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California>Long Beach>Southeast Wrigley

1922 LocustLong Beach, CA 90806

For Sale

$1,700,000

Smart Buyer Rebate $17,000

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.

Listed by Cameron Samimi

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License #02035763

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Lyon Stahl Investment Real Estate, Inc.

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310-259-7556

Last updated May 19, 2026

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Source: CRMLS #SB26104278

Listing Facts

  • TypeMulti-family
  • NeighborhoodSoutheast Wrigley
  • Days on Prevu28

Location

Mortgage Calculator

Listing History

05/19/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$1,700,000

Property Details for 1922 Locust

Association

Amenities

  • Community Features: Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1946
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Side

Measurements

  • Building Area Total: 4,732
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.10
  • Lot Size Area: 4,500
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,500
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $177,180.00
  • Operating Expense: $48,664.00

Taxes

  • Parcel Number: 7209014024

Other

Location

  • Tax Block: C
  • Tax Lot: 19

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1922 Locust.

How does 1922 Locust compare to other multi-family homes in Southeast Wrigley?

This multi-family home is listed 31% above the average price for multi-family homes in Southeast Wrigley and has been on the market for 80 less days than the typical home in this area.

1922 Locust is a -bedroom multi-family home for sale in Long Beach CA 90806. Listed on Prevu for 28 days at $1,700,000. This home is located in Southeast Wrigley. The median listing price for multi-family homes in this area is $938,000. Browse more multi-family home listings in Long Beach.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.