PRICED TO SELL. 9.9 GRM AND 6.4% CAP with upside to a 7.1% CAP. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Only $290/SF. Located in the quiet residential Wrigley area, the property is professionally managed and well-maintained. Onsite laundry room. There are 5 garages in the rear, each could rent for as much as $125/garage. The Electrical Main Panel is 200 AMPS (Siemens) and the Subpanels are 50 AMPS (Siemens) - Buyer to verify. The seller spent over $175K at the time of purchase on new exterior paint, landscaping, and interior updates to units including new kitchen countertops, vinyl flooring and paint. Email Listing Agent for more info including a Rent Roll and actual expenses.
Sold for $1,745,000
Tax assessed value
$1,745,000
2073 Locust Ave #A, Long Beach, CA 90806
10beds
8baths
5,954sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$293/sqft
$3,112 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,112/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jonathan Swire DRE # 01336277 310-948-2631,
The Agency 424-230-3700
Bought with:
Ryan Pratt, DRE # 02179841
Skyline Commercial Real Estate
Source: CLAW,MLS#: 24-403303
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Wall
Cooling
- None
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 5,954
- Total interior livable area: 5,954 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned
- Garage spaces: 5
Features
- Levels: Two
Lot
- Size: 7,487 Square Feet
Details
- Additional structures: None
- Parcel number: 7209018010
- Zoning: LBR3T
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $1,700,618
- Annual tax amount: $23,874
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2024 | Sold | $1,745,000+0.9%$293/sqft |
Source:  CLAW #24-403303 Report a problem | ||
| 8/10/2024 | Pending sale | $1,729,000$290/sqft |
Source: CLAW #24-403303 Report a problem | ||
| 6/12/2024 | Listed for sale | $1,729,000$290/sqft |
Source: CLAW #24-403303 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,874 +3.2% | $1,745,000 +0.5% |
| 2024 | $23,137 +1.7% | $1,735,669 +2% |
| 2023 | $22,742 +6.5% | $1,701,658 +2% |
| 2022 | $21,357 +2.1% | $1,668,313 +2% |
| 2021 | $20,912 +0.3% | $1,635,622 +1% |
| 2020 | $20,857 | $1,618,862 +2% |
| 2019 | $20,857 +4% | $1,587,140 +2% |
| 2018 | $20,049 | $1,556,040 +103.5% |
| 2017 | $20,049 +89.5% | $764,640 +2% |
| 2016 | $10,579 +7.7% | $749,648 +1.5% |
| 2015 | $9,826 +4.3% | $738,388 +2% |
| 2014 | $9,421 | $723,925 +5.3% |
| 2010 | -- | $687,497 -0.2% |
| 2009 | -- | $689,131 +4% |
| 2007 | -- | $662,374 +135% |
| 2006 | -- | $281,880 |
| 2005 | -- | $281,880 +4% |
| 2004 | -- | $270,936 +3.9% |
| 2002 | -- | $260,757 +4% |
| 2000 | -- | $250,633 |
Find assessor info on the county website
Neighborhood: Wrigley
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Nearby schools
GreatSchools rating
- 5/10Robinson AcademyGrades: K-8Distance: 1 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.7 mi
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- California
- Los Angeles County
- Long Beach
- 90806
- Wrigley
- 2073 Locust Ave Unit A
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