1148 Locust Avenue
Long Beach, CA, 90813
$850,000
MLS: PW26109545
Beds
3
Baths
4
Sq Ft
1,706
Lot
0.09 ac
Year Built
1915
MLS #
PW26109545
Days on Market
13
Listed
May 20, 2026
Description
Located in the heart of vibrant Long Beach, this completely reimagined property at 1148 Locust Avenue presents a rare opportunity to own a fully remodeled home with a detached ADU in one of the city’s most desirable urban neighborhoods. Originally built in 1915, this turnkey residence has been extensively rebuilt with modern systems, designer finishes, and quality craftsmanship throughout. The main residence offers approximately 1,706 square feet of living space with 3 bedrooms and 2 bathrooms, along with a detached ADU featuring its own bathroom and separate utilities ideal for multigenerational living, guests, or rental income potential. This custom remodel includes brand-new plumbing, all new electrical, and dual electrical panels servicing both the front home and ADU separately. Additional upgrades include new drywall, insulation, luxury flooring throughout, fully remodeled bathrooms with new toilets and custom showers, and brand new mini split systems for efficient heating and cooling. The home also features all-new lighting, high end windows, fresh interior and exterior paint, and a completely redesigned kitchen with new custom cabinetry and modern finishes. Inside, the home blends contemporary style with comfortable living spaces, highlighted by a remodeled kitchen, upgraded bathrooms, vinyl flooring, and abundant natural light throughout. The detached ADU adds versatility and long-term value to this exceptional property. Situated in the sought after Downtown/Alamitos Beach area, this property offers close proximity to dining, shopping, entertainment, beaches, and major commuter routes while delivering the comfort and peace of mind of a fully rebuilt modern home.
Location
Long Beach, Los Angeles County, CA 90813
Open on Google Maps ↗Listed by: Rick Lee · Real Broker
Payment estimate
$6,350
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,845
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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