Currently, the real estate consists of a classic 1929 Spanish-Style duplex, that has Two (2) 2 Bedroom / 1 Bath Townhouses, and a HUGE expanse of land in the rear that has alley access. With new developments surrounding the property, this complex is in the path of progress, and is just one block to the Light Rail Blue Line, as well as Class A Apartment developments. Recently Re-Zoned (SP1 - Midtown Specific Plan), the site allows for Residential, and/or Commercial Use, with the potential for 15-40 Units. Currently, the owner has preliminary drawings for a 25 Unit project. Whether you add value by fixing up the Duplex to its original charm, while also creating utilizing the back lot, or building additional units, this site offers tremendous upside!
Multi-familyProperty Type
1929Year Built
0.28 acresLot Size
$572Est. Price/Sq.Ft.
4 spacesParking
Listed by Pat Swanson•DRE #01382974• Pat Swanson
Bought with David Shorter•DRE #01886301• David Shorter, Broker
RESIDENTIAL and/or COMMERICAL: GREAT MIXED-USE DEVELOPMEMT OPPORTUNITY on a VERY LARGE and RARE 12,325 sq. ft. LOT* at 1722 Locust Avenue near Long Beach Blvd and Pacific Coast Highway. This Property is Located in a Prime High-Demand Business and Residential Area that is ALSO near Public Transportation (Bus and Blue Line) and LBUSD Schools. Recently Re-Zoned for Commercial and/or Residential Use, this Unique Parcel has the Potential for 20+ Units. The Property Currently has a Duplex (which is likely a Tea
RESIDENTIAL and/or COMMERICAL: GREAT MIXED-USE DEVELOPMEMT OPPORTUNITY on a VERY LARGE and RARE 12,325 sq. ft. LOT* at 1722 Locust Avenue near Long Beach Blvd and Pacific Coast Highway. This Property is Located in a Prime High-Demand Business and Residential Area that is ALSO near Public Transportation (Bus and Blue Line) and LBUSD Schools. Recently Re-Zoned for Commercial and/or Residential Use, this Unique Parcel has the Potential for 20+ Units. The Property Currently has a Duplex (which is likely a Tear-Down) that Collects $2400 in Monthly Rent (with Upside Potential) and can Provide Cash Flow while Submitting Plans to the City of Long Beach Planning Department. (Buyer to Check and Verify All Information and Use with City - DETAILS: Check City of LB website for MIDTOWN SPECIFIC PLAN (6/14/2016) Transit Node District). * SEE MAP OF LOT DIMENSIONS IN PHOTOS
CRMLS #PW19154049
Nov 15, 2019
Sold
$810,000
$375/sq ft
Nov 6, 2019
Pending
—
Aug 22, 2019
Contingent
—
Jun 29, 2019
Listed
$825,000
$382/sq ft
RESIDENTIAL and/or COMMERICAL: GREAT MIXED-USE DEVELOPMEMT OPPORTUNITY on a VERY LARGE and RARE 12,325 sq. ft. LOT * at 1722 Locust Avenue near Long Beach Blvd and Pacific Coast Highway. This Property is Located in a Prime High-Demand Business and Residential Area that is ALSO near Public Transportation (Bus and Blue Line) and LBUSD Schools. Recently Re-Zoned for Commercial and/or Residential Use, this Unique Parcel has the Potential for 20+ Units. The Property Currently has a Duplex (which is likely a Tear-Down) that Collects $2400 in Monthly Rent (with Upside Potential) and can Provide Cash Flow while Submitting Plans to the City of Long Beach Planning Department. (Buyer to Check and Verify All Information and Use with City - DETAILS: Check City of LB website for MIDTOWN SPECIFIC PLAN (6/14/2016) Transit Node District). Also Listed as Land PW19154028 * SEE MAP OF LOT DIMENSIONS IN PHOTOS
CRMLS #PW19154028
Nov 15, 2019
Sold
$810,000
$375/sq ft
Nov 6, 2019
Pending
—
Aug 22, 2019
Contingent
—
Jun 29, 2019
Listed
$825,000
$382/sq ft
CRMLS #P795986
Oct 31, 2012
Sold
$359,000
$166/sq ft
Oct 1, 2012
Pending
—
Sep 10, 2011
Listed
$369,000
$171/sq ft
CRMLS #P693158
Jan 1, 2010
Listing Removed
—
Jun 27, 2009
Listed
$399,000
$185/sq ft
CRMLS #Y801848
May 29, 2009
Listing Removed
—
Mar 16, 2009
Price Changed
$469,000
$217/sq ft
Mar 10, 2008
Listed
$599,000
$278/sq ft
CRMLS #P589516
Feb 1, 2008
Listing Removed
—
Jul 17, 2007
Listed
$749,000
$347/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$14,304 (+3.6%)
$772,855 + $329,014
$1,101,869
2024
$13,803 (+1.7%)
$757,701 + $322,563
$1,080,264
2023
$13,577 (+6.5%)
$742,845 + $316,239
$1,059,084
2022
$12,749 (+23.0%)
$728,280 + $310,039
$1,038,319
2021
$10,365 (+0.3%)
$714,000 + $303,960
$1,017,960
2020
$10,338 (+91.2%)
$606,216 + $212,175
$818,391
2019
$5,406 (+6.2%)
$600,000 + $210,000
$810,000
2018
$5,092 (+1.1%)
$220,780 + $175,518
$396,298
2017
$5,039 (+7.7%)
$212,207 + $168,703
$380,910
2016
$4,680 (+4.1%)
$212,207 + $168,703
$380,910
2015
$4,496 (+0.5%)
$208,047 + $165,396
$373,443
2014
$4,475 (+255.0%)
$200,908 + $159,721
$360,629
2012
$1,261 (+3.7%)
$200,000 + $159,000
$359,000
2011
$1,215 (+1.0%)
$65,368 + $12,274
$77,642
2010
$1,203 (+1.9%)
$64,087 + $12,034
$76,121
2009
$1,181 (+6.6%)
$63,609 + $11,945
$75,554
2008
$1,108
$63,761 + $11,974
$75,735
Tax history for 1722 Locust Ave
Year
Property tax
Land + Additions
Assessment*
2025
$14,304 (+3.6%)
$772,855 + $329,014
$1,101,869
2024
$13,803 (+1.7%)
$757,701 + $322,563
$1,080,264
2023
$13,577 (+6.5%)
$742,845 + $316,239
$1,059,084
2022
$12,749 (+23.0%)
$728,280 + $310,039
$1,038,319
2021
$10,365 (+0.3%)
$714,000 + $303,960
$1,017,960
2020
$10,338 (+91.2%)
$606,216 + $212,175
$818,391
2019
$5,406 (+6.2%)
$600,000 + $210,000
$810,000
2018
$5,092 (+1.1%)
$220,780 + $175,518
$396,298
2017
$5,039 (+7.7%)
$212,207 + $168,703
$380,910
2016
$4,680 (+4.1%)
$212,207 + $168,703
$380,910
2015
$4,496 (+0.5%)
$208,047 + $165,396
$373,443
2014
$4,475 (+255.0%)
$200,908 + $159,721
$360,629
2012
$1,261 (+3.7%)
$200,000 + $159,000
$359,000
2011
$1,215 (+1.0%)
$65,368 + $12,274
$77,642
2010
$1,203 (+1.9%)
$64,087 + $12,034
$76,121
2009
$1,181 (+6.6%)
$63,609 + $11,945
$75,554
2008
$1,108
$63,761 + $11,974
$75,735
*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
4
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1929
Sq. Ft.
2,158
Year built
1929
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
7269019037
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Dec 7, 2021 • Final
Window changeout
Remodel
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
Parking / Garage Information
Uncovered Spaces: 4
# of Parking Spaces: 4
Interior
Laundry Information
None
Unit Type 1 Information
Unit Key Numeric: 10681160
Listing Key Numeric: 365013191
Actual Rent: $1,200
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $2,400
Total # of Units: 2
Expenses
Total: $18,155
Insurance: $1,600
Water Sewer: $960
New Taxes: $12,595
Multi-Unit Information
Net Operating Income: $9,781
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 2,158
Gross Scheduled Income: $28,800
Gross Income: $27,936
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 2
# Of Separate Electric Meters: 2
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Back Yard
Property Information
Total # of Units: 2
Common Walls: 1 common wall
Parcel Number: 7269019037
Attached Property
Year Built Source: Public Records
Financial
Lease / Rental Details
Operating Expense: $18,155
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 33.78854600
Longitude: -118.19056600
Other Subdivision Name: Corridor District
Directions: 1722 Locust Ave., Long Beach
Subdivision Name: Other (OTHR)
Zoning: LBPD29
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,158
Stories: —
Lot Size: 0.28 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1929
Year Renovated: 1929
County: Los Angeles County
APN: 7269019037
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 3
Continuous Days Active in MLS: 3
Listing Agent Information
List Agent First Name: Pat
List Agent Last Name: Swanson
Listing Office Information
List Office Name: Pat Swanson
Selling Agent Information
Buyer Agent First Name: David
Buyer Agent Last Name: Shorter
Selling Office Information
Buyer Office Name: David Shorter, Broker
Around this home
Schools
K - 12
Preschool & daycare
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 • 0.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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