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
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
-- mins to
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
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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 |
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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 |
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Cumulative Days on Market: 89 |
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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 |
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Price List Price: $2,450,000 |
Status Change & Dates Off Market Date: Fri Aug 25 2023 |
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MLS Status: Closed |
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Direction & Address City: Long Beach |
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Building Area Building Area: 7020 Square Feet |
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Community Features: Curbs, Gutter(s), SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 7405 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan |
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Expense Tenant Pays: Electricity, Gas, Other |
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Has Rent Control |
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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 |
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CurbsGutter(s)Sidewalks |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Jan 13, 2006 Source: N/A | Sold | $1,169,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $2,292,700 |
Home facts updated by county records
Market trends in Long Beach
Last updated August 2026
Avg. sale price
$820K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$649
$3MoM
Available listings
825
28MoM
Around this home
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.
LGBTQ Local Legal Protections
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
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).