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Listed by Christine Morgan • Marterra Real Estate
$ 1,250,000
Est. payment /mo
New
1408 Walnut Long Beach, CA 90813
4,904 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25243436
Year Built 1929
Lot Size 4,904 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area 9 - Poly High
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry Gas Hookup, Other
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 7261014024
Special Listing Condition Not Applicable
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