Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB26063418
MLS Source
California Regional MLS
Days on Site
3
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Christopher Van Vuuren
Lyon Stahl Investment Real Estate, Inc.
License #: 02060007
Phone: (424) 220-8960
Co-Listing Agent
Cris Molles
License #: 01345419
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1885 Locust is a Residential Income in Long Beach, CA 90806. This – square foot property sits on a 6,753 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,630,000 and was built in 1952. This address can also be written as 1885 Locust, Long Beach, CA 90806.
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This listing information is up-to-date as of March 25, 2026. For the most current information, please contact Christopher Van Vuuren, (424) 220-8960
