Properties

Long Beach, CA 90806 1885 Locust

1885 Locust Long Beach, CA - Image 11885 Locust Long Beach, CA - Image 21885 Locust Long Beach, CA - Image 3
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1885 Locust Long Beach, CA - Image 41885 Locust Long Beach, CA - Image 51885 Locust Long Beach, CA - Image 6
Presented By: Christopher Van Vuuren with Lyon Stahl Investment Real Estate, Inc.; 714-655-0098
  • MLS# SB26063418
  • 03/24/2026
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  • SQFT • 8,264

Home Details

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.
Presented By: Christopher Van Vuuren with Lyon Stahl Investment Real Estate, Inc.; 714-655-0098

Interior Features for 1885 Locust

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 1885 Locust

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
DirectionsN of PCH, W of Long Beach blvd
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income263376
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet6753
Lot Size UnitsSquare Feet
MLS Area5 - Wrigley Area
Net Operating Income161160
New ConstructionNo
Number Of Units Total13
Operating Expense94367
Pool FeaturesNone
PostalCityLONG BEACH
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameWrigley Area (WR)
Tax Lot28
Trash Expense0
Water Sewer Expense0
Year Built1952
Year Built SourceAssessor

Exterior for 1885 Locust

Building Area Total8264
Lot FeaturesRectangular Lot
Lot Size Acres0.155
Lot Size Area6753
Lot Size SourceOther
Number of Buildings1
Number of Separate Electric Meters13
Number of Separate Gas Meters13
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,630,000
MLS#SB26063418
List Date 03/24/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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