2015 Locust Avenue
Long Beach, CA 90806
Map
- – beds
- – baths
- – sqft
- 4,750 sqft lot
- 1937 build
- – on site
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 value-add potential. The vacant one-bedroom unit offers immediate lease-up upside, while below-market rents in the occupied units present a path for long-term growth. An on-site laundry room—currently not in use—offers a simple way to add tenant convenience and generate additional monthly income. This is a well-located, income-producing asset poised to perform in one of Long Beach’s most accessible submarkets.
Last checked:
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Last updated Jul 11, 2025
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MLS# SB25149560 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1937
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3199.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Entry Location:1
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Laundry:See Remarks
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Laundry:1
Location
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Directions:Locust Ave and 20th St
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Latitude:33.79378400
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Longitude:-118.19136100
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LBR3T
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Lot Features:Rectangular Lot
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Lot Size Area:4750.0000
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Lot Size Acres:0.1090
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Lot Size SqFt:4750.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:E
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Tax Census Tract:5730.02
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Tax Lot:13
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7209018030
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Wrigley Area (WR)
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Subdivision:Wrigley Area (WR)
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:5.00
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Garage Spaces:2.00
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Uncovered Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/7/25
Jul 7, 2025
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Listed / Active | CRMLS_CA | $1,299,000 | 73.2% (10.7% / YR) |
|
9/11/18
Sep 11, 2018
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CRMLS_CA | $750,000 |
