USACALong BeachNorth Long Beach (Nlb)1640 Locust Ave
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1640 Locust Ave, Long Beach, CA

Condo

For Sale

Listed price in listed location currency (USD).
$1,895,000

000

MLS® DW26017371

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 9
Approx. Age 1924
MLS® Number DW26017371

Property Address: 1640 Locust Ave, Long Beach, CA, 90813-1814

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

Description

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.
MLS® NumberDW26017371
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1924
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

Jan 24, 2026List Date
$1,895,000List Price

Home Appraisal

This property is estimated to sell between: $1,265,000 and $2,210,000.
Similar properties in this area sold on average for: $1,265,000
Expected to sell in 92 days. Similar properties sold in 101 days. This home has been on eXp Realty for 9 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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1640 Locust Ave, Long Beach, CA

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