Renee Matthews
Elevation Realty
(818) 463-1831
5 Total Sales
2 in Washington School
$280,000 Price Range
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.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 7,509
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2025
Closed on
Dec 3, 2025
Sold by
Bought by
Seller's Agent
Jon Swire
The Agency
Buyer's Agent
Jon Swire
The Agency
List Price
$2,275,000
Sold Price
$1,960,000
Premium/Discount to List
-$315,000
-13.85%
Views
6
Purchase Details
Closed on
Feb 13, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 1, 2015
Closed on
Mar 17, 2015
Sold by
Bought by
Seller's Agent
Cris Molles
The Realestate Group
Buyer's Agent
Cris Molles
The Realestate Group
List Price
$1,295,000
Sold Price
$1,277,000
Premium/Discount to List
-$18,000
-1.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 22, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
4.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.39%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 29, 2000
Sold by
Bought by
Purchase Details
Closed on
May 19, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Washington School, CA
-
Renee Matthews
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
1 in Washington School
$505,000 Price
-
Teriann McKenna
Teriann McKenna
TM Real Estate Services
(424) 396-2889
10 Total Sales
1 in Washington School
$253,000 Price
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
153 Total Sales
1 in Washington School
$663,000 Price
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
146 Total Sales
2 in Washington School
$275K - $283K Price Range
-
Melissa Barlow
Melissa Barlow
Responds QuicklyElite Representation Real Estate
(424) 704-9071
43 Total Sales
1 in Washington School
$1,150,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,960,000 | Monarch Title | ||
| $1,850,000 | Ticor Title Company | ||
| $1,277,000 | Title 365 | ||
| $933,000 | Fidelity National Title | ||
| -- | Lawyers Title | ||
| $760,500 | Lawyers Title | ||
| -- | -- | ||
| $225,000 | Continental Land Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,610,000 | ||
| Previous Owner | $1,295,000 | ||
| Previous Owner | $896,000 | ||
| Previous Owner | $699,000 | ||
| Previous Owner | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $28,569 | $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
Seller's Agent in 2025
Jon Swire
The Agency
(310) 948-2631
3 in this area
37 Total Sales
-
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.
© 2026 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.
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