Home | Los Angeles County | Long Beach | 90806 | 1885 Locust
MLS: CRSB26063418 | Status: | Price: $2,580,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,753 | 1952 |
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.
| Field | Value |
|---|---|
| MLS # | CRSB26063418 |
| MLS Source | California Regional MLS |
| Days on Site | 30 |
| Feature | Details |
|---|---|
| Laundry | Community Facility |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| Listing Agent | Co-Listing Agent |
|---|---|
| Christopher Van Vuuren | Cris Molles |
| Lyon Stahl Investment Real Estate, Inc. | |
| License #: 02060007 | License #: 01345419 |
| Phone: (424) 220-8960 | Phone: – |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
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This listing information is up-to-date as of April 22, 2026. For the most current information, please contact Christopher Van Vuuren, (424) 220-8960.