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735 Locust Ave
For Sale $1,395,000 ($262.81 per Sq Ft)
$1,395,000 ($262.81 per Sq Ft)
- 8 Bedrooms
- 4.00 Bathrooms
- 5,308 Sq Ft
- 7,555 Sq Ft
Description
Charming 4-Unit Apartment Building in Prime Long Beach Neighborhood! Featuring stunning & historically significant architecture, this property has all of the beauty of old-world craftsmanship combined with modern-day luxuries. The unit layout consists of four 2 bed/1 bath units, all individually metered for power & gas, with laundry in each unit. Oversized windows w/ lots of natural light in every unit. Generously sized bedrooms. Complete roof replacement in 2025. Parking lot w/ 11 spaces at the rear of the property provides abundant parking for all tenants. Property is currently fully occupied w/ long term tenants. Just minutes to Long Beach Shoreline, Aquatic Park, & the Aquarium of the Pacific & steps to the best shopping, dining, & entertainment the neighborhood has to offer. A unique opportunity in a fantastic area!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,395,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 5,308 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1919 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7273022008 |
| MLS # | 25617831 |
| Property ID | 322345641 |
| Lot Sqft | 7,555 |
| Zoning | LBPD29 |
| Total Units | 4 |
| Days on Market | 29 |
| Original List Price | $1,395,000 |
| Date Updated | November 19, 2025 |
| Date Created | November 11, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $1,682 | $1,682 |
| Unit #2 | 2 | 1.00 | $2,007 | $2,007 |
| Unit #3 | 2 | 1.00 | $1,530 | $1,530 |
| Unit #4 | 2 | 1.00 | $1,971 | $1,971 |
| Gross Income (Yr) | $ 86,280 |
| Operating Expenses | $ 7,200 |
| Net Income (Yr) | $ 79,080 |
Listing Provided By
Oliver Moussazadeh an agent of . Lic #01721353
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