1641 Locust Ave, Long Beach, CA 90813
OFF MARKET
Listed by Kristopher German, RE/MAX 2000 REALTY, (909) 645-0443 . Bought with Nationwide Real Estate Execs

$2,245,000

Last sold price
  • 3 Beds
  • 14 Baths
  • 7,020 sqft

1641 Locust Ave, Long Beach, CA 90813

Washington School
Currently Off Market - Sold Jun 6, 2025 for $2,245,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Multi-Family Home
$2,700,000
05/14/26
16
14
7,780
0.11
Multi-Family Home
$1,900,000
12/19/25
11
10
6,423
0.10
Multi-Family Home
$1,960,000
12/17/25
19
9
7,176
0.34
Multi-Family Home
$2,140,000
11/13/25
12
12
6,402
0.33
Multi-Family Home
$2,020,000
04/29/26
14
10
6,922
0.44
Multi-Family Home
$2,280,000
10/06/25
15
12
7,166
0.38
Multi-Family Home
$1,575,000
02/24/26
2
9
4,051
0.58
Multi-Family Home
$1,760,000
07/02/26
4
8
5,498
0.23
Multi-Family Home
$1,066,000
05/07/26
4
7
4,452
0.46
Multi-Family Home
$1,600,000
04/14/26
-
7,226

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$1,629,900
14
8
4,432
Off Market
0.04
$2,700,000
16
14
7,780
Recently Sold
0.12
$1,600,000
1
41
7,100
For Sale
0.13
-
-
-
-
Off Market
0.08
$950,000
5
4
2,320
Recently Sold
0.10
$1,960,000
19
9
7,176
Recently Sold
0.08
$850,000
4
3
2,342
For Sale
0.09
$926,400
8
6
3,423
Off Market
0.10
$325,000
2
2
791
For Sale
0.10
$391,200
2
2
820
Off Market
0.15
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1641 Locust Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1927
7,020 sqft
Garage

About this House

NEW PRICE! Excellent Assumable Financing Available! 3.63% Interest Rate - Fixed for 7.5 Years! We are pleased to exclusively offer for sale this 14 unit multi-family investment in the city of Long Beach. The subject property consists of 3 separate structures of which, all units are separately metered for electricity and gas. Additionally there is a RUBS system currently in place in which the tenants are charged back for all usage of water and trash. This leads to almost no utility cost for the investor. Tenants enjoy gated private entry as well as 5 enclosed garage spaces that are rented out for additional income. A majority of the electrical and plumbing has been updated within the past 7 years as tenants vacate and the units are rehabbed. The roof was replaced within the last 7 years as well. There are currently 3 vacancies that are rent ready and will be held vacant at COE for a new buyer to choose their own tenants and attain market rent immediately. This is a true value-add opportunity as there is approximately 35-40% upside in rental income. Utilizing the assumable financing that is in place, a new investor can look to enjoy a 6.7% CASH-ON-CASH return on Day 1 with the current rental rates that are in place, with an even more significant cash return available upon stabilizing the asset with market rental rates.
1641 Locust Ave, Long Beach, CA 90813 is a 3 bedroom, 14 bathroom, 7,020 sqft multi-family in Washington School, built in 1927. It last sold for $2,245,000 on Jun 6, 2025 (8% below the $2,450,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $3,144/month.

Home Details for 1641 Locust Ave

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 14
Appliances & Utilities
Laundry: None
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5Has a GarageParking Spaces: 5Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 89

Property Information

Year Built
Year Built: 1927
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 7269011020

Price & Status

Price
List Price: $2,450,000
Status Change & Dates
Off Market Date: Fri Aug 25 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: Long Beach

Building

Building Area
Building Area: 7020 Square Feet

Community

Community Features: Curbs, Gutter(s), SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 7405 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan

Business

Expense
Tenant Pays: Electricity, Gas, Other

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: CV23068594Living Area Range Units: Square FeetAttribution Contact: 909-645-0443Back On Market Date: Mon Jul 17 2023Common Interest: Community ApartmentUniversal Property Id: US-06037-N-7269011020-R-N

Additional Information

CurbsGutter(s)Sidewalks

Price and Tax history

DateEventPrice
Jun 6, 2025
Source: CRMLS #CV23068594
Sold
$2,245,000
Aug 25, 2023
Source: CRMLS #CV23068594
Pending
$2,450,000
Jul 17, 2023
Source: CRMLS #CV23068594
PendingToActive
$2,450,000
Jun 29, 2023
Source: CRMLS #CV23068594
Pending
$2,450,000
May 30, 2023
Source: CRMLS #CV23068594
Listed For Sale
$2,450,000

Market trends in Long Beach

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$820K
$3.33K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$649
$3
MoM
Available listings
825
28
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Washington School

At least 1 Trulia users voted on each feature.
  • 100 % Say neighbors are friendly

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to grocery stores

  • 100 % Say there are sidewalks

  • 100 % Say it's dog friendly

  • 67 % Say streets are well-lit

  • 67 % Say it's walkable to restaurants

  • 50 % Say kids play outside

  • 50 % Say car is needed

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 33 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Great Cleaner uppers! Lots of changes in 50 years. We definatley need to Address the parking thing. "
  • Trulia User
    "We Have Alot of families, Children, & Pets in Our Washington Neighborhood. It Includes About 6, Really Great Picker- uppers here. Also added the occasional tree chained trashcan! I, Would like to see a BLOCK party on Locust! Carnival Style, for the kids. Games, Prizes, Hotdogs, tacos, ect. Would a Before Halloween event, on a block or 2 be permitted? Early Trick or Treat, and carnival games? LOVE IT! "
  • Trulia User
    "large community areas with public parks available at convenience. very nice, quite and warm home feeling. secured and well patrolled"
  • Crystal M.
    "People do not even stop at stop signs when driving. Ppl do not pick up after their dog nor have them on a leash"
  • Miyamoto M.
    "owners do not leach their dogs and sometimes they jump at you besides that they donโ€™t pick up the dog poop and you have a tendency for stepping on it from time to time"

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-18 16:48:47 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 1641 Locust Ave

  • What is the price history for 1641 Locust Ave?
    1641 Locust Ave in Long Beach, CA last sold for $2,245,000 in June 2025.
  • Is Long Beach a buyer's or seller's market?
    Long Beach is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Long Beach?
    The median sale price in Long Beach is $820K. That is up $3.33K from the prior month.
  • What are the closest schools to 1641 Locust Ave?
    The closest schools to 1641 Locust Ave in Long Beach, CA are Polytechnic High School (rated 7/10), Roosevelt Elementary School (rated 5/10), Washington Middle School (rated 4/10).

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