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$1,599,000
$6,000Reward *
1323 Walnut Ave, Long Beach, CA 90813Listing ID IN26149247

1323 Walnut Ave, Long Beach, CA 90813

Active
Walnut
Time on site: 33 days • Last updated: Jul 30, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Mixed Use
Square Feet
Square Feet
3,888
Acres
Acres
0.15
Days on Site
Days on Site
32
Year Built
Year Built
1922
Stories
Stories
2
Parking
Parking
Gated

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.

Property Information

Property Details

Location

Address
1323 Walnut Ave
County
Los Angeles
City
Long Beach
Zip Code
90813
Subdivision
Walnut
MLS Area
9 - Poly High

Interior Features

Other Rooms

Laundry Features
None

Building

Building Information

Square Feet
3,888
Year Built
1922
Stories
2

Financial

Special Conditions
Standard
Tyson Storr • Buckingham Investments, Inc., (562) 624-4400

Market Report for 90813

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

INSTORTYS