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$1,125,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 6 days ago
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This well-maintained 4-unit income property presents a strong opportunity for investors seeking stable, long-term rental income. The building features four units with functional layouts that provide comfortable living spaces and consistent tenant appeal. The property is currently occupied by some long-term tenants and tenants within the last three years, offering immediate and reliable income with a proven rental history. Their extended tenancy reflects the overall desirability and stability of the property. Public Street parking for the property is available on the street directly in front of the building, providing convenient access for residents and guests. Located in a high-demand rental area of Long Beach, the property is close to schools, shopping, public transportation, and major freeways, making it attractive to a wide range of tenants. Overall, this is a solid multi-unit investment with dependable income, minimal turnover, and strong long-term upside in a desirable market.

Full Property Details for 1564 Locust

General

  • Price: $1,125,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26065029
  • Updated: 3/26/2026
  • Days on Market: 7 days
  • Added to Site: 7 day(s) ago

Interior

  • Interior Features: Copper Plumbing (Full)
  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: None
  • Parking: None

Location

  • Area: 9 - Poly High
  • County: Los Angeles
  • Development Name: 9 - Poly High
  • Driving Directions: North of Anahiem, West of Long Beach Blvd, East of Pacific Ave, South of PCH
  • Direction Faces: West

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 4
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Architectural Style: Contemporary
  • Roof: Flat
  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,458
  • Year Built: 1963

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.0691
  • Lot Size (Sq. Ft.): 3,011
  • Lot Size Source: Assessor
  • Lot Description: Walking Street

Financial Considerations

  • Price Per Sq. Ft.: $325.33
  • Price Per Unit: 281250

Listed by Circle Real Estate, Javier Alvarez

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Listing agent

— 1564 Locust —

  • Javier Alvarez

    Circle Real Estate

562-318-4021

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1564 Locust

School District:Long Beach Unified School District
NameGradesDistance
Roosevelt Elementary School, Long Beach, CA
1574 Linden Avenue, Long Beach, CA 90813
K-50.3 mi
Washington Middle School, Long Beach, CA
1450 Cedar Avenue, Long Beach, CA 90813
6-80.3 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1564 Locust Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$1,125,000
442.17%
MLS
11/16/1988
Sold
$207,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1564 Locust

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,844
7%
$389,353
4%
2023
$5,463
6%
$374,237
2%
2022
$5,144
3%
$366,900
2%
2021
$5,018
—
$359,707
1%
2020
$5,004
1%
$356,019
2%
2019
$4,946
3%
$349,039
2%
2018
$4,789
1%
$342,196
2%
2017
$4,738
8%
$335,488
2%
2016
$4,395
4%
$328,911
2%
2015
$4,229
—
$323,971
2%
2014
$4,218
3%
$317,626
—
2013
$4,096
—
$316,191
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Circle Real Estate, Javier Alvarez

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1564 Locust, Long Beach, CA 90813 (MLS# PW26065029) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1564 Locust is currently listed for $1,125,000 and was received on March 25, 2026. Want to learn more about 1564 Locust? Do you have questions about finding other Multi-Family real estate for sale in Poly High? You can browse all Poly High real estate or contact a Coldwell Banker agent to request more information.

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