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Closed
- Listed price
- $1,250,000
- Listed Aug 30, 2017
- Sold price
- $1,230,000
- Sold Sep 5, 2017
7,369 sqft lot|1920 Built|3 MLS days on market
1025 Locust Ave, Long Beach, CA 90813
Property Description
This classic 1920's 8 unit building is located in Downtown Long Beach. Great curb appeal, 5,498 Sf of living space, consisting of four large 1 Bedroom x 1 Bathroom units and four large studios, on a 7,500 Sf lot. Building is well managed, all eight units have been well maintained and in average plus condition. Four garages provides extra income. The City of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Port of Long Beach is undergoing $4.4 Billion dollars in future development that will create 14,000 new and permanent jobs in Southern California. The $495 million dollar Long Beach Courthouse opened in September 2013. Long Beach sustains its ability to attract renters of both residential and retail establishments due to its strong economy and great quality of life. This is a value added opportunity for an investor.
Listing agent: George BustamanteDRE #01484265GBustamante@cbcblair.com, Listing office: Coldwell Banker Commercial
MLS data updated 10/30/2026, 7:18:02 PM PT
Source: CRMLSMLS #: PW17202335
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,230,000
Sep 5, 2017
Available records22017
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90813 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90813 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.