Clicking on links may lead to other third party sites and ads. Visiting those sites or viewing the ads is deemed voluntary by you. LKV Realty, LLC does not endorse the access to or content of those sites.

LKV Realty, LLC is an affiliate of Lakeview Loan Servicing, LLC (“Lakeview”). Lakeview customers are not required to use LKV Realty, LLC and/or any of the third-party products and services. Lakeview Loan Servicing, LLC (“Lakeview”) is located at 4425 Ponce de Leon Blvd., MS 5-251, Coral Gables, FL 33146 and can be reached at 855-294-8564, or on the internet at www.lakeview.com. Lakeview’s NMLS/Unique Identifier number is NMLS #39152. www.nmlsconsumeraccess.org It is the policy of Lakeview to provide services without regard to race, color, religion, national origin, ancestry, age, sex, familial status, physical handicap, disability, or any other prohibited basis. Lakeview is licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (license #4131216). Lakeview is not licensed for lending activities in any U.S. territory. Not authorized to originate loans in the State of New York. Lakeview Loan Servicing, LLC is an Equal Housing Lender.

All information provided within this website is for informational purposes only and does not constitute legal or financial advice. Lakeview and their affiliates make no guarantees as to the accuracy, quality, or completeness of such information, and shall not be responsible or liable for any errors, omissions, or inaccuracies in the information, or for any user’s reliance or the information. Any information made available on this website may change from time to time, and at any time without prior notice. Lakeview does not warrant, and is not responsible for, any affiliate third-party products or services, representations, actions, or omissions.

LKV Realty, LLC is licensed as a real estate brokerage in: Alabama, Arizona, Arkansas, California (license number 2241129), Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

$2,580,000

$6,800Reward *

1885 Locust, Long Beach, CA 90806Listing ID SB26063418

1885 Locust, Long Beach, CA 90806

Active

Wrigley Area (WR)

Time on site: 127 days • Last updated: May 20, 2026

Property Type

Residential Income

Property Sub Type

Apartment

Square Feet

8,264

Acres

0.16

Days on Site

126

Year Built

1952

Stories

Excellent opportunity to acquire a 13-unit apartment complex in a strong rental pocket of Long Beach, just north of Downtown in the South Wrigley neighborhood. The property offers convenient access to the Metro A Line and major freeways (710, 405, 91), providing tenants with strong regional connectivity. Built in 1952, the asset features an attractive unit mix of ten (10) 1-bedroom/1-bath units, two (2) 2-bedroom/1-bath units, and one (1) 2-bedroom/2-bath townhouse-style unit. The property is gated, separately metered for gas and electricity, and includes on-site laundry for additional income. Recent improvements include exterior paint, upgraded electrical panel, new water heater, and completed SB 721 compliance, helping reduce near-term capital expenditure. Subject to AB 1482, offering investors a more predictable and flexible operating environment compared to stricter municipalities. Ideal for investors seeking stable cash flow with upside potential through rental increases and operational efficiencies. Strong fit for local buyers and 1031 exchange investors targeting a well-located Long Beach asset.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

SBVANVCHR • smollcri

1885 Locust, Long Beach, CA 90806

Market Report for 90806

Property Information

Property Details

Location

Interior Features

Other Rooms

Building

Building Information

Financial