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2015 Locust Avenue, 
Long Beach, CA 90806

$1,299,000


Bed


Bath


3,199

Sq Ft


Multi-Family

Active

Listed by

Christopher Van Vuuren

Lyon Stahl Investment Real Estate, Inc.

Last updated:

July 18, 2025, 01:45 PM

MLS#

CRSB25149560

Source:

CAMAXMLS

About This Home

2015 Locust Avenue

We are proud to present 2015 Locust Avenue, a four-unit multifamily property located in the Wrigley neighborhood of Long Beach. Just north of Downtown and minutes from the 710 and 405 freeways, Wrigley offers residents convenient access to major employment centers, Long Beach City College, and the Metro A Line light rail. The neighborhood’s central location and strong rental demand make this asset ideal for investors seeking stability and long-term appreciation in a growing Long Beach submarket. Situated on a 4,750 SF lot, the property offers 3,199 SF of rentable space and features a desirable unit mix of one (1) three-bedroom, one-bath unit; one (1) two-bedroom, one-bath unit; and two (2) one-bedroom, one-bath units—one of which is currently vacant, providing immediate upside. Significant recent upgrades include exterior paint, new roof and gutters, garage doors, staircase rebuild, and one fully renovated unit in 2025. Additional improvements in prior years include new windows, plumbing updates, tankless water heaters, new fencing, and full or partial renovations of three other units, minimizing future capex needs for a new owner. 2015 Locust Avenue is an ideal opportunity for an investor to acquire a turnkey asset with strong in-place income of $104,820 per year and clear v

Home Facts

Multi-Family

Built in 1937

Price Summary

1,299,000

$406 per Sq. Ft.

MLS #:

CRSB25149560

Last Updated:

July 18, 2025, 01:45 PM

Added:

13 day(s) ago


Rooms & Interior

Interior

Living Area:

3,199 Sq. Ft.


Structure

Structure

Building Area:

3,199 Sq. Ft.

Year Built:

1937


Lot

Lot Size (Sq. Ft):

4,750


Finances & Disclosures

Finances

Price:

$1,299,000

Price per Sq. Ft:

$406 per Sq. Ft.

MLS Logo
Bay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at July 18, 2025

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