For Sale
$1,700,000
1922 Locust
Long Beach, CA 90806
- 4,500 sq ft lot
- Built 1946
Listed by: Lyon Stahl Investment Real Estate, Inc.
About this home
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.
Home details
Interior
- Laundry
- None
Exterior & lot
- Lot size
- 4,500 sq ft (0.1 acres)
- Lot features
- 0-1 Unit/Acre
- Pool
- None
- Garage spaces
- 0
- Parking
- None
- Common walls
- 2+ Common Walls
Property & community
- Property type
- Apartment
- Year built
- 1946
- Community
- Urban, Sidewalks
- County
- Los Angeles
- MLS #
- SB26104278
- Listed
- May 19, 2026
Location
Listed by: Lyon Stahl Investment Real Estate, Inc.
Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.
Listing data last updated Oct 16, 2026 3:30 am.
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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.