7.69% Cap Rate! With Still An Opportunity To Grow. Add This High Performing Multi Family Property To Your Investment Portfolio. With (3) 1 Bedroom 1 Bath, (1) 2 Bedroom 1 Bath and (1) 2 Bedroom 2 Bath Units. Along With 5 Single Garages With Alley Access. Makes It Convenient For Tenants To Come And Go. Coin Operated Laundry. Many Upgrades Have Been Done To The Property With A Newer Roof, Upgraded Electrical Panel And Upgrades Inside The Units. The Property Also Has A Long Driveway For Additional Parking. Centrally Located To Metro Blue Line, 710 Freeway, Shopping, Restaurants And Much More. You're Not Going To Want To Miss Out On This Golden Opportunity.
Sold for $1,135,000
Listing Provided by: Keller Williams Pacific Estate
Bought with: Century 21 Allstars
$1,135,000
2161 Locust Ave, Long Beach, CA 90806
7beds
6baths
2,695sqft
Mixed Use
Built in 1920
-- sqft lot
$-- Zestimate®
$421/sqft
$3,635 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,635/mo
Zestimate® history
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$7,125/mo
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Newer roof
Zillow last checked:
Listing updated:
Listing Provided by:
Jorge Mora DRE #01365167 jorge@themorarealtygroup.com,
Keller Williams Pacific Estate
Bought with:
Miguel Belmonte, DRE #01047933
Century 21 Allstars
Source: CRMLS,MLS#: PW25181530
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Central
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,695
- Total interior livable area: 2,695 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage
- Garage spaces: 5
- Uncovered spaces: 5
Features
- Levels: One
- Stories: 1
- Entry location: Street
- Pool features: None
Lot
- Size: 6,263 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 7208025011
- Zoning: LBR2N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Long Beach
- Subdivision: Wrigley Area (Wr)
HOA & financial
Other financial information
- Total actual rent: 9735
Other
Other facts
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $1,135,000-3%$421/sqft |
Source:  CRMLS #PW25181530 Report a problem | ||
| 8/19/2025 | Contingent | $1,170,000$434/sqft |
Source: CRMLS #PW25181530 Report a problem | ||
| 8/12/2025 | Listed for sale | $1,170,000-8.6%$434/sqft |
Source: CRMLS #PW25181530 Report a problem | ||
| 4/30/2021 | Sold | $1,280,000+193.6%$475/sqft |
Source: Public Record Report a problem | ||
| 6/26/2015 | Sold | $436,000+32.1%$162/sqft |
Source: Public Record Report a problem | ||
| 6/12/2003 | Sold | $330,000+21.3%$122/sqft |
Source: Public Record Report a problem | ||
| 2/21/2003 | Sold | $272,000+88.9%$101/sqft |
Source: Public Record Report a problem | ||
| 7/13/1999 | Sold | $144,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,686 +4.5% | $1,385,731 +2% |
| 2024 | $18,847 +1.9% | $1,358,565 +2% |
| 2023 | $18,500 +6.4% | $1,331,932 +2% |
| 2022 | $17,382 +102.1% | $1,305,820 +127.3% |
| 2021 | $8,602 +0.2% | $574,388 +1% |
| 2020 | $8,582 | $568,502 +21% |
| 2019 | $8,582 +37.4% | $469,960 +2% |
| 2018 | $6,248 | $460,750 +2% |
| 2017 | $6,248 +1.1% | $451,501 +2% |
| 2016 | $6,183 +7.2% | $442,649 +11.3% |
| 2015 | $5,765 +12.9% | $397,671 +2% |
| 2014 | $5,105 | $389,882 +2.5% |
| 2012 | -- | $380,511 +2% |
| 2011 | -- | $373,051 +0.8% |
| 2010 | -- | $370,264 -0.2% |
| 2009 | -- | $371,144 +2% |
| 2008 | -- | $363,868 +2% |
| 2007 | -- | $356,734 +2% |
| 2006 | -- | $349,740 |
| 2005 | -- | $349,740 +4% |
| 2004 | -- | $336,160 +120% |
| 2003 | -- | $152,812 +2% |
| 2002 | -- | $149,817 +4% |
| 2000 | -- | $144,000 |
Find assessor info on the county website
Neighborhood: Wrigley
Nearby schools
GreatSchools rating
- 5/10Robinson AcademyGrades: K-8Distance: 1 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.8 mi
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- California
- Los Angeles County
- Long Beach
- 90806
- Wrigley
- 2161 Locust Ave
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