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About This Home

This 6-bedroom, 4-bathroom multi-family at 1564 Locust in Long Beach, CA is listed for $1,125,000 ($325 per sqft). Built in 1963, the home offers 3,458 sqft of living space on a 0.07 acres lot.

Agent Description

This well-maintained 4-unit income property presents a strong opportunity for investors seeking stable, long-term rental income. The building features four units with functional layouts that provide comfortable living spaces and consistent tenant appeal.

The property is currently occupied by some long-term tenants and tenants within the last three years, offering immediate and reliable income with a proven rental history. Their extended tenancy reflects the overall desirability and stability of the property.

Public Street parking for the property is available on the street directly in front of the building, providing convenient access for residents and guests.

Located in a high-demand rental area of Long Beach, the property is close to schools, shopping, public transportation, and major freeways, making it attractive to a wide range of tenants.

Overall, this is a solid multi-unit investment with dependable income, minimal turnover, and strong long-term upside in a desirable market.

Key Features

  • Built in 1963
  • 0.07 acre lot
  • 2 stories

Property Details

2 stories
4 full
1963

Monthly Cost Estimate

$6,017/mo

20% down · 6.5% · 30 years

Principal$814
Interest$4,875
Insurance$328

Estimates only. Actual payments may vary.

Location

1564 Locust

Long Beach, CA 90813

Poly High (PH)

Features & Amenities

Interior Features

Copper Plumbing Full

Exterior Features

FenceCommunity Features Included: GuttersCurbsBikingSidewalksWalkstreet

Property Details

Parking

None

Heating

Wall Furnace

Cooling

None (Cooling)

Questions & Answers

This 6-bedroom, 4-bathroom multi-family at 1564 Locust is listed at $1,125,000 ($325/sqft). The estimated monthly payment is $4,875 based on 20% down at 6.5% interest.

Key features include: Built in 1963, 0.07 acre lot, 2 stories. Interior Features: Copper Plumbing Full. Exterior Features: Fence, Community Features Included: Gutters, Curbs.

This property is listed by Javier Alvarez and can be reached at 5623184021 or javier@alvarezreg.com.

JA

Javier Alvarez

Agent at Circle Real Estate

(562) 318-4021

Listed by Circle Real Estate · View on Broker Site

MLS# PW26065029· Source: listhub· Updated 68 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1564 Locust, Long Beach, CA 90813

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