1408 Walnut

Long Beach, CA 90813
  • $1,250,000

    Price
  • 7

    Bed
  • 4

    Bath
  • 3,538

    SqFt

About the Listing OC13010 - STSANCHR,NP41540

Substantially renovated in 2022, 1408 Walnut Avenue is a fully stabilized four-unit multifamily investment property located in the heart of Long Beach. With modernized interiors, strong in-place rents, and a prime location near employment centers, this property checks all the boxes for a reliable long-term hold. Each unit has its own parking garage! Major improvements completed in 2022 include a complete re-piping of the entire property to pex plumbing, Units B, C and D have renovated kitchens and bathrooms with new cabinetry, countertops and fixtures, new flooring and paint and lighting throughout. The exterior was just freshly re-painted and this 4-plex has ADU potential by converting existing garages! Situated near Downtown Long Beach, Signal Hill, and key freeways, 1408 Walnut offers tenants excellent access to retail, dining, schools, and transit, ensuring strong rental demand.

Listing Highlights for 1408 Walnut

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® OC25243436
Year Built 1929
Total Square Footage 3,538
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances: Gas Range
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Level with Street,No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 4
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7261014024
  • Tax Year: N/A

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1408 Walnut Long Beach, CA 90813

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Originating MLS: CA_CRISNET

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