USACALong BeachDowntown (Dt)1025 Locust Ave

1025 Locust Ave, Long Beach, CA

Name: 1025 Locust Ave, For Sale in Long Beach - eXp Realty
Brand: Kinnery's Brokerage House
SKU: PW25270914
Price: 1875000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,875,000

004

MLS® PW25270914

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Residential Income

Size -

Garage Yes

HOA Fees

Taxes

Days Active 0

Approx. Age 1923

MLS® Number PW25270914

Property Address: 1025 Locust Ave, Long Beach, CA, 90813

Average square foot calculated using Size range provided by listing agent.

Description

Attention ALL Multi-Family Investors! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city’s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street’s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture – boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. “Pride of Ownership” is evident. Recent interior upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. Recent exterior upgrades include: New common area plank flooring, New landscaping, exterior paint and trim, new garage/auto door, and concrete driveway. The units are much larger than many of the nearby apartment units. The oversized 3-room studios include galley style kitchens with counter to ceiling cabinets, walk-in closets and the extremely large 1 bedrooms offer full-size kitchens, walk-in showers, bathtubs and a service porch. Additional investor notables: spacious backyard area and four garages offer great duplex ADU building potential; new statewide density and parking requirements for multi-units near mass transit offers similar development upside as 97-unit 1112 Locust apartment building; improve best use of 5, 498 sq. Ft building space to double current bedroom count or increase income immediately with fully furnished apartments similar to current AirBnB Apt. #6. Don’t miss this rare opportunity to own a turnkey Cash Cow and a legacy of authentic history while taking full advantage of endless income growth. Seller MOTIVATED!!

MLS® NumberPW25270914

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelNone

Exposure

Exterior

GarageYes

Approx. Age1923

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Dec 5, 2025List Date

$1,875,000List Price

Commute

Commute

Starting Address

Destination Address

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