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1911 Locust, Long Beach, CA 90806

$460K1bd · 1ba · 528 sqft
Lot 2,251 sqft•Single Family Residence•
Active
•82d on market•MLS# RS-26109563

Property Description

PRICED BELOW APPRAISED VALUE | AS-IS | ALL BUYERS WELCOME Classic 1925 Spanish-style bungalow on a 2,251 sq ft lot situated in a private gated community of six homes with dual gate access from main street and alley. Property has been independently appraised at $475,000 — currently listed below appraised value representing a value-add opportunity for the right buyer. Ideal for investors, flippers, contractors, developers or sweat equity buyers. Sold strictly AS-IS. No repairs, credits, or concessions. Seller has not conducted a formal inspection — buyer is strongly encouraged to conduct their own independent inspection prior to close. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and local beaches. Buyer to verify all information including permits, zoning, and square footage. Don't miss this opportunity!

Features & Amenities

Wrigley AreaFeeBuilt 1925

Property Details

Subdivision
Wrigley Area
Land Type
Fee
Year Built
1925
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace
Cooling
None
View
None
City
Long Beach
Zip Code
90806
County
Los Angeles
Listed byUnknown Office, Arnold Lopez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,326.01
Principal & Interest
Loan Amount
$368,000
Total Interest
$469,364
Total Payment Over 30 Years
$837,364
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Wrigley Area

This property is located in Wrigley Area, a community in Long Beach. Explore more listings in this neighborhood to compare options and pricing.

View Wrigley Area Listings

Comparative Market Analysis

Affordable Tier · 5 active · 3 closed

1911 Locust, Long Beach, CA 90806

Wrigley Area · Long Beach · Single Family Residence

$460K
Affordable Tier
Beds
1
Baths
1
Sqft
528
Lot
2,251 sqft
Year
1925
$/Sqft
$871
Pool: No✓
Spa: No✓
View: None✓

Listed 41.7% below the median closed sale of $789,000. Price per sqft ($871) is a 11% premium to closed comps ($782). Closed comps sold at 108% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $460K· $871/sqft
Total list price
Closed comps
vs closed median $789K
−$329K (−41.7%)
Active comps
vs active median $550K
−$90K (−16.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,088
−$217 (−20.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1819 Cerritos AvenueLong Beach1924115161,602$1,025$529,000882
125 68th WayLong Beach1924115582,885$984$549,0007078
523 OliveLong Beach1912115561,473$1,160$645,0006078
1045 New YorkLong Beach1922116491,856$847$550,0004375
1345 TerminoLong Beach1923215962,501$1,426$850,00016374
Total: 5 · Average1.21.05752,063.4$1,088.4$624,60068.8
Median558$550,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2170 Golden AvenueLong Beach193808/20/2026211,0062,682$789,000$789,000$7841.009963
2676 GoldenLong Beach194606/18/2026311,0056,384$770,000$745,000$7410.974453
3324 MaineLong Beach194407/31/2026311,0116,887$649,000$830,000$8211.283651
Total: 3 · Average2.71.01,007.3335,317.667$788,000$788,000$782—59.666666666666664
Median1,006$789,000$789,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.