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1885 Locust, 
Long Beach, CA 90806

$2,630,000


5

Beds


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Christopher Van Vuuren

Cris Molles

Lyon Stahl Investment Real Estate, Inc.

The Realestate Group

Last updated:

March 25, 2026, 03:30 PM

MLS#

SB26063418

Source:

San Diego MLS via CRMLS

About This Home

1885 Locust

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 operational efficiencies. Strong fit for local buyers and 1031 exchange investors targeting a well-located Long Beach asset.

Home Facts

Multi-Family

5 Bedrooms

Price Summary

2,630,000

MLS #:

SB26063418

Last Updated:

March 25, 2026, 03:30 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Finances & Disclosures

Finances

Price:

$2,630,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.