Seller's Agent in 2025
Jon Swire
The Agency
(310) 948-2631
3 in this area
34 Total Sales
1775 Locust Ave Long Beach, CA 90813
Washington School Neighborhood
19
Beds
9
Baths
7,176
Sq Ft
7,509
Sq Ft Lot
About This Home
As of December 2025PRICE REDUCED $30K - and PRICED TO SELL. Currently under a 9 GRM and 7.1% CAP with upside to under an 8 GRM and 8.4% CAP. 9 units in Long Beach. Excellent unit mix for the area. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). 4 garages in the rear. On-site laundry. A number of units here are rented to Section 8 and Housing Programs - rents could easily be increased based on Payment Standards for the 90813 zip code. The 4 garages in rear could potentially be converted to ADU's - Buyer to verify. Qualified Buyers can put down as little as 25% on a new loan. Earn over 10% cash on cash against in place rents, and over 15% cash on cash at market. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Interior Spaces
- 7,176 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 19 Bedrooms
- 9 Bathrooms
Parking
- 4 Parking Spaces
- Assigned Parking
Additional Features
- 7,509 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 9 Units
Listing and Financial Details
- Assessor Parcel Number 7269-010-037
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/17/2025 12/17/25 | Sold | $1,960,000 | -2.9% | $273 / Sq Ft | |
| 11/12/2025 11/12/25 | Pending | -- | -- | -- | |
| 11/06/2025 11/06/25 | Price Changed | $2,019,000 | -1.0% | $281 / Sq Ft | |
| 11/06/2025 11/06/25 | Price Changed | $2,039,000 | -0.5% | $284 / Sq Ft | |
| 10/23/2025 10/23/25 | Price Changed | $2,049,000 | -1.3% | $286 / Sq Ft | |
| 09/29/2025 09/29/25 | Price Changed | $2,075,000 | -2.1% | $289 / Sq Ft | |
| 09/16/2025 09/16/25 | Price Changed | $2,120,000 | -1.1% | $295 / Sq Ft | |
| 09/15/2025 09/15/25 | Price Changed | $2,144,000 | 0.0% | $299 / Sq Ft | |
| 09/03/2025 09/03/25 | Price Changed | $2,145,000 | -0.2% | $299 / Sq Ft | |
| 07/10/2025 07/10/25 | Price Changed | $2,149,000 | -2.3% | $299 / Sq Ft | |
| 06/17/2025 06/17/25 | Price Changed | $2,200,000 | -3.1% | $307 / Sq Ft | |
| 06/06/2025 06/06/25 | Price Changed | $2,270,000 | -0.2% | $316 / Sq Ft | |
| 05/27/2025 05/27/25 | For Sale | $2,275,000 | +78.2% | $317 / Sq Ft | |
| 05/01/2015 05/01/15 | Sold | $1,277,000 | -1.4% | $178 / Sq Ft | View Prior Sale |
| 03/10/2015 03/10/15 | Pending | -- | -- | -- | |
| 03/01/2015 03/01/15 | For Sale | $1,295,000 | -- | $180 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,314 | $2,093,602 | $568,913 | $1,524,689 |
| 2024 | $27,314 | $2,052,552 | $557,758 | $1,494,794 |
| 2023 | $26,848 | $2,012,307 | $546,822 | $1,465,485 |
| 2022 | $25,212 | $1,972,850 | $536,100 | $1,436,750 |
| 2021 | $24,687 | $1,934,168 | $525,589 | $1,408,579 |
| 2019 | $24,334 | $1,877,900 | $510,000 | $1,367,900 |
| 2018 | $17,737 | $1,349,950 | $422,506 | $927,444 |
| 2016 | $16,303 | $1,296,474 | $406,100 | $890,374 |
| 2015 | $12,265 | $975,079 | $418,040 | $557,039 |
| 2014 | $12,217 | $955,980 | $409,852 | $546,128 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Swire
-
Cris Molles
C
Seller's Agent in 2015
Cris Molles
The Realestate Group
(310) 540-0072
1 in this area
4 Total Sales
Map
Source: The MLS
MLS Number: 25543763
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 1757 Long Beach Blvd
- 1868 Locust Ave
- 1636 Pacific Ave
- 302 E 19th St Unit 7
- 405 E Esther St
- 1557 Pine Ave
- 1598 Long Beach Blvd Unit 412
- 430 E Esther St
- 1526 Cedar Ave
- 1500 Pine Ave Unit 19
- 1567 Elm Ave
- 402 E 16th St
- 1924 Cedar Ave
- 1584 Elm Ave
- 412 E 16th St
- 1450 Locust Ave Unit 425
- 2044 Pacific Ave
- 1631 Atlantic Ave
- 1425 Cedar Ave
- 1415 Cedar Ave