1922 Locust Long Beach, CA ^$ 1,700,000

1922 Locust

^$ 1,700,000

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Recently Listed

1922 Locust

Long Beach, CA, 90806

^$ 1,700,000

Studio Baths1.0 Sq 4,732

Monthly Estimate*

^$ 10,467

Listed by Lyon Stahl Investment Real Estate, Inc.

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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,700,000 with 1 full bath. This 4,732 square foot home was built in 1946 on a lot size of 0.1033.

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.

Multi-Family Active

Price

^$ 1,700,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1033

Year Built

1946

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26104278

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1946

Tenant Pays Electricity Gas

Property Subtype Apartment

Gross Income 177180

Community Features Sidewalks Urban

County Los Angeles

Net Operating Income 123201

Operating Expense 48664

Insurance Expense 5915

New Construction false

Property Type Residential Income

Contingency none

MaintenanceExpense 4800

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions 710 FWY to Pacific Coast Hwy exit east on Pacific Coast Hwy north on Locust Ave to property.

City Long Beach

Entry Location Side

Senior Community Y/N false

Number Of Units Total 8

MLS Area 5 - Wrigley Area

Lot Size Units Square Feet

Lot Size Square Feet 4500

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 6400

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 19

Property Sub Type Additional Apartment

Expected Active Date 2026-05-19

Taxes 21250

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features None

Entry Level 1

Exterior

Parking Features None

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 0

Lot Size Area 4500

Number of Buildings 1

Building Area Total 4732

Lot Size Acres 0.1033

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

cameron@lyonstahl.com

Affordability Calculator

$10,467

Per Month

Monthly Principal & Interest: $10,467
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,809,562

Percent of Sale Price 6%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2026	$1,700,000		Listed Price

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1922 Locust, Long Beach, CA, 90806 is a Multi-Family Home for sale at $1,700,000 with 4,732 sqft and a lot size of 0.1033. 1922 Locust is a studio with 1.0 baths and was built in 1946. The property's zip code is 90806 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/20/2026. 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.

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1922 Locust

Multi-Family Home for sale in Long Beach, CA

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