1922 Locust, Long Beach

$1,700,000

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8

Beds

8

Baths

0.10

Acres

About 1922 Locust

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.

Features of 1922 Locust

MLS® # SB26104278
Price $1,700,000
Bedrooms 8
Bathrooms 8.00
Acres 0.10
Year Built 1946
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 1922 Locust
Area 5 - Wrigley Area
City Long Beach
County Los Angeles
Zip Code 90806

Amenities

Parking None
Garages None
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description ZeroToOneUnitAcre

Additional Information

Date Listed May 11th, 2026
Days on Market 115
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentCameron Samimi
OfficeLyon Stahl Investment Real Estate, Inc.

Listing Map

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