For SaleRisky Deal2 days on market
835 Locust Ave Unit 518
835 Locust Ave Unit 518, Long Beach, CA 90813, Long Beach, CA 90813
$850,000
Estimate®:$837,100
Listing Price
835 Locust Ave Unit 518, Long Beach, CA 90813
Loc: Long Beach, CA
Days Listed
2
Tax Assessed
$758k
Estimate®
$837k
Market Rate
Lot Size
1.06 acres
Rent Estimate
$2,757/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
International Elementary School
K-5
0.1 mi away
4
Washington Middle School
6-8
1.5 mi away
7
Polytechnic High School
9-12
0.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Condominium2005CentralCentral Air2 Garage spaces$749 monthly2 Days$436
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.73%
Total ROI
-3.6%
Cash Flow
$-3,187/mo
DSCR
0.28
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,187/mo net cash flow with a 1.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Long Beach, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $850,000 | $436 |
| 2019-05-14 | Sold | $650,000 | $333 |
| 2019-04-11 | Pending sale | $649,999 | $333 |
| 2019-03-20 | Price change | $649,999 | $333 |
| 2019-02-22 | Listed for sale | $659,999 | $338 |
| 2019-02-04 | Sold | $630,000 | $323 |
| 2013-02-01 | Sold | $430,000 | $220 |
| 2012-11-16 | Price change | $439,000 | $225 |
| 2012-10-17 | Price change | $449,000 | $230 |
| 2012-09-11 | Listed for sale | $465,000 | $238 |
| 2011-03-04 | Listing removed | $1,900 | $1 |
| 2011-02-18 | Price change | $1,900 | $1 |
| 2011-01-01 | Listed for rent | $2,100 | $1 |
| 2009-09-17 | Sold | $350,000 | $179 |
| 2009-04-09 | Listing removed | $499,000 | $256 |
| 2008-07-24 | Price change | $499,000 | $256 |
| 2008-07-12 | Listed for sale | $590,000 | $302 |
| 2008-05-09 | Listing removed | $640,000 | $328 |
| 2008-02-26 | Listed for sale | $640,000 | $328 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $758,416 |
| 2025 | $9,771.83 | $725,084 |
| 2024 | $9,342.78 | $710,867 |
| 2023 | $9,182.1 | $696,929 |
| 2022 | $8,616.79 | $683,264 |
| 2021 | $8,439.7 | $669,868 |
| 2020 | $8,417.72 | $663,000 |
| 2019 | $8,417.72 | $474,674 |
| 2018 | $6,056.35 | $465,368 |
| 2017 | $6,056.35 | $456,244 |
| 2016 | $5,991.88 | $447,299 |
| 2015 | $5,570.14 | $440,581 |
| 2014 | $5,308.74 | $431,951 |
| 2012 | $0 | $359,687 |
| 2011 | $0 | $352,635 |
| 2010 | $0 | $350,000 |
| 2009 | $0 | $110,405 |
| 2008 | $0 | $108,241 |
| 2007 | $0 | $106,120 |
| 2006 | $0 | $104,040 |
| 2005 | $0 | $104,040 |
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