#SB25126631, Nina Le, Listing office: Buckingham Investments, Inc

1640 Locust Ave Long Beach, CA 90813
Property details
About 1640 Locust Ave
This property has assumable financing at a great rate, value add, low rents, large unit mix, performing tenants, and a motivated seller who is open to carry the loan/seller finance the deal. Furthermore, is not contingent upon finding a replacement property. That is the difference from what you see on the market today. The OM is available for review to understand the deal and numbers.
Highlights
Summary
- Private Pool: No
- Parking: None
- List Price: $1,875,000
- HOA Amount: $0
- Annual Tax Amount: $22,286
- Tax Year: 2024
- Directions: Turn Left on Locust Ave
- Year Built: 1924
- Stories: 2
- Lot Size: 0.1704 Acres
- MLS Number: DW25065291
- MLS Name: CRMLS
- Office Name: eXp Realty of Greater L.A
- Office Phone: (562) 201-3612
- Listing Agent: Aaron Soliz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 10:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,875,000
1640 Locust Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 18, 2004 | Home Sold | $520,000 |
Nov 14, 1994 | Home Sold | $205,000 |
Feb 21, 1990 | Home Sold | $50,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,672,682 | $22,286 |
2023 | $1,639,885 | $21,908 |
2022 | $1,607,732 | $20,576 |
2021 | $1,500,000 | $19,239 |
2020 | $1,500,000 | $18,293 |
2019 | $1,400,000 | $17,538 |
2018 | $1,400,000 | $14,037 |
2017 | $1,100,000 | $14,037 |
History based on county public records data.
Nearby schools
6
Roosevelt Elementary School
Public District KG-5
0.3 mi
•1574 Linden Ave
4
Smith Elementary School
Public District KG-5
0.7 mi
•565 E Hill St
5
Oropeza Elementary School
Public District KG-5
0.8 mi
•700 Locust Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,300. Most Long Beach, CA residents have annual incomes less than $<35k. Residents typically live in single, with kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1640 Locust Ave
The listing price of 1640 Locust Ave property is $1,875,000.
The property 1640 Locust Ave is a condo located in Long Beach, California, 90813.
Active Listing: 1640 Locust Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1640 Locust Ave are: Roosevelt Elementary School (GreatSchools Rating 6/10), Smith Elementary School (GreatSchools Rating 4/10), Oropeza Elementary School (GreatSchools Rating 5/10), Washington Middle School (GreatSchools Rating 3/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Intellectual Virtues Academy (GreatSchools Rating 5/10), Educational Partnership High School (GreatSchools Rating 2/10), Polytechnic High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $22,286 (source: MLS/based on county public records data).
The last sale was on June 18, 2004 for $520,000 (source: MLS/tax record).
The property at 1640 Locust Ave has 0 bathroom.
The year of construction for 1640 Locust Ave is 1924.
This home is located at 1640 Locust Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $1,875,000.
In May 2025 more than 67 listings in Long Beach, CA were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 61 were sold below. The number of homes for sale in Long Beach, CA increased by 2.4% between April and May 2025. While the average time on the market in May 2025 was 27 days, the median list price was $830,000.