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Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, Listing Contact: [email protected]

$1,700,000

1922 Locust, Long Beach CA, 90806

Price per sqftN/A
Built in1946
Property typeMulti-family

Overview

Active

Listed May 19, 2026

Updated 9 days ago

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.

$11,310/mo

Est. mortgage payment based on a $1,700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSB26104278

Interior Features

Basement
No

Exterior Features

Lot Size
0.1 Acres
MLS provider logo

Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi DRE:02035763,
Listing Contact: [email protected] 

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Data last updated 1:32 PM UTC, 9/28/2026

 

 

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