$1,599,000
 $8,584 est/mo Sourced by Back At You

1323 Walnut Ave,Long Beach, CA 90813

Long Beach, CA 90813

Share:

PreviousNext

Description

PRICE IMPROVEMENT - NOW OFFERED AT A 10.4 GRM AND 6.1 CAP RATE ON ACTUALS. Great turnkey investment opportunity in a high-demand Long Beach rental market. This fully stabilized 6-unit multifamily asset features a strong mix of four 1-bed and two 2-bed units, all completely updated within the past year and performing at maximum market rents. Perfect for investors seeking immediate cash flow with minimal deferred maintenance. Completely updated electrical system rewired within the past year, reducing future CapEx risk. The property features a gated rear parking lot offering 8 dedicated spots and a 1:1 tenant-to-parking ratio. Easy freeway access just minutes from the 710, 405, and 605 freeways, the A Line Metro, and major employment hubs. Steps to the vibrant Anaheim Corridor and Cambodia Town dining, and blocks from the beach, walking paths, and ocean views.

Details

MLS #IN26149247
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1922
Days On Site54
Listing Provided ByBuckingham Investments, Inc. | Tyson Storr

Features

SQ Feet3,888
Story(s)2
Units6
Building(s)2
Acreage0.15

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Parking FeaturesGated
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesSidewalks, Urban

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area9 Poly High
Community NameWalnut
Listing VS Median (in Walnut)
Price:
$1,599,000
low | high
Med:
$1,599,000
50% of Average
sqft:
3,888
low | high
Med:
3,888
50% of Average
$ / sqft:
$411
low | high
Med:
$411
50% of Average
On site:
54
low | high
Med:
54
100% of Average
Sourced by Back At You

Market Activity 90813

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Desert Lifestyle Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

Jeff Rayborn

Jeff Rayborn

Desert Lifestyle Properties

02062886 (323) 833-5529jeff@desertlifestyleproperties.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area9 Poly High
Community NameWalnut
Listing VS Median (in Walnut)
Price:
$1,599,000
low | high
Med:
$1,599,000
50% of Average
sqft:
3,888
low | high
Med:
3,888
50% of Average
$ / sqft:
$411
low | high
Med:
$411
50% of Average
On site:
54
low | high
Med:
54
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.199M - $1.998M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
1073 1075 Hoffman Property Photo 1
$1,550,000
1073 1075 Hoffman
Long Beach, CA 90813
1416 Orange Property Photo 1
$1,299,999
1416 Orange
Long Beach, CA 90813
Listing Updated: August 21, 2026 at 11:35:33 PM PDT
Jeff Rayborn
License #: 02062886
(323) 833-5529
Desert Lifestyle Properties - 200 N Sunrise Way Ste.B.
Palm Springs, CA 92262

Jeff Rayborn - Desert Lifestyle Properties