1922 Locust, Long Beach, CA 90806

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
1922 Locust,Long Beach, CA 90806
$1,700,000
  • - Beds
  • - Baths
  • 4,732 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26104278
Source:CRMLS

Price summary

  • Price:$1,700,000
  • Price per sq. ft.:$359.26

About this home

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 Billion in local investment, including transformational projects like the Long Beach Civic Center, Queen Mary Island, CSULB Downtown Village, Broadway Block, and the Ocean Aire Development.

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Home facts

  • Year built:1946
  • Listing ID #:SB26104278
  • Added:26 day(s) ago
  • Updated:June 09, 2026 at 10:34 AM

Rooms and interior

  • Living area:4,732 sq. ft.

Structure and exterior

  • Year built:1946
  • Building area:4,732 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,700,000
  • Price per sq. ft.:$359.26
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