We are proud to present 2015 Locust Avenue, a four-unit multifamily property located in the Wrigley neighborhood of Long Beach. Just north of Downtown and minutes from the 710 and 405 freeways, Wrigley offers residents convenient access to major employment centers, Long Beach City College, and the Metro A Line light rail. The neighborhood’s central location and strong rental demand make this asset ideal for investors seeking stability and long-term appreciation in a growing Long Beach submarket. Situated on a 4,750 SF lot, the property offers 3,199 SF of rentable space and features a desirable unit mix of one (1) three-bedroom, one-bath unit; one (1) two-bedroom, one-bath unit; and two (2) one-bedroom, one-bath units—one of which is currently vacant, providing immediate upside. Significant recent upgrades include exterior paint, new roof and gutters, garage doors, staircase rebuild, and one fully renovated unit in 2025. Additional improvements in prior years include new windows, plumbing updates, tankless water heaters, new fencing, and full or partial renovations of three other units, minimizing future capex needs for a new owner. 2015 Locust Avenue is an ideal opportunity for an investor to acquire a turnkey asset with strong in-place income of $104,820 per year and clear valu
MLS #
CRSB25149560
MLS Source
California Regional MLS
Days on Site
10
Pool
None
Garage/Parking
Garage: 2 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 4 |
2015 Locust Ave is a Residential Income in Long Beach, CA 90806. This – square foot property sits on a 4,750 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,299,000 and was built in 1937.
This address can also be written as 2015 Locust Ave, Long Beach, CA 90806.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 08, 2025. For the most current information, please contact Christopher Van Vuuren, (424) 220-8960