1332 Walnut Avenue, Long Beach, CA 90813

Local realty services provided by:ERA North Orange County Real Estate
1332 Walnut Avenue,Long Beach, CA 90813
$2,149,000
  • 17 Beds
  • 9 Baths
  • 6,892 sq. ft.
  • Multi-family
  • Pending
Listed by:jonathan swire
Office:the agency
MLS#:25590423
Source:CRMLS

Price summary

  • Price:$2,149,000
  • Price per sq. ft.:$311.81

About this home

PRICED TO SELL - 9.8 GRM AND 6.7% CAP on in-place rents, with upside to a 9.0 GRM and 7.6% CAP. 9 units on the Eastside of Long Beach. Property was heavily rehabbed in 2020. 8 of 9 units were taken down to the studs with everything updated. Property has new windows, updated plumbing, electrical, kitchens and baths. Additionally, all new tile flooring was installed (that looks like wood laminate) which will last for years to come. Buyer to verify. Main Electric Panel is 400 AMPS - Buyer to verify. There is onsite laundry and the building is secured. There are 4 garages in the rear that could be rented for $125/garage or converted into 1-2 ADU's - Buyer to verify. There is also one garage in the front of the building. There are 2 potential Loan Options on the property. Option 1 - The Buyer can obtain a new loan with 25-30% down.

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Home facts

  • Year built:1963
  • Listing ID #:25590423
  • Added:52 day(s) ago
  • Updated:November 01, 2025 at 07:28 AM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:9
  • Living area:6,892 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1963
  • Building area:6,892 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$2,149,000
  • Price per sq. ft.:$311.81
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