Local rules require you to be signed in to see more photos.

Off market nov 2023 for $3.9M

—

Est. refi paymentEst. refi $24,065/mo

•

13,054

sq ft

945 Locust Ave, Long Beach, CA 90813

About this home

945 Locust Avenue is a 16-unit apartment property in Long Beach, California, adjacent to the vibrant East Village Arts District and Downtown. The controlled-access, all-electric, separately-metered building features two (2) 2BD / 2 BA units and fourteen (14) 2BD / 1 BA units. Seven (7) of the units are fully remodeled with new flooring, kitchens, stainless steel appliances, new bathrooms and modern fixtures and finishes. Double-pane windows are installed throughout the building for additional energy efficiency. An onsite laundry / storage room can provide extra income, and the eight (8) garages offer the opportunity for ADU conversion for additional rental income. 945 Locust Avenue is priced at 11.73 GRM and 5.39% cap rate at current rents.

Multi-familyProperty Type

1964Year Built

7,521 sq ftLot Size

$299Price/Sq.Ft.

8 car garageParking

Listed by Robert Stepp •DRE #01456379 • Keller Williams - Santa Monica

Bought with Robert Stepp •DRE #01456379 • Keller Williams - Santa Monica

Redfin checked: 2 minutes ago

•Source:CRMLS #PW23149053

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

99.4%

+2.4% MoM

Median sale price

$710K

$15K MoM

Avg. days on market

54d

15 days MoM

Recently sold homes

2 MoM

New listings for sale

$2,195,000
10 beds8 baths4,722 sq ft
1036 Cherry Ave, Long Beach, CA 90813
$979,000
4 beds— baths2,800 sq ft
1454 Magnolia, Long Beach, CA 90813
$525,000
2 beds2 baths1,085 sq ft
801 Pine Ave #205, Long Beach, CA 90813
OPEN OCT 13, 12PM TO 2PM
$648,800
3 beds1 bath1,662 sq ft
1700 E 7th, Long Beach, CA 90813
Vision Realty Plus, Inc
$3,700,000
30 beds16 baths10,432 sq ft
1019 Lewis, Long Beach, CA 90813
COMING SOON
$530,000
2 beds2 baths940 sq ft
1500 Pine, Long Beach, CA 90813
Century 21 Masters
See all

Provided by Redfin

Sale history for 945 Locust Ave

Date

Event

Price

CRMLS #PW23149053

Nov 14, 2023

Sold

$3,900,000

$299/sq ft

Sep 1, 2023

Pending

—

Aug 16, 2023

Contingent

—

Aug 15, 2023

Listed

$4,150,000

$318/sq ft

CRMLS #PW17067228

May 26, 2017

Sold

$3,525,000

$270/sq ft

May 9, 2017

Pending

—

Mar 31, 2017

Listed

$3,750,000

$287/sq ft

SDMLS #301701763

May 26, 2017

Sold

$3,525,000

$270/sq ft

Mar 24, 2017

Listed

$3,750,000

$287/sq ft

The Locust Avenue Apartments is a 16-unit apartment community located in the North Pine submarket of Long Beach, within Los Angeles County. The property is comprised of all two bedroom + one bath units and offers investors a great opportunity to acquire a value-add property in a strong non-rent controlled market.

Public Records

Jun 10, 2011

Sold

$1,500,000

$115/sq ft

CRMLS #P759337

May 10, 2011

Listing Removed

—

Nov 10, 2010

Listed

$1,675,000

$128/sq ft

Public Records

Jul 23, 1991

Sold

$190,000

$15/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$53,884 (+4.6%)

$2,585,700 + $1,392,300

$3,978,000

2024

$51,497 (−0.9%)

$2,585,700 + $1,392,300

$3,978,000

2023

$51,970 (+6.5%)

$2,535,000 + $1,365,000

$3,900,000

2022

$48,782 (+2.1%)

$2,755,330 + $1,176,870

$3,932,200

2021

$47,772 (+0.3%)

$2,701,304 + $1,153,795

$3,855,099

2020

$47,646 (+1.2%)

$2,648,338 + $1,131,172

$3,779,510

2019

$47,087 (+2.5%)

$2,621,183 + $1,119,574

$3,740,757

2018

$45,955 (+102.5%)

$2,569,788 + $1,097,622

$3,667,410

2017

$22,696 (+7.7%)

$1,159,100 + $496,756

$1,655,856

2016

$21,065 (+4.0%)

$1,159,100 + $496,756

$1,655,856

2015

$20,253 (+0.4%)

$1,136,373 + $487,016

$1,623,389

2014

$20,178 (+1.5%)

$1,097,379 + $470,305

$1,567,684

2012

$19,876 (+221.9%)

$1,092,420 + $468,180

$1,560,600

2011

$6,174 (+1.0%)

$1,071,000 + $459,000

$1,530,000

2010

$6,110 (+2.9%)

$36,769 + $312,691

$349,460

2009

$5,940 (+6.9%)

$36,495 + $310,355

$346,850

2008

$5,554

$36,582 + $311,093

$347,675

Tax history for 945 Locust Ave

Year

Property tax

Land + Additions

Assessment*

2025

$53,884 (+4.6%)

$2,585,700 + $1,392,300

$3,978,000

2024

$51,497 (−0.9%)

$2,585,700 + $1,392,300

$3,978,000

2023

$51,970 (+6.5%)

$2,535,000 + $1,365,000

$3,900,000

2022

$48,782 (+2.1%)

$2,755,330 + $1,176,870

$3,932,200

2021

$47,772 (+0.3%)

$2,701,304 + $1,153,795

$3,855,099

2020

$47,646 (+1.2%)

$2,648,338 + $1,131,172

$3,779,510

2019

$47,087 (+2.5%)

$2,621,183 + $1,119,574

$3,740,757

2018

$45,955 (+102.5%)

$2,569,788 + $1,097,622

$3,667,410

2017

$22,696 (+7.7%)

$1,159,100 + $496,756

$1,655,856

2016

$21,065 (+4.0%)

$1,159,100 + $496,756

$1,655,856

2015

$20,253 (+0.4%)

$1,136,373 + $487,016

$1,623,389

2014

$20,178 (+1.5%)

$1,097,379 + $470,305

$1,567,684

2012

$19,876 (+221.9%)

$1,092,420 + $468,180

$1,560,600

2011

$6,174 (+1.0%)

$1,071,000 + $459,000

$1,530,000

2010

$6,110 (+2.9%)

$36,769 + $312,691

$349,460

2009

$5,940 (+6.9%)

$36,495 + $310,355

$346,850

2008

$5,554

$36,582 + $311,093

$347,675

*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

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,521 Sq. Ft.

Year renovated

1965

Sq. Ft.

13,054

Year built

1964

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

7273013003

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
# of Garage Spaces: 8
# of Parking Spaces: 8

Interior

Laundry Information
Has Laundry
Community

Interior Features
Entry Level: 1
Entry Location: 1

Unit Type 1 Information
Unit Key Numeric: 11701753
Listing Key Numeric: 371810199
Actual Rent: $1,807
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $25,298
Total # of Units: 14

Unit Type 2 Information
Unit Key Numeric: 11701754
Listing Key Numeric: 371810199
Actual Rent: $1,973
Total # of Baths: 2
# of Baths Full: 2
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $3,946
Total # of Units: 2

Expenses
Trash: $6,461
Total: $119,668
Pest Control: $1,000
Maintenance: $11,200
Licenses: $1,500
Insurance: $11,000
Water Sewer: $4,782
Electric: $1,377
New Taxes: $51,985
Gardener: $1,200

Multi-Unit Information
Net Operating Income: $223,595
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: 13,054
Gross Scheduled Income: $353,880
Gross Multiplier: 11.73
Gross Income: $343,264
# Of Separate Water Meters: 1
# Of Separate Electric Meters: 16
# Of Buildings: 1

Exterior

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 16-20 Units/Acre

Property Information
Common Interest: Community Apartment
Total # of Units: 16
Common Walls: 2+ common walls
Parcel Number: 7273013003
Attached Property
Total # of Stories: 3
Year Built Source: Assessor

Financial

Lease / Rental Details
Operating Expense: $119,668
Other Expense: $4,800
Other Expense Description: Reserves
Rent Control

Utilities

Utilities Information
Sewer: Public Sewer
Water Source: District/Public

Location

Neighborhood Information
Community Features: Sidewalks

Location Information
Latitude: 33.77865200
Longitude: -118.19144700
Other Subdivision Name: Downtown (DT)
Directions: Long Beach Blvd & E 10th St
Subdivision Name: Downtown (DT)
Zoning: LBR4N

Public facts

Beds: 32
Baths: 16.0
Sq. Ft.: 13,054
Stories: —
Lot Size: 7,521 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1964
Year Renovated: 1965
County: Los Angeles County
APN: 7273013003

Home facts updated by county records on Oct 6, 2026

Other

Listing Information
Days Active in MLS: 17
Continuous Days Active in MLS: 17

Listing Agent Information
List Agent First Name: Robert
List Agent Last Name: Stepp

Listing Office Information
List Office Name: Keller Williams - Santa Monica

Selling Agent Information
Buyer Agent First Name: Robert
Buyer Agent Last Name: Stepp

Selling Office Information
Buyer Office Name: Keller Williams - Santa Monica

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)

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

$2,075,000

Studio12 baths5,020 sq ft

623 E Broadway, Long Beach, CA 90802

$2,800,000

12 beds12 baths6,480 sq ft

1070 Chestnut, Long Beach, CA 90813

$1,499,000

6 beds3 baths3,380 sq ft

219 E 10th St, Long Beach, CA 90813

$1,565,000

8 beds— baths5,490 sq ft

1952 Pine, Long Beach, CA 90806

$1,550,000

8 beds7 baths4,877 sq ft

1876 Henderson Ave, Long Beach, CA 90806

$2,225,000

16 beds10 baths7,128 sq ft

1135 Raymond Ave, Long Beach, CA 90804

New listings for sale in 90813

$2,195,000

10 beds8 baths4,722 sq ft

1036 Cherry Ave, Long Beach, CA 90813

$979,000

4 beds— baths2,800 sq ft

1454 Magnolia, Long Beach, CA 90813

$525,000

2 beds2 baths1,085 sq ft

801 Pine Ave #205, Long Beach, CA 90813

OPEN OCT 13, 12PM TO 2PM

$648,800

3 beds1 bath1,662 sq ft

1700 E 7th, Long Beach, CA 90813

Vision Realty Plus, Inc

$3,700,000

30 beds16 baths10,432 sq ft

1019 Lewis, Long Beach, CA 90813

COMING SOON

$530,000

2 beds2 baths940 sq ft

1500 Pine, Long Beach, CA 90813

Century 21 Masters

Home values near 945 Locust Ave

Data from public records.

Address	Redfin Estimate
1013 Locust Ave, Long Beach, CA 7 Beds \| 6.5 Baths \| 4693 Sq. Ft.	—
941 Locust Ave, Long Beach, CA 4 Beds \| 2 Baths \| 1503 Sq. Ft.	$741,083

Address	Redfin Estimate
948 Locust Ave, Long Beach, CA 8 Beds \| 4 Baths \| 4412 Sq. Ft.	$1,118,435
925 Locust Ave, Long Beach, CA 24 Beds \| 12 Baths \| 11489 Sq. Ft.	—

Address	Redfin Estimate
926 Locust Ave, Long Beach, CA 99 Beds \| 99 Baths \| 84119 Sq. Ft.	—
921 Locust Ave, Long Beach, CA 6 Beds \| 12 Baths \| 6396 Sq. Ft.	—

Property information provided by CRMLS when last listed in 2023. This data may not match . 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
90808 homes for sale
90815 homes for sale
90720 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 945 Locust Ave

Tax history for 945 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 945 Locust Ave

More real estate resources