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
  • Active
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:1 day(s) ago
  • Updated:September 11, 2025 at 05:37 AM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of September 11, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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