1922 Locust
Long Beach, CA 90806
0
Bed
0
Bath
4,732Sqft
4,500Sqft(Lot)
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 Dow
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1946 Building Area Total: 4,732 -
Pool Features
NoneLaundry Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1033 -
Lot Size Source: Assessor Lot Size Square Feet: 4500
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Listing Price Information
Original List Price: 1,700,000 Listing Contract Date: 2026-05-11 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7209014024
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Garage and Parking
Garage Description: NoneHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: 5 - Wrigley Area Directions: 710 FWY to Pacific Coast Hwy exit, east on Pacific Coast Hwy, north on Locust Ave to property. Source Property Type: Residential Income Area: 5 - Wrigley Area Property SubType: Apartment -
Building and Construction
Property Age: 80 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Side Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1211 E Leigh Court, Long Beach, CA, 90806 | $635,000 | 3 | 2 | 2,000 | 2,000 SqFt |
| 910 E 19th Street, Long Beach, CA, 90806 | $754,000 | 4 | 3 | 1,492 | 1,492 SqFt |
| 2337 Long Beach, Long Beach, CA, 90806 | $1,350,000 | -- | -- | 4,330 | 4,330 SqFt |
| 2320 Locust, Long Beach, CA, 90806 | $499,000 | 2 | 1 | 680 | 680 SqFt |
| 201 E Eagle Street, Long Beach, CA, 90806 | $879,000 | 5 | -- | 1,914 | 1,914 SqFt |
| 3148 Magnolia, Long Beach, CA, 90806 | $1,150,000 | 4 | 4 | 2,106 | 2,106 SqFt |
| 1950 Magnolia Avenue, Long Beach, CA, 90806 | $965,000 | 6 | -- | 2,016 | 2,016 SqFt |
| 2430 San Francisco Avenue, Long Beach, CA, 90806 | $819,000 | 3 | 2 | 1,450 | 1,450 SqFt |
| 2048 Golden, Long Beach, CA, 90806 | $810,000 | 2 | 1 | 1,002 | 1,002 SqFt |
| 1860 San Francisco Aven.., Long Beach, CA, 90806 | $550,000 | 3 | 3 | 1,508 | 1,508 SqFt |
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ByOwner last updated this listing 06/06/2026 @ 05:30
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