1408 Walnut new

Long Beach,CA 90813

$ 1250000

- Bed

0 Bath

3538 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,538 sqft

Price per Sqft $353

Subdivision Poly High

MLS Listing ID OC-25243436

Year Built 1929

Lot Size 4,904 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

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

Flooring Vinyl

Fireplaces Type None

Laundry Gas Dryer Hookup,Inside

Exterior

Parking Features Garage

Garage Spaces 4.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected,Water Connected,Electricity Connected,Natural Gas Connected

Building

Lot Description Level with Street

Sewer Public Sewer

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