This is the high cash flow turn key multi-family you have been looking for! Every one of these units have been beautifully remodeled and all have their own private laundry! The rear building has had extensive updates and consist of 4 units offering refinished hardwood floors in some units while others have new water resistant laminate. Other upgrade includes new bathrooms, upgraded plumbing, lovely updated vintage kitchens loads of storage, mud rooms with rear exits and each with their own private laundry hook ups, new light fixtures, stainless appliances installed and much more! All located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that is absolutely incredible!! Offering soaring coved ceilings, stunning formal dining room with grand bay window and original huge with pocket doors! The gigantic formal living/family room has to bee seen with faux fireplace with all original built in book shelves. There is even a grand formal entry, gorgeous kitchen that is stunning to say the least with solid surface counter tops, amazing light fixtures offering many new upgrades but some original built-in cabinets remain. There are 2 bedrooms one leading out to a really cool private side patio exclusive to the unit and the other bedroom is on the second floor with an enormous walk in closet with access to an huge attic space and 1.5 baths total! The main floor bathroom is enormous and has been fully remodeled. The duplex has a new roof installed and the rear 4 unit has had white coating with a 5 year warranty for added heat prevention. There is a 1 stall detached garage currently used as storage that has the preliminary approval for an ADU conversion, and the finished plans will be provided to the Buyer! Also, the very unique PD-30 zoning on this particular property could allow you to possibly add MANY more units in the future! (Buyer to verify independently) Truly the possibilities are endless or keep it as it is making great cash flow! All units are separately metered for gas and electric. (All photos were taken after remodel and before tenants moved in, condition may vary)
Multi-familyProperty Type
1905Year Built
7,526 sq ftLot Size
$347Price/Sq.Ft.
1 garage spacesParking
Listed by Shawn Mohler•DRE #01910887• The Mohler Real Estate Group
Contact: 562-505-7953
Bought with General NONMEMBER•DRE #00582003• NONMEMBER MRML
Investors dream located in Downtown Long Beach! This sprawling 6 unit 7,524 square feet property framed in lush greenery has 2 quaint units in front and 4 units in back, perfect to accommodate several residents or renters with their own private space. With 6 total units, there are 5 1/1 units and 1 2/1 unit, each featuring seperate entries! Located only a few blocks from the beach, as well as convenient shops and dining along Pine Avenue, this residence makes living and enjoying life in Long Beach easy and accessible.
Public Records
Mar 8, 1983
Sold
$165,000
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20,505 (+4.7%)
$1,122,000 + $540,600
$1,662,600
2024
$19,592 (+1.7%)
$977,976 + $530,604
$1,508,580
2023
$19,259 (+21.1%)
$958,800 + $520,200
$1,479,000
2022
$15,908 (+9.9%)
$940,000 + $510,000
$1,450,000
2021
$14,469 (+197.8%)
$816,003 + $418,460
$1,234,463
2020
$4,858 (+1.1%)
$727,459 + $394,040
$1,121,499
2019
$4,803 (+4.0%)
$142,066 + $170,484
$312,550
2018
$4,617 (+1.1%)
$139,281 + $167,142
$306,423
2017
$4,569 (+7.8%)
$133,873 + $160,652
$294,525
2016
$4,237 (+3.7%)
$133,873 + $160,652
$294,525
2015
$4,086 (−0.2%)
$131,249 + $157,502
$288,751
2014
$4,093 (+1.6%)
$126,746 + $152,099
$278,845
2012
$4,030 (+3.9%)
$126,174 + $151,412
$277,586
2011
$3,879 (+1.1%)
$123,700 + $148,444
$272,144
2010
$3,838 (+1.7%)
$121,275 + $145,534
$266,809
2009
$3,775 (+7.1%)
$120,369 + $144,447
$264,816
2008
$3,526
$120,655 + $144,791
$265,446
Tax history for 1013 Locust Ave
Year
Property tax
Land + Additions
Assessment*
2025
$20,505 (+4.7%)
$1,122,000 + $540,600
$1,662,600
2024
$19,592 (+1.7%)
$977,976 + $530,604
$1,508,580
2023
$19,259 (+21.1%)
$958,800 + $520,200
$1,479,000
2022
$15,908 (+9.9%)
$940,000 + $510,000
$1,450,000
2021
$14,469 (+197.8%)
$816,003 + $418,460
$1,234,463
2020
$4,858 (+1.1%)
$727,459 + $394,040
$1,121,499
2019
$4,803 (+4.0%)
$142,066 + $170,484
$312,550
2018
$4,617 (+1.1%)
$139,281 + $167,142
$306,423
2017
$4,569 (+7.8%)
$133,873 + $160,652
$294,525
2016
$4,237 (+3.7%)
$133,873 + $160,652
$294,525
2015
$4,086 (−0.2%)
$131,249 + $157,502
$288,751
2014
$4,093 (+1.6%)
$126,746 + $152,099
$278,845
2012
$4,030 (+3.9%)
$126,174 + $151,412
$277,586
2011
$3,879 (+1.1%)
$123,700 + $148,444
$272,144
2010
$3,838 (+1.7%)
$121,275 + $145,534
$266,809
2009
$3,775 (+7.1%)
$120,369 + $144,447
$264,816
2008
$3,526
$120,655 + $144,791
$265,446
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7,526 Sq. Ft.
Year renovated
—
Sq. Ft.
1,829
Year built
1905
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7273006016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
PD-30
Planned Development-Downtown Long Beach District
The Planned Development (PD) District is established to allow flexible development plans to be prepared for areas of the City which may benefit from the formal recognition of unique or special land uses and the establishment of special design policies and standards not otherwise possible under conventional zoning district regulations. Purposes of the planned development district include permitting a compatible mix of land uses, allowing for planned commercial areas and business parks, and encouraging a variety of housing styles and densities.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Housing
Hotel / motel
Office
Public service
Theater / performing arts facility
Veterinary clinic
Park & open space
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 2
# of Garage Spaces: 1
None
# of Parking Spaces: 3
Interior
Laundry Information
Has Laundry
Individual Room, Inside
Heating Information
Floor Furnace, Wall Heater
Has Heating
Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Unit Type 1 Information
Unit Key Numeric: 11742996
Listing Key Numeric: 372852021
Actual Rent: $2,075
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $2,100
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11742997
Listing Key Numeric: 372852021
Actual Rent: $1,900
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $1,925
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 372852021
Unit Key Numeric: 11742998
Actual Rent: $2,000
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $2,025
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 372852021
Unit Key Numeric: 11742999
Actual Rent: $2,100
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $2,125
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 11743000
Listing Key Numeric: 372852021
Actual Rent: $1,975
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $2,000
Total # of Units: 1
Unit Type 6 Information
Listing Key Numeric: 372852021
Unit Key Numeric: 11743001
Actual Rent: $2,850
Total # of Baths: 2
# of Baths Full: 1
# of Baths Half: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $2,875
Total # of Units: 1
Expenses
Trash: $500
Total: $5,000
Insurance: $2,000
Water Sewer: $200
Electric: $200
Multi-Unit Information
Net Operating Income: $151,300
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 1,200
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 900
Sq. Ft.
Total Building Area: 4,693
Gross Scheduled Income: $156,300
Gross Income: $15,440
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 6
# Of Separate Electric Meters: 6
# Of Buildings: 2
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 6
Common Walls: No Common Walls
Parcel Number: 7273006016
Property Condition: Turnkey, Updated/Remodeled
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $5,000
Rent Control
Utilities
Utilities Information
Sewer: Public Sewer
Cable Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Sidewalks, Storm Drains, Street Lighting
Location Information
Latitude: 33.77933900
Longitude: -118.19145300
Other Subdivision Name: Downtown (DT)
Directions: West of Long Beach Blvd.
Subdivision Name: Downtown (DT)
Zoning: LBR4N
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,829
Stories: —
Lot Size: 7,526 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1905
Year Renovated: —
County: Los Angeles County
APN: 7273006016
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
IDX Contact Info: 562-505-7953
Days Active in MLS: 180
Continuous Days Active in MLS: 479
Listing Agent Information
List Agent First Name: Shawn
List Agent Last Name: Mohler
Listing Office Information
List Office Name: The Mohler Real Estate Group
Selling Agent Information
Buyer Agent First Name: General
Buyer Agent Last Name: NONMEMBER
Selling Office Information
Buyer Office Name: NONMEMBER MRML
Around this home
Schools
Roosevelt Elementary School
Public K-5 • Assigned • 0.6mi
5/10
Washington Middle School
Public 6-8 • Assigned • 1.4mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 0.7mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 88° expected this year, 23 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Long Beach, CA • 90813
Average low and high temperatures (°F)
69
50
69
52
72
55
71
56
73
60
75
63
80
65
81
66
79
67
75
60
70
54
67
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.