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© 2026 SHAYA LOWENSTEIN · LYON STAHL INVESTMENT REAL ESTATE830 S PACIFIC COAST HWY, SUITE D-200, EL SEGUNDO, CA 90245SHAYA@LYONSTAHL.COM · DRE #01942326
BUILDINGS/1629 LOCUST AVE
/// BUILDING FILE · ROLL 2025

1629 LOCUST AVE.

Long Beach, CA 90813 · APN 7269-011-009

/// WHERE DO WE REACH YOU?

ONE EMAIL, USED TO KEEP THIS LIST AND TO TELL YOU IF A WATCHED BUILDING LISTS OR SELLS. UNSUBSCRIBE ANY TIME.

UNITS

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BUILDING SF

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SF / UNIT

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YEAR BUILT

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BEDROOMS

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BATHROOMS

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USE · CODE 040V

LAND

/// ASSESSED VALUE
LAND$227,563
IMPROVEMENTS$0
TOTAL$227,563
LAND BASE YEAR2018
OWNERSHIP TENUREAPPROX. 8 YEARS

PROP 13 ASSESSED VALUES — USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.

/// LAST TRANSFER
RECORDEDMAY 1, 2018

No market sale detected on this parcel since 2021. The last recorded transfer may have been a refinance, trust move, or family transfer that didn't reset the Prop 13 base.

/// RENT CONTROL

Vacant / unimproved land.

Rent-control rules apply to occupied residential units, not raw land. What matters here is zoning, density programs like TOC and ED1, and what the dirt can carry.

TOC TIERS EXPLAINED →ED1 AFFORDABLE HOUSING →
/// ZIP 90813

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS
851 MARTIN LUTHER KING JR AVE→DEC 2024EST.$1,530,000$765,000UNITS21431 ELM AVE→DEC 2024EST.$2,262,500$188,542UNITS12727 MARTIN LUTHER KING JR AVE→DEC 2024EST.$600,000$300,000UNITS21040 N ALMOND CT→DEC 2024EST.$750,000$375,000UNITS21724 CHERRY AVE→DEC 2024EST.$2,125,000$265,625UNITS8336 E 8TH ST→DEC 2024EST.$4,000,000$307,692UNITS131700 PACIFIC AVE→DEC 2024EST.$1,751,000$175,100UNITS101036 CHERRY AVE→DEC 2024EST.$1,374,000$229,000UNITS6

PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR) — NOT VERIFIED CLOSING PRICES.

/// COMPARE

Buildings like this one.

ON LOCUST AVE · ZIP 90813

1013 LOCUST AVE→6 UNITS · BUILT 1905 · 5+ UNITS1020 LOCUST AVE→8 UNITS · BUILT 1987 · 5+ UNITS1025 LOCUST AVE→8 UNITS · BUILT 1920 · 5+ UNITS1106 LOCUST AVE→15 UNITS · BUILT 1975 · 5+ UNITS1112 LOCUST AVE→97 UNITS · BUILT 2023 · 5+ UNITS1121 LOCUST AVE→7 UNITS · BUILT 1911 · 5+ UNITS

SIMILAR SIZE AND ERA IN 90813

1019 OLIVE AVE→1020 E 10TH ST→1024 N NORMAN CT→1077 MARTIN LUTHER KING JR AVE→111 E 12TH ST→1115 OLIVE AVE→
EVERY BUILDING IN 90813 →LAND WORTH MORE THAN THE BUILDING →
/// COMMON QUESTIONS · 1629 LOCUST AVE

The short answers.

When did 1629 Locust Ave last change hands?

The most recent transfer on the roll was recorded May 2018. Not every recorded transfer is a market sale — refinances, trust transfers, and family conveyances all appear in the same field, and those do not reset the assessed value.

What is 1629 Locust Ave assessed at, and is that what it is worth?

The current assessed value is $227,563 ($227,563 land). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for.

How do I find out what 1629 Locust Ave would sell for today?

Public records give you the frame — units, size, age, assessed value, when it last traded — but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.

/// OWNER READING
WHAT IS MY BUILDING WORTH? →SELLING WITH TENANTS IN PLACE →HOW LA RSO WORKS →

Own this building?

FREE, CONFIDENTIAL VALUATION FROM CLOSED COMPS — 48H TURNAROUND.

WHAT'S IT WORTH_TALK TO SHAYA →

NOT SELLING? GET DEALS LIKE THIS FIRST →