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Off market
  • $2,696,900

    1056 Walnut Ave, Long Beach, CA 90813

    19beds
    9baths
    6,892sqft
    MultiFamily
    Built in 1962
    -- sqft lot
    $2,696,900 Zestimate®
    $391/sqft
    $2,273 Estimated rent

    Owner options

    List your home for rent

    $2,273/mo

    Rent Zestimate®

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    $2,273/mo

    Rent Zestimate®

    Refinance and save

    $16,866/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $16,866/mo

    Est. payment

    What's special

    New Financials!! Building is now operating at a 4.56% Cap Rate with Upside! ; Capital Improvements & Renovated Units - The building features new paint, new windows and three units have been slightly renovated. ; Attractive New Debt Available - Historically low interest rates allow strong returns day 1. ; Desirable Unit Mix - The buildings units comprise of (1) 1 bed / 1 bath, (6) 2 beds / 1 bath and (2) 3 bed / 1 bath. ; Gentrifying Long Beach Location ; Located East of Alamitos Ave and South of Anaheim St, the asset lies about 1.5 miles from Alamitos Beach and about 2.5 miles from Belmont Shore.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 9
    Cooling
    • None
    Appliances
    • Laundry: Community
    Interior area
    • Total interior livable area: 6,892 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Exterior features: Stucco
    Lot
    • Size: 6,089 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1962

    Community & neighborhood

    Location
    • Region: Long Beach

    Other

    Other facts
    • County: Los Angeles
    • PropertyType: Residential Income
    • SourceLotSizeArea: Assessor
    • Equipment: Other
    • SourceLivingArea: Assessor
    • ParkingGarage: Garage - 4+ Car
    • Heating: Other
    • Laundry: Community
    • ExteriorConstruction: Stucco
    • LaundryEquipment: Own
    • Country: US
    • ListingArea: Downtown Area, Alamitos Beach
    • ListingStatus: Pending
    • UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
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    Estimated market value
    $2,696,900