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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.
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
Monthly Cost Estimate
$6,017/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1564 Locust
Long Beach, CA 90813
Poly High (PH)
Features & Amenities
Interior Features
Exterior Features
Property Details
Parking
Heating
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.








