NOT LISTED FOR SALE

2018 Locust Ave Unit 13 Long Beach, CA 90806

Southeast Wrigley Neighborhood
16 Beds
13 Baths
11,626 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: May 23, 2025

Last sale price $2,500,000 $215 Per Sq Ft

60 Days on Market

About This Home

As of May 2025

$275K PRICE REDUCTION - SELLER IS MOTIVATED. PRICED TO SELL - ONLY $226/SF. 13 units located in the Wrigley area of Long Beach subject to AB 1482 Rent Control (5% + CPI increases). Excellent unit mix for the area with onsite laundry and parking. 10.1 GRM on current rents with upside to 8.3 GRM and 7.9% CAP with all units at market rent. Property features 3 open parking spaces in the rear as well as 4 garages. There are also 2 covered garages in the front - possible ADU conversion - buyer to verify. Each unit also features it's own private balcony space. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 01/31/2025

The Agency

Last Buyer's Agent

Jon Swire

The Agency License #01336277 Listed on: 01/31/2025

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.3

Parking

  • 3 Open Parking Spaces
  • 6 Car Garage
  • Assigned Parking

Interior Spaces

  • 11,626 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 13 Bathrooms

Additional Features

  • 12,958 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 7209-013-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.3 Acres

Parking

6

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 11626
  • Lot Acreage: 0.2975
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 13.00
  • Price Per S Q F T: 225.79

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 3
  • Covered Parking: 6
  • Parking Garage: Assigned
  • Total Parking: 9

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 64.29
  • Assessed Improvement Value: 1929962
  • Assessed Land Percent: 35.71
  • Assessed Land Value: 1072201
  • Total Assessed Value: 3002163
  • Assessor Parcel Number: 7209-013-029
  • Lot Size Area: 12958

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.10
  • Number Of Units: 13
  • Type Of Units: Income
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

Source: Public Records

Average Home Value in this Area

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
05/23/2025 05/23/25 Sold $2,500,000 -4.8% $215 / Sq Ft
04/02/2025 04/02/25 Price Changed $2,625,000 -4.5% $226 / Sq Ft
03/16/2025 03/16/25 Price Changed $2,749,000 -1.8% $236 / Sq Ft
03/04/2025 03/04/25 Price Changed $2,799,000 -1.8% $241 / Sq Ft
02/17/2025 02/17/25 Price Changed $2,849,000 -1.8% $245 / Sq Ft
01/31/2025 01/31/25 For Sale $2,900,000 -- $249 / 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 $41,875 $3,062,206 $1,093,645 $1,968,561
2024 $40,009 $3,002,163 $1,072,201 $1,929,962
2023 $39,328 $2,943,298 $1,051,178 $1,892,120
2022 $36,935 $2,885,587 $1,030,567 $1,855,020
2021 $36,160 $2,829,008 $1,010,360 $1,818,648
2020 $36,064 $2,800,000 $1,000,000 $1,800,000
2019 $12,443 $827,688 $331,074 $496,614
2018 $11,962 $811,460 $324,583 $486,877
2016 $10,963 $779,952 $311,980 $467,972
2015 $10,564 $768,237 $307,294 $460,943
2014 $10,561 $753,189 $301,275 $451,914
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

    40 Total Sales

    Jon Swire
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25493741

The MLS
California Los Angeles County Long Beach 90806 Southeast Wrigley

2018 Locust Ave Unit 13, Long Beach, CA

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.

The MLS © 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.