AB 1482, offering investors a more predictable and flexible operating environment compared to stricter municipalities. Ideal for investors seeking stable cash flow with upside potential through rental increases and operational efficiencies. Strong fit for local buyers and 1031 exchange investors targeting a well-located Long Beach asset....
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Home facts
- Listing ID #:SB26063418
- Added:96 day(s) ago
- Updated:June 29, 2026 at 02:07 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,580,000
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