OFF MARKET

Off market may 2025 for $1.6M

—

Est. refi paymentEst. refi $5,155/mo

•

4,432

sq ft

1716 Locust Ave, Long Beach, CA 90813

About this home

Nestled in the heart of Long Beach, this eight-unit residential property at 1716 Locust Avenue presents an attractive investment prospect. Strategically positioned just south of PCH, with easy access to both Long Beach Blvd and Pacific Avenue, the property offers convenience and desirability to potential tenants. Built in 1963, the building spans 4,432 square feet on a generously sized 6,144 square foot lot. Comprising a mix of six 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, this property showcases a diverse range of living spaces to accommodate various tenant needs. With a solid rental history, the property consistently generates $14,823 per month and $177,876 annually in rental income. Listed for sale at $1,725,000, the property presents an attractive investment opportunity, boasting nearly a 7% cap rate and a 9.70 Gross Rent Multiplier (GRM). With its combination of location, rental income, and investment potential, this property stands as a promising opportunity for investors seeking to expand their real estate portfolio in Long Beach.

Multi-familyProperty Type

1963Year Built

6,146 sq ftLot Size

$372Price/Sq.Ft.

4 spacesParking

Listed by John 'Jack' McCann •DRE #01963932

•310-408-0121 (agent)

•jack@lyonstahl.com (agent)

Bought with John Francis •DRE #02011898 • GT Investments

Redfin checked: a minute ago

•Source:TheMLS #24-468909

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 90813, CA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.4%

2.0% MoM

Median sale price

$686K

$24K MoM

Avg. days on market

56d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 3 HRS AGO
$1,899,000
2 beds12 baths5,036 sq ft
1208 Daisy Ave, Long Beach, CA 90813
NEW 25 HRS AGO
$445,000
1 bed1 bath910 sq ft
1598 Long Bch #401, Long Beach, CA 90813
NEW 26 HRS AGO
$545,000
2 beds2.5 baths1,230 sq ft
1598 Long Bch #407, Long Beach, CA 90813
$749,000
3 beds1 bath1,266 sq ft
1548 Pacific Ave, Long Beach, CA 90813
$535,500
2 beds2 baths920 sq ft
838 Pine #215, Long Beach, CA 90813
$725,000
2 beds2 baths1,419 sq ft
919 Hoffman, Long Beach, CA 90813
$519,000
2 beds2 baths920 sq ft
838 Pine #515, Long Beach, CA 90813
$1,900,000
7 beds14 baths6,441 sq ft
1085 Lewis, Long Beach, CA 90813
$530,000
2 beds2 baths872 sq ft
801 Pine Ave #303, Long Beach, CA 90813
(805) 244-6597
3D WALKTHROUGH
$599,000
2 beds1 bath903 sq ft
937 Martin Luther King Jr. Ave, Long Beach, CA 90813
See all

Provided by Redfin

Sale history for 1716 Locust Ave

Date

Event

Price

TheMLS #24-468909

May 9, 2025

Sold

$1,650,000

$372/sq ft

Feb 10, 2025

Listed

$1,725,000

$389/sq ft

TheMLS #15-821239

May 15, 2015

Sold

$920,000

$208/sq ft

Feb 26, 2015

Pending

—

Feb 3, 2015

Price Changed

$935,000

$211/sq ft

Jan 14, 2015

Listed

$995,000

$225/sq ft

PRICE REDUCED: Ideal non-rent control property in the heart of Long Beach, with an excellent unit mix. Fully occupied and cash flowing asset, ready to go for an investor. Well maintained by the current owner. Some units have been rehabbed with ceramic tile, upgraded cabinetry and counter tops. Individual water heaters to keep costs down for landlord. Please do not disturb tenants, they are not aware of sale.

SDMLS #301772346

May 15, 2015

Sold

$920,000

$208/sq ft

Jan 13, 2015

Listed

$935,000

$211/sq ft

Public Records

Oct 24, 2011

Sold

$655,000

$148/sq ft

CRMLS #P795494

Oct 15, 2011

Sold

$707,000

$160/sq ft

Sep 12, 2011

Listing Removed

—

Sep 2, 2011

Listed

$707,000

$160/sq ft

CRMLS #P784032

Aug 24, 2011

Listing Removed

—

Jun 23, 2011

Price Changed

$740,000

$167/sq ft

Jun 3, 2011

Price Changed

$769,000

$174/sq ft

Jun 3, 2011

Listed

$785,000

$177/sq ft

CRMLS #P776981

May 16, 2011

Listing Removed

—

May 5, 2011

Price Changed

$785,000

$177/sq ft

Apr 13, 2011

Price Changed

$830,000

$187/sq ft

Apr 9, 2011

Listed

$860,000

$194/sq ft

CRMLS #P741952

Sep 3, 2010

Listing Removed

—

Jul 2, 2010

Listed

$748,000

$169/sq ft

CRMLS #P726663

Jun 19, 2010

Listing Removed

—

Apr 15, 2010

Price Changed

$755,000

$170/sq ft

Mar 18, 2010

Listed

$770,000

$174/sq ft

CRMLS #P710866

Mar 13, 2010

Listing Removed

—

Jan 22, 2010

Price Changed

$795,000

$179/sq ft

Nov 12, 2009

Listed

$850,000

$192/sq ft

CRMLS #P692688

Oct 24, 2009

Listing Removed

—

Jun 24, 2009

Listed

$825,000

$186/sq ft

CRMLS #P645075

Nov 13, 2008

Listing Removed

—

Jul 2, 2008

Listed

$886,000

$200/sq ft

CRMLS #P642391

Jul 2, 2008

Listing Removed

—

Jun 15, 2008

Listed

$989,000

$223/sq ft

CRMLS #P588514

Jan 1, 2008

Listing Removed

—

Jul 11, 2007

Listed

$1,098,000

$248/sq ft

CRMLS #S424831

Apr 13, 2006

Sold

$790,000

$178/sq ft

Jan 25, 2006

Listed

$865,000

$195/sq ft

CRMLS #S416325

Jan 21, 2006

Listing Removed

—

Oct 23, 2005

Listed

$865,000

$195/sq ft

CRMLS #S405837

Oct 3, 2005

Listing Removed

—

Jul 25, 2005

Listed

$865,000

$195/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$15,617 (+4.6%)

$663,000 + $1,020,000

$1,683,000

2024

$14,936 (+1.8%)

$360,551 + $745,142

$1,105,693

2023

$14,672 (+6.4%)

$353,482 + $730,532

$1,084,014

2022

$13,789 (+2.2%)

$346,551 + $716,208

$1,062,759

2021

$13,490 (+0.3%)

$339,756 + $702,165

$1,041,921

2020

$13,455 (+1.2%)

$333,095 + $688,398

$1,021,493

2019

$13,297 (+3.0%)

$329,680 + $681,340

$1,011,020

2018

$12,909 (+1.1%)

$323,216 + $667,981

$991,197

2017

$12,771 (+7.5%)

$310,666 + $642,044

$952,710

2016

$11,881 (+35.5%)

$310,666 + $642,044

$952,710

2015

$8,767 (+0.3%)

$304,575 + $629,455

$934,030

2014

$8,743 (+1.5%)

$307,389 + $363,743

$671,132

2012

$8,610 (−18.2%)

$306,000 + $362,100

$668,100

2011

$10,522 (+1.1%)

$300,000 + $355,000

$655,000

2010

$10,405 (+0.8%)

$586,664 + $255,998

$842,662

2009

$10,325 (+7.3%)

$582,280 + $254,085

$836,365

2008

$9,618

$583,664 + $254,689

$838,353

Tax history for 1716 Locust Ave

Year

Property tax

Land + Additions

Assessment*

2025

$15,617 (+4.6%)

$663,000 + $1,020,000

$1,683,000

2024

$14,936 (+1.8%)

$360,551 + $745,142

$1,105,693

2023

$14,672 (+6.4%)

$353,482 + $730,532

$1,084,014

2022

$13,789 (+2.2%)

$346,551 + $716,208

$1,062,759

2021

$13,490 (+0.3%)

$339,756 + $702,165

$1,041,921

2020

$13,455 (+1.2%)

$333,095 + $688,398

$1,021,493

2019

$13,297 (+3.0%)

$329,680 + $681,340

$1,011,020

2018

$12,909 (+1.1%)

$323,216 + $667,981

$991,197

2017

$12,771 (+7.5%)

$310,666 + $642,044

$952,710

2016

$11,881 (+35.5%)

$310,666 + $642,044

$952,710

2015

$8,767 (+0.3%)

$304,575 + $629,455

$934,030

2014

$8,743 (+1.5%)

$307,389 + $363,743

$671,132

2012

$8,610 (−18.2%)

$306,000 + $362,100

$668,100

2011

$10,522 (+1.1%)

$300,000 + $355,000

$655,000

2010

$10,405 (+0.8%)

$586,664 + $255,998

$842,662

2009

$10,325 (+7.3%)

$582,280 + $254,085

$836,365

2008

$9,618

$583,664 + $254,689

$838,353

*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
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,146

Year renovated

2025

Sq. Ft.

4,432

Year built

1963

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

7269019035

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Sep 21, 2025.

Dec 23, 2025 • Final

Reroof

Tear off the existing roof and install new composition shingles on a single-family home and detached garage. The installation must comply with radiant barrier application requirements.

Roofing

Mar 15, 2017 • Final

Mechanical

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Garage
Driveway

Parking
# of Parking Spaces (Total): 4

Interior

Heating & Cooling
Wall/Window Unit Cooling
Wall Heat

Multi-Unit Income
Actual Annual Gross Rent: $177,876
Gross Income: 177876
Gross Operating Income: $172,540
Net Operating Income: $116,171

Multi-Unit Expenses
Total Annual Expense: $56,368

Multi-Unit Other Financial Information
Cap Rate: 6.73
Gross Rent Multiplier: 9.7
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Apartment
# of Buildings: 1

Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,906
Projected Rent: $13,200
Actual Rent: $11,433
# of Units: 6

Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,695
Projected Rent: $3,700
Actual Rent: $3,390
# of Units: 2

Exterior

Building Information
Total Floors: 2
Two Level
Attached

Property Information
Property Type: Residential Income

Land Information
Other Structures: None

Lot Information
Lot Size (Sq. Ft.): 6,146
Lot Size (Acres): 0.1411
Zoning: LBPD29

Financial

Assessment Information
Assessed Total Value: $1,062,759
Assessed Land Value: $346,551
Assessed Land %: 32.61
Assessed Improvement Value: $716,208
Assessed Improvement %: 67.39
Assessor Parcel Number: 7269-019-035

Location

Community Information
# of Units in Complex (Total): 8

Location Information
Directions: On Locust Ave

Public facts

Beds: 14
Baths: 8.0
Sq. Ft.: 4,432
Stories: —
Parking Spaces: 4
Basement: No
Accessible: No
Lot Size: 6,146 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: 2025
County: Los Angeles County
APN: 7269019035
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Sep 21, 2025

Other

Documents & Disclosures
Disclosures: None

Around this home

Schools

Roosevelt Elementary School

Public K-5 • Assigned • 0.3mi

5/10

Washington Middle School

Public 6-8 • Assigned • 1.0mi

4/10

Polytechnic High School

Public 9-12 • Assigned • 0.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 22-32% chance 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)

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.

9.1 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

NEW 34 HRS AGO

$2,375,000

20 beds10 baths6,710 sq ft

1503 N Stanton Pl, Long Beach, CA 90804

9,011 sq ft lot • Parking • Built 1960

$1,999,900

16 beds8 baths6,960 sq ft

1512 N Stanton, Long Beach, CA 90804

8,496 sq ft lot • Garage • Built 1990

$2,155,000

12 beds11 baths6,792 sq ft

727 Olive Ave, Long Beach, CA 90813

Onsite laundry • Heavily updated • New paint

$1,800,000

7 beds11 baths3,424 sq ft

227 Lime, Long Beach, CA 90802

11 unit building • 3,750 sq ft lot • 2 parking spots

$5,600,000

4 beds18 baths9,588 sq ft

515 W 3rd, Long Beach, CA 90802

Central hvac • 6,093 sq ft lot • Built 1928

$2,499,999

17 beds11 baths8,350 sq ft

1123 Cedar, Long Beach, CA 90813

System upgrades • New plumbing • Sealed roof

New listings for sale in 90813

NEW 3 HRS AGO

$1,899,000

2 beds12 baths5,036 sq ft

1208 Daisy Ave, Long Beach, CA 90813

12 units • Completely remodeled • New electrical

NEW 25 HRS AGO

$445,000

1 bed1 bath910 sq ft

1598 Long Bch #401, Long Beach, CA 90813

Private balcony • Fitness center • Inviting lobby

NEW 26 HRS AGO

$545,000

2 beds2.5 baths1,230 sq ft

1598 Long Bch #407, Long Beach, CA 90813

Central location • $708 HOA • 2 garage spots

$749,000

3 beds1 bath1,266 sq ft

1548 Pacific Ave, Long Beach, CA 90813

Updated bathroom • Gated driveway • Huge backyard

$535,500

2 beds2 baths920 sq ft

838 Pine #215, Long Beach, CA 90813

In unit laundry • Ocean views • Community garage

$725,000

2 beds2 baths1,419 sq ft

919 Hoffman, Long Beach, CA 90813

Detached garage • Two separate units • Close to shopping

$519,000

2 beds2 baths920 sq ft

838 Pine #515, Long Beach, CA 90813

Open-concept living • Spacious kitchen • Private balcony

$1,900,000

7 beds14 baths6,441 sq ft

1085 Lewis, Long Beach, CA 90813

91 walk score • 6,869 sq ft lot • Built 1923

$530,000

2 beds2 baths872 sq ft

801 Pine Ave #303, Long Beach, CA 90813

Private balcony • Rooftop views • Three sides exposure

(805) 244-6597

Home values near 1716 Locust Ave

Data from public records.

Address	Redfin Estimate
1745 Locust Avenue, Long Beach, CA 3 Beds \| 2 Baths \| 1046 Sq. Ft.	$634,161
1717 Locust Avenue, Long Beach, CA 2 Beds \| 1 Baths \| 864 Sq. Ft.	$593,472

Address	Redfin Estimate
1737 Locust Avenue, Long Beach, CA 2 Beds \| - Baths \| 640 Sq. Ft.	$548,169
1709 Locust Avenue, Long Beach, CA 3 Beds \| 1 Baths \| 836 Sq. Ft.	$639,428

Address	Redfin Estimate
1725 Locust Avenue, Long Beach, CA 1 Beds \| 1 Baths \| 724 Sq. Ft.	$356,666
1651 Locust Avenue, Long Beach, CA 2 Beds \| 1 Baths \| 659 Sq. Ft.	—

Property information provided by TheMLS when last listed in 2025. This data may not show owner updates. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

90803 homes for sale
90703 homes for sale
90807 homes for sale
90808 homes for sale
90815 homes for sale

Houses for rent in Long Beach	Agents near me	Irvine, CA homes for sale	Long Beach Housing Market
Houses for sale near me	San Diego, CA homes for sale	Fremont, CA homes for sale
Land for sale near me	San Francisco, CA homes for sale	Sacramento, CA homes for sale
Open Houses near me	Los Angeles, CA homes for sale	Long Beach Property Records
Condos for sale near me	San Jose, CA homes for sale	CA New Listings

Irvine homes for sale
Pasadena homes for sale
Los Angeles homes for sale

About this home

Redfin Estimate

Market trends in 90813, CA

Sale history for 1716 Locust Ave

Tax history for 1716 Locust Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 90813

Home values near 1716 Locust Ave

More real estate resources