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Listed by: Cameron Samimi (310) 259-7556 DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,700,000
8 Beds
8 Baths
--sqft
1922 Locust, Long Beach, CA 90806
$1,700,000
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Apartment
Built in 1946
$-- HOA
4,500 sqft lot
--/sqft
Description
We are proud to present 1922 Locust Avenue, an 8-unit apartment building located in the South Wrigley submarket of Long Beach. This asset is currently operating at a 7.25% Cap Rate and a 9.59 GRM! Priced at just $212k/unit, this investment offers a compelling mix of immediate cash flow and long-term upside in a rapidly developing market.
The property is comprised of (8) 1-Bed/1-Bath units, with five recently remodeled. Three units are currently vacant and rent-ready, offering the perfect opportunity for an owner-user or investor to quickly add value.
Situated just outside the booming Downtown Long Beach core, 1922 Locust Ave is primed to benefit from over $6 Bil...
- Houzeo last checked: 12 minutes ago
- Listing updated: May 19, 2026 at 7:38 am
- Source: California Regional MLS-CA | MLS#: SB26104278
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1946
HOA Fees
-
Finished Area
- sqft
Lot Size
4,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26104278
MLS Status
Active
Days on Market
63
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