27
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$1,250,000
Est. payment /mo
7 Beds
4,904 Sqft Lot
Pending
1408 Walnut Long Beach, CA 90813
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID OC25243436
Bedrooms 7
Lot Size 4,904 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction From 14th Street, turn onto Walnut
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7261014024
Acceptable Financing Cash
Listing Terms Cash
Listed by Christine Morgan Marterra Real Estate
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