1025 Locust Avenue, Long Beach, California 90813, Long Beach, 90813 - bed, bath
1025 Locust Avenue
Long Beach, California 90813
Property Price
SUMMARY
Analysis of 1025 Locust Avenue, Long Beach, California 90813 is currently available with a list price of $1,810,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1923 property is in high-quality, move-in ready condition due to extensive recent renovations. Key updates include remodeled kitchens with quartz/granite countertops, updated bathrooms, refurbished original hardwoods, and the installation of 44 new windows in 2021. While the building maintains its historic character, the systems are well-maintained and the interiors feature modern fixtures and flooring. It falls short of 'excellent' only due to its century-old structural age and the use of window AC units rather than central HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Upside
The property is exempt from citywide rent control and located in a federal Opportunity Zone, providing landlords with rare rental flexibility and significant potential tax advantages.
- Turnkey Historic Condition
This 1920s trophy asset features extensive recent upgrades, including 44 new windows, remodeled kitchens and baths, and refreshed exteriors, blending classic architectural charm with modern functionality.
- Development & ADU Potential
With four existing garages and a spacious backyard, the lot offers excellent potential for ADU conversion or increased density, taking advantage of its proximity to mass transit.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure Risks
Despite recent cosmetic and window upgrades, a building from 1923 may have underlying plumbing, electrical, or structural components that require specialized maintenance common to century-old properties.
- Lack of Central HVAC
The reliance on window AC units rather than a modern centralized cooling system may limit the property's appeal to premium-tier tenants and affect long-term energy efficiency.
About 1025 Locust Avenue
Don’t miss this rare opportunity to own a turnkey Downtown Cash Cow! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city’s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street’s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture – boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. “Pride of Ownership” is evident. Recent interior upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. Recent exterior upgrades include: New common area plank flooring, New landscaping, exterior paint and trim, new garage/auto door, and concrete driveway. The units are much larger than many of the nearby apartment units. The oversized 3-room studios include galley style kitchens with counter to ceiling cabinets, walk-in closets and the extremely large 1 bedrooms offer full-size kitchens, walk-in showers, bathtubs and a service porch. Additional investor notables: spacious backyard area and four garages offer great duplex ADU building potential; new statewide density and parking requirements for multi-units near mass transit offers similar development upside as 97-unit 1112 Locust apartment building; improve best use of 5,498 sq. ft building space to double current bedroom count or increase income immediately with fully furnished apartments similar to current AirBnB Apt. #6. Don’t miss this rare opportunity to own a turnkey Cash Cow and a legacy of authentic history while taking full advantage of endless income growth. Seller MOTIVATED!!
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1923
- Lot Size
- 7,356 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,498 | 4,519 | 50% |
| Lot Size | 7,356 | 7,079 | 50% |
| Price | $1.81M | $1.55M | 50% |
| Price per sq ft | $329 | $327 | 50% |
| Built year | 1923 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 215 | 25% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,810,000
$1,825,000
-1% Price Drop
Initial Listing
Price Change
Jan 21, 2026
$1,825,000
$1,850,000
-1% Price Drop
Initial Listing
Price Change
Jan 5, 2026
$1,850,000
$1,875,000
-1% Price Drop
Initial Listing
Price Change
Dec 5, 2025
$1,875,000
Initial Listing
Sold
Sep 1, 2017
$1,230,000
Public Record
Sold
Jul 16, 2014
$720,000
Public Record