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$1,700,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 days ago
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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.

Full Property Details for 1922 Locust

General

  • Price: $1,700,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26104278
  • Updated: 5/19/2026
  • Days on Market: 10 days
  • Added to Site: 10 day(s) ago

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Parking Features: None
  • Parking: None

Location

  • Area: 5 - Wrigley Area
  • County: Los Angeles
  • Development Name: 5 - Wrigley Area
  • Driving Directions: 710 FWY to Pacific Coast Hwy exit, east on Pacific Coast Hwy, north on Locust Ave to property.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 8
  • # Electric Meters: 8

Structural Information

  • Entry Location: Side
  • Square Feet: 4,732
  • Year Built: 1946

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: 1

Unit 4

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

Unit 5

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

Unit 6

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

Unit 7

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

Unit 8

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

Lot Features

  • Lot Size (Acres): 0.1033
  • Lot Size (Sq. Ft.): 4,500
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $359.26
  • Price Per Unit: 212500

Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

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Listing agent

— 1922 Locust —

  • Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

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 1922 Locust

School District:Long Beach Unified School District
NameGradesDistance
Robinson Academy
1400 East 20th Street, Long Beach, CA 90806
K-81 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.6 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 1922 Locust Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$1,700,000
36%
MLS
8/06/2024
Sold
$1,250,000
—
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 1922 Locust

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,419
40%
$1,250,000
41%
2023
$12,477
6%
$889,164
2%
2022
$11,731
2%
$871,748
2%
2021
$11,466
—
$854,673
1%
2020
$11,436
1%
$845,919
2%
2019
$11,301
3%
$828,451
2%
2018
$10,983
1%
$812,207
2%
2017
$10,865
8%
$796,282
2%
2016
$10,104
4%
$780,669
2%
2015
$9,713
—
$768,944
2%
2014
$9,679
3%
$753,883
—
2013
$9,390
—
$750,477
—
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.

Estimate the Cost for 1922 Locust

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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 Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

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1922 Locust, Long Beach, CA 90806 (MLS# SB26104278) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 1922 Locust is currently listed for $1,700,000 and was received on May 19, 2026. Want to learn more about 1922 Locust? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.

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