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$1,135,000
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Property Description
7.69% Cap Rate! With Still An Opportunity To Grow. Add This High Performing Multi Family Property To Your Investment Portfolio. With (3) 1 Bedroom 1 Bath, (1) 2 Bedroom 1 Bath and (1) 2 Bedroom 2 Bath Units. Along With 5 Single Garages With Alley Access. Makes It Convenient For Tenants To Come And Go. Coin Operated Laundry. Many Upgrades Have Been Done To The Property With A Newer Roof, Upgraded Electrical Panel And Upgrades Inside The Units. The Property Also Has A Long Driveway For Additional Parking. Centrally Located To Metro Blue Line, 710 Freeway, Shopping, Restaurants And Much More. You're Not Going To Want To Miss Out On This Golden Opportunity.
Full Property Details
Full Property Details for 2161 Locust Ave
General
- Sold For: $1,135,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25181530
- Added to Site: 157 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
- Parking Features: Garage
- Parking: Garage
Location
- Area: 5 - Wrigley Area
- County: Los Angeles
- Development Name: 5 - Wrigley Area
- Driving Directions: East Of Long Beach Blvd South Of Willow
Heating & Cooling
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 3
- # Gas Meters: 3
- # Electric Meters: 6
Structural Information
- Roof: Shingle
- Entry Location: Street
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,695
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.1438
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $421.15
- Price Per Unit: 234000
Listed by Keller Williams Pacific Estate, Jorge Mora
Sold by Century 21 Allstars, Miguel Belmonte
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Schools
Schools serving 2161 Locust Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Robinson Academy 1400 East 20th Street, Long Beach, CA 90806 | K-8 | 1 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2161 Locust Ave
Date
Details
Price
Change
Source
9/26/2025
Sold
$1,135,000
-2.99%
MLS
8/12/2025
Listed
$1,170,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2161 Locust Avenue, Long Beach, CA 90806 (MLS# PW25181530) is a Multi-Family property that was sold at $1,135,000 on September 26, 2025. Want to learn more about 2161 Locust Avenue? 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.

