2161 Locust Avenue, Long Beach, CA 90806

About this commercial property

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.

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history

$1,135,000

Sold September 2025 · listed $1,170,000, on market August 2025 · MLS #PW25181559 · Source: CRMLS

Listing Agent: Jorge Mora · Listing Office: Keller Williams Pacific Estate · Contact: jorge@themorarealtygroup.com · Bought with: Miguel Belmonte · Century 21 Allstars

$1,135,000

Sold September 2025 · listed $1,170,000, on market August 2025 · MLS #PW25181530 · Source: CRMLS

Listing Agent: Jorge Mora · Listing Office: Keller Williams Pacific Estate · Contact: jorge@themorarealtygroup.com · Bought with: Miguel Belmonte · Century 21 Allstars

$436,000

Sold June 2015 · listed $465,000, on market April 2015 · MLS #OC15076275 · Source: CRMLS

Listing Agent: John Cleary · Listing Office: Horizon Financial Serv · Contact: 714-633-2640 · Bought with: Denise Reesha · RE/MAX College Park Realty

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