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2129 Locust Ave, Long Beach, CA, 90806

5beds
4baths
2,351sqft
$975,000
$415price/sqft
$6,795/moest. monthly cost
$271,800/yrincome needed

About This Home

We are pleased to present a 4-unit multifamily property. Built in 1928 originally as a triplex, the subject property consists of 2,351 rentable square feet spread throughout a 6,258 square foot lot. The property consists of a Two Bedroom + Den / One Bathroom House with 2 Existing One Bedroom / One Bathroom Units and 1 Brand new One Bedroom ADU. It contains three garages and one storage space.

Getting Around

84
WalkingVery Walkable
62
TransitGood Transit
75
BikeVery Bikeable

Schools

5/10
Robinson AcademyGrades K-81.0 mi
7/10
Polytechnic High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1928

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 2,351
  • Total interior livable area: 2,351 sqft

Property

Details

  • Parcel number: 7208025021
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Entry location: Front
  • Pool features: None

Lot

  • Lot size: 6,258 sqft
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,930$59,160
Home Insurance *$139$1,668
Property Taxes $1,222$14,664
Electricity $504$6,049
Total$6,795$81,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$232,971/yr
40% on housing$203,850/yr
45% on housing$181,200/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$415This listing

vs Other Active Listings

Avg $/sqft

ZIP 90806$443
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90806$600
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Listed for sale$995,000
2009-04-29Sold$290,000
2009-02-22Listed for sale$299,900
2009-01-22Sold$267,750
2008-09-28Price change$499,900
2008-08-23Listed for sale$549,900
2000-12-27Sold$181,900
1996-09-13Sold$87,000
1996-02-29Sold$126,000

For Sale by Agent

AgentKevin King
BrokerageMarcus & Millichap

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