CA > Long Beach
Long Beach, CA 90806,1922 Locust Avenue
Long Beach, CA 90806,1922 Locust Avenue
Long Beach, CA 90806,1922 Locust Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
25
Oct
Sun
26
Oct
Mon
27
Oct
Danielle Broad

Danielle Broad

+1(925) 383-9200
$1,700,000
Est. payment /mo
4,732 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,732 sqft

Price per Sqft $359

MLS Listing ID CRSB25107697

HOA Y/N No

Year Built 1946

Lot Size 4,500 Sqft

Acres 0.1

Property Sub-Type Other

Property Description

7.32% Cap Rate and a 9.52 GRM, 1922 Locust Ave, is an 8-unit apartment building located in the South Wrigley submarket of Long Beach. 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. No local rent control - subject to AB-1482 CA Statewide rent control, which allows 5%+CPI rental increases.

Location

State CA

County Los Angeles

Zoning LBPD

Interior

Fireplace No

Laundry See Remarks

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7209014024

Read Less Info
Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Ryan Versfelt • Lyon Stahl Investment Real Estate, Inc.
Danielle Broad

+1(925) 383-9200

smiles4dee@gmail.com

GET MORE INFORMATION

Full Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Danielle Broad, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1922 Locust Avenue

QUICK SEARCH
VIEW MORE