1408 Walnut new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID OC25243436
HOA Y/N No
Year Built 1929
Lot Size 4,904 Sqft
Property Sub-Type Quadruplex
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
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Gas Dryer Hookup,Inside
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Total Parking Spaces 4
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7261014024
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard