1885 Locust, Long Beach, CA 90806

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1885 Locust,Long Beach, CA 90806
$2,630,000
  • - Beds
  • - Baths
  • 8,264 sq. ft.
  • Multi-family
  • Active
Listed by: christopher van vuuren, cris molles
Office: lyon stahl investment real estate, inc.
MLS#:SB26063418
Source:CRMLS

Price summary

  • Price:$2,630,000
  • Price per sq. ft.:$318.25

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...

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Home facts

  • Year built:1952
  • Listing ID #:SB26063418
  • Added:1 day(s) ago
  • Updated:March 24, 2026 at 09:24 PM

Rooms and interior

  • Living area:8,264 sq. ft.

Structure and exterior

  • Year built:1952
  • Building area:8,264 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Rectangular Lot
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,630,000
  • Price per sq. ft.:$318.25

Features and amenities

  • Laundry features:Common Area
Based on information from California Regional Multiple Listing Service, Inc. as of March 24, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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