1640 Locust, Long Beach, CA 90813 - Photo 1 of 20, Long Beach, CA
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$1,895,000

1640 Locust, Long Beach, CA 90813

13Beds
4Baths
0
38Days Listed

Listed by Hernan Hernandez, Excellence Premier Real Estate | 562-228-8811

About This Property

Attractive multifamily investment opportunity featuring a well-maintained asset with a stable base of long-term tenants and a favorable unit mix. The property is strategically located near downtown Long Beach, offering immediate access to the 710 Freeway, public transportation, and is approximately 1.3 miles from the coastline. The ownership has completed multiple capital improvements, including a partially replaced roof (approximately two years old), copper plumbing, updated electrical systems, and new water heaters. Select units at 1642 Locust (Units B, C, and D) have gas and electricity expenses paid by the owner. The property currently produces approximately $167,000 in annual gross income with clear upside potential. Rents have not been increased within the past year, allowing a new owner to implement a rent increase of up to 8.9%, in accordance with current Long Beach rent control regulations. The property is offered as-is. Buyers and buyers agents are responsible for conducting their own due diligence regarding physical condition, financials, and legal compliance. Seller intends to complete a 1031 exchange at no cost to the buyer.

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
13
Bathrooms
4
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Original Price
$1,895,000

Location & Neighborhood

What's nearby 1640 Locust, Long Beach, CA 90813

Lifestyle Summary

** Living at 1640 Locust in Long Beach means embracing a lifestyle that balances urban conveniences with a laid-back coastal vibe. The community's rich amenities, coupled with excellent schools and robust transportation options, create a perfect blend for those seeking a fulfilling life. Whether enjoying a day at the beach, dining out with friends, or participating in local events, residents will find endless opportunities to connect and thrive in this dynamic neighborhood.

🏘️Neighborhood Vibe

** Nestled in the vibrant heart of Long Beach, the area surrounding 1640 Locust boasts a lively community spirit with a blend of residential charm and urban convenience. The streets are lined with a diverse mix of architecture, and local art adds character to the neighborhood. Friendly neighbors and a sense of belonging make this locale perfect for those looking to settle in a welcoming community. **COMMUTER_SUMMARY:** With easy access to public transportation, commuting from this location is a breeze. The nearby Pacific Coast Highway train station and multiple bus stops ensure you can navigate the city efficiently, whether you're heading to work or exploring all that Long Beach has to offer. Residents appreciate the quick connections to major routes, making travel to Los Angeles and beyond straightforward. **FAMILY_SUMMARY:** Families will find a wealth of educational options in close proximity, with several elementary schools and Long Beach Polytechnic High School just a short walk away. The family-friendly atmosphere is further enhanced by the community’s parks and recreational facilities, encouraging outdoor play and social activities. This neighborhood provides an ideal backdrop for raising children, fostering a sense of security and camaraderie among families. **DINING_ENTERTAINMENT:** A variety of dining options are just around the corner, from cozy cafes to vibrant eateries offering global cuisine. Whether you're in the mood for a casual brunch or a night out at a trendy restaurant, the neighborhood caters to all tastes. Additionally, local shops and entertainment venues provide ample opportunities for shopping and leisure, ensuring there's always something to explore. **OUTDOOR_RECREATION:** Outdoor enthusiasts will love the proximity to Peace Park and Daryle Black Park, both offering ample green space for picnics, sports, and leisurely strolls. These parks serve as community hubs, hosting events and activities that bring residents together. The nearby beaches are just a short drive away, providing endless opportunities for sun, surf, and sand. **OVERALL_LIFESTYLE:** Living at 1640 Locust in Long Beach means embracing a lifestyle that balances urban conveniences with a laid-back coastal vibe. The community's rich amenities, coupled with excellent schools and robust transportation options, create a perfect blend for those seeking a fulfilling life. Whether enjoying a day at the beach, dining out with friends, or participating in local events, residents will find endless opportunities to connect and thrive in this dynamic neighborhood.

🚗Commuting

** With easy access to public transportation, commuting from this location is a breeze. The nearby Pacific Coast Highway train station and multiple bus stops ensure you can navigate the city efficiently, whether you're heading to work or exploring all that Long Beach has to offer. Residents appreciate the quick connections to major routes, making travel to Los Angeles and beyond straightforward. **FAMILY_SUMMARY:** Families will find a wealth of educational options in close proximity, with several elementary schools and Long Beach Polytechnic High School just a short walk away. The family-friendly atmosphere is further enhanced by the community’s parks and recreational facilities, encouraging outdoor play and social activities. This neighborhood provides an ideal backdrop for raising children, fostering a sense of security and camaraderie among families. **DINING_ENTERTAINMENT:** A variety of dining options are just around the corner, from cozy cafes to vibrant eateries offering global cuisine. Whether you're in the mood for a casual brunch or a night out at a trendy restaurant, the neighborhood caters to all tastes. Additionally, local shops and entertainment venues provide ample opportunities for shopping and leisure, ensuring there's always something to explore. **OUTDOOR_RECREATION:** Outdoor enthusiasts will love the proximity to Peace Park and Daryle Black Park, both offering ample green space for picnics, sports, and leisurely strolls. These parks serve as community hubs, hosting events and activities that bring residents together. The nearby beaches are just a short drive away, providing endless opportunities for sun, surf, and sand. **OVERALL_LIFESTYLE:** Living at 1640 Locust in Long Beach means embracing a lifestyle that balances urban conveniences with a laid-back coastal vibe. The community's rich amenities, coupled with excellent schools and robust transportation options, create a perfect blend for those seeking a fulfilling life. Whether enjoying a day at the beach, dining out with friends, or participating in local events, residents will find endless opportunities to connect and thrive in this dynamic neighborhood.

👨‍👩‍👧‍👦Family Living

** Families will find a wealth of educational options in close proximity, with several elementary schools and Long Beach Polytechnic High School just a short walk away. The family-friendly atmosphere is further enhanced by the community’s parks and recreational facilities, encouraging outdoor play and social activities. This neighborhood provides an ideal backdrop for raising children, fostering a sense of security and camaraderie among families. **DINING_ENTERTAINMENT:** A variety of dining options are just around the corner, from cozy cafes to vibrant eateries offering global cuisine. Whether you're in the mood for a casual brunch or a night out at a trendy restaurant, the neighborhood caters to all tastes. Additionally, local shops and entertainment venues provide ample opportunities for shopping and leisure, ensuring there's always something to explore. **OUTDOOR_RECREATION:** Outdoor enthusiasts will love the proximity to Peace Park and Daryle Black Park, both offering ample green space for picnics, sports, and leisurely strolls. These parks serve as community hubs, hosting events and activities that bring residents together. The nearby beaches are just a short drive away, providing endless opportunities for sun, surf, and sand. **OVERALL_LIFESTYLE:** Living at 1640 Locust in Long Beach means embracing a lifestyle that balances urban conveniences with a laid-back coastal vibe. The community's rich amenities, coupled with excellent schools and robust transportation options, create a perfect blend for those seeking a fulfilling life. Whether enjoying a day at the beach, dining out with friends, or participating in local events, residents will find endless opportunities to connect and thrive in this dynamic neighborhood.

🍽️Dining & Entertainment

** A variety of dining options are just around the corner, from cozy cafes to vibrant eateries offering global cuisine. Whether you're in the mood for a casual brunch or a night out at a trendy restaurant, the neighborhood caters to all tastes. Additionally, local shops and entertainment venues provide ample opportunities for shopping and leisure, ensuring there's always something to explore. **OUTDOOR_RECREATION:** Outdoor enthusiasts will love the proximity to Peace Park and Daryle Black Park, both offering ample green space for picnics, sports, and leisurely strolls. These parks serve as community hubs, hosting events and activities that bring residents together. The nearby beaches are just a short drive away, providing endless opportunities for sun, surf, and sand. **OVERALL_LIFESTYLE:** Living at 1640 Locust in Long Beach means embracing a lifestyle that balances urban conveniences with a laid-back coastal vibe. The community's rich amenities, coupled with excellent schools and robust transportation options, create a perfect blend for those seeking a fulfilling life. Whether enjoying a day at the beach, dining out with friends, or participating in local events, residents will find endless opportunities to connect and thrive in this dynamic neighborhood.

🌳Outdoor Recreation

** Outdoor enthusiasts will love the proximity to Peace Park and Daryle Black Park, both offering ample green space for picnics, sports, and leisurely strolls. These parks serve as community hubs, hosting events and activities that bring residents together. The nearby beaches are just a short drive away, providing endless opportunities for sun, surf, and sand. **OVERALL_LIFESTYLE:** Living at 1640 Locust in Long Beach means embracing a lifestyle that balances urban conveniences with a laid-back coastal vibe. The community's rich amenities, coupled with excellent schools and robust transportation options, create a perfect blend for those seeking a fulfilling life. Whether enjoying a day at the beach, dining out with friends, or participating in local events, residents will find endless opportunities to connect and thrive in this dynamic neighborhood.

Nearby Schools

Parks & Recreation

Transit Access

POI data updated 2/6/2026

Last updated: Jan 25, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,895,000