For sale · Active

1922 Locust

Long Beach, CA 90806

$1,700,000
Lot size0.1033 acres
Property typeApartment
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Listing broker / agent: Lyon Stahl Investment Real Estate, Inc. · Cameron Samimi · CRMLS

MLS # SB26104278 · Last checked Oct 20, 2026 20:08 UTC

About this property

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.

Property details

MLS number
SB26104278
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.1033 acres
County
Los Angeles
Year built
1946
More property detailsExpandCollapse

Listing

Days on market
0

Building

Year built
1946
Year built source
Assessor
Building stories
2
Entry level
1

Rooms & interior

Laundry
None

Exterior & parking

Total parking spaces
0
Garage spaces
0
Parking
None
Pool
None
Lot features
Zero To One Unit Acre
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Sidewalks, Urban
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Intellectual Virtues Academy (school website, opens in a new tab) Los Angeles County Office of Education · Long Beach 9–12 0.3 mi
Roosevelt Elementary Long Beach Unified · Long Beach K–5 0.5 mi
Bobbie Smith Elementary Long Beach Unified · Long Beach K–5 0.5 mi
Polytechnic High Long Beach Unified · Long Beach 9–12 0.6 mi
Lafayette Elementary Long Beach Unified · Long Beach K–5 0.7 mi
Clear Passage Educational Center (school website, opens in a new tab) Long Beach Unified · Long Beach 9–12 0.8 mi
Robinson Academy Long Beach Unified · Long Beach K–8 1.0 mi
Washington Middle Long Beach Unified · Long Beach 6–8 1.0 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,700,000
MLS-reported original asking price
$1,700,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 08:47$1,700,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Long Beach

Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings596Current authorized inventory
Median asking price$704,950596 listings with a valid price
Median asking price / sq ft$618.93567 listings with confirmed sq ft
Median days on market31596 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction113
Listings with an increase4

115 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 21:28 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.