1640 Locust, Long Beach, CA 90813

Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1640 Locust,Long Beach, CA 90813
$1,895,000
  • 13 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: hernan hernandez
Office: excellence premier real estate
MLS#:DW26017371
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,895,000

About this home

Attractive multifamily investment opportunity featuring a well-maintained asset with a stable base of long-term tenants and a favorable unit mix. The property is strategically located near downtown Long Beach, offering immediate access to the 710 Freeway, public transportation, and is approximately 1.3 miles from the coastline. The ownership has completed multiple capital improvements, including a partially replaced roof (approximately two years old), copper plumbing, updated electrical systems, and new water heaters. Select units at 1642 Locust (Units B, C, and D) have gas and electricity expenses paid by the owner. The property currently produces approximately $167,000 in annual gross income with clear upside potential. Rents have not been increased within the past year, allowing a new owner to implement a rent increase of up to 8.9%, in accordance with current Long Beach rent control regulations. The property is offered as-is. Buyers and buyers agents are responsible for conducting

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Home facts

  • Listing ID #:DW26017371
  • Added:16 day(s) ago
  • Updated:February 10, 2026 at 04:06 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,895,000
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