Must See Property. Exceptional IN & OUT. Extensive upgrades in the last two years. New Electric in the past two years, upgraded plumbing, cabinetry, fixtures, dishwashers, floor Coverings. 12 Large 2 bed/1 bath units each about 950.sqft. Fabulous Court Yard and lots of charm. Buyer to cooperate with sellers 1031 exchange with no additional cost to buyer. Poperty shown with Accepted offer only! Please do not disturb tenants.
Multi-familyProperty Type
1923Year Built
0.26 acresLot Size
$159Price/Sq.Ft.
8 garage spacesParking
Listed by Peter Zouvas•DRE #00759550• Zouvas Investment Group
Must See Property. Exceptional In & Out. Extensive Upgrades. All New Electrical. Plumbing Upgraded. All New Cabinetry, fixtures, appliances, Dishwashers, floor & Window Coverings. Large Units Easy To Rent.
Year
Property tax
Land + Additions
Assessment*
2025
$35,163 (+4.7%)
$1,143,114 + $1,451,644
$2,594,758
2024
$33,594 (+1.7%)
$1,120,700 + $1,423,181
$2,543,881
2023
$33,022 (+6.4%)
$1,098,726 + $1,395,276
$2,494,002
2022
$31,024 (−5.9%)
$1,077,183 + $1,367,918
$2,445,101
2021
$32,983 (+8.9%)
$1,056,062 + $1,341,097
$2,397,159
2020
$30,278 (+1.2%)
$1,035,355 + $1,314,801
$2,350,156
2019
$29,926 (+3.0%)
$1,024,739 + $1,301,320
$2,326,059
2018
$29,065 (+1.1%)
$1,004,647 + $1,275,804
$2,280,451
2017
$28,760 (+25.0%)
$965,637 + $1,226,264
$2,191,901
2016
$23,016 (+7.5%)
$965,637 + $1,226,264
$2,191,901
2015
$21,409 (+3.3%)
$801,600 + $1,028,400
$1,830,000
2014
$20,722 (+3.8%)
$725,000 + $930,000
$1,655,000
2012
$19,955 (+2.4%)
$690,000 + $885,000
$1,575,000
2011
$19,497 (+0.4%)
$690,000 + $885,000
$1,575,000
2010
$19,412 (−18.1%)
$690,000 + $885,000
$1,575,000
2009
$23,701 (+7.3%)
$690,000 + $885,000
$1,575,000
2008
$22,086
$870,274 + $1,105,161
$1,975,435
Tax history for 925 LOCUST Ave
Year
Property tax
Land + Additions
Assessment*
2025
$35,163 (+4.7%)
$1,143,114 + $1,451,644
$2,594,758
2024
$33,594 (+1.7%)
$1,120,700 + $1,423,181
$2,543,881
2023
$33,022 (+6.4%)
$1,098,726 + $1,395,276
$2,494,002
2022
$31,024 (−5.9%)
$1,077,183 + $1,367,918
$2,445,101
2021
$32,983 (+8.9%)
$1,056,062 + $1,341,097
$2,397,159
2020
$30,278 (+1.2%)
$1,035,355 + $1,314,801
$2,350,156
2019
$29,926 (+3.0%)
$1,024,739 + $1,301,320
$2,326,059
2018
$29,065 (+1.1%)
$1,004,647 + $1,275,804
$2,280,451
2017
$28,760 (+25.0%)
$965,637 + $1,226,264
$2,191,901
2016
$23,016 (+7.5%)
$965,637 + $1,226,264
$2,191,901
2015
$21,409 (+3.3%)
$801,600 + $1,028,400
$1,830,000
2014
$20,722 (+3.8%)
$725,000 + $930,000
$1,655,000
2012
$19,955 (+2.4%)
$690,000 + $885,000
$1,575,000
2011
$19,497 (+0.4%)
$690,000 + $885,000
$1,575,000
2010
$19,412 (−18.1%)
$690,000 + $885,000
$1,575,000
2009
$23,701 (+7.3%)
$690,000 + $885,000
$1,575,000
2008
$22,086
$870,274 + $1,105,161
$1,975,435
*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
Permits
Beds
24
Baths
12
Stories
—
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
1923
Sq. Ft.
11,489
Year built
1923
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7273013007
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
Jan 14, 2016 • Final
Plumbing
Plumbing
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
# of Garage Spaces: 8
# of Parking Spaces: 16
Interior
Laundry Information
Community
Kitchen Information
Appliances: Dishwasher, Free Standing, Gas Cooking, Range, Refrigerator
Flooring Information
Carpet, Vinyl
Heating Information
Natural Gas, Wall Heater
Has Heating
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 236804
Listing Key Numeric: 1407502
Actual Rent: $1,025
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $12,300
Total # of Units: 12
Expenses
Trash: $1,260
Pest Control: $540
Maintenance: $1,500
Licenses: $190
Insurance: $4,160
Water Sewer: $1,584
Electric: $1,800
New Taxes: $23,125
Gardener: $720
Multi-Unit Information
# of Units With Refrigerator: 12
# of Units With Drapes: 12
# of Units With Disposal: 12
# of Units With Dishwasher: 12
# of Units With Carpet: 12
Net Operating Income: $91,879
Average 2 Bed Area: 950
Total Building Area: 11,489
Gross Scheduled Income: $154,800
Gross Multiplier: 11.95
Gross Income: $12,900
Laundry Equipment Own or Lease: Lease
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 12
# Of Separate Electric Meters: 12
# Of Buildings: 2
Vacancy Allowance Rate: 3
Vacancy Allowance: 4644
Exterior
Exterior Information
Roof: Clay
Construction Materials: Frame, Stucco
Lot Information
Lot Size Source: Assessor's Data
Property Information
Total # of Units: 12
Parcel Number: 7273013007
Financial
Lease / Rental Details
Operating Expense: $45,359
Other Expense Description: 0
Tenant Pays: Cable TV, Electricity, Gas
Total Actual Rent: $147,600
Utilities
Utilities Information
Water Source: District/Public
Location
Location Information
Latitude: 33.77833000
Longitude: -118.19108000
Public facts
Beds: 24
Baths: 12.0
Sq. Ft.: 11,489
Stories: —
Lot Size: 0.26 acres
Style: Multi-Family (5+ Unit)
Year Built: 1923
Year Renovated: 1923
County: Los Angeles County
APN: 7273013007
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 139
Continuous Days Active in MLS: 139
Listing Agent Information
List Agent First Name: Peter
List Agent Last Name: Zouvas
Listing Office Information
List Office Name: Zouvas Investment Group
Selling Agent Information
Buyer Agent First Name: Marna
Buyer Agent Last Name: Brennan
Selling Office Information
Buyer Office Name: First Team Real Estate
Around this home
Schools
International Elementary School
Public K-5 • Assigned • 0.2mi
5/10
Washington Middle School
Public 6-8 • Assigned • 1.4mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 0.8mi
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.