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1323 Walnut Ave

Long Beach, CA 90813
Active
Multifamily
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$1,725,000
Great turnkey investment opportunity in a high-demand Long Beach rental market offered at a 5.6% cap rate! 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… Read MoreRead Less
Property listed by Buckingham Investments, Inc., Tyson Storr 4242122321
Listing Snapshot
Days Online
5
Last Updated
Property Type
MixedUse
Lot Size
0.15 Acres
Year Built
1922
MLS Number
IN26149247
Property Location Map
Additional Details
Building
Built in 1922, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Front
Community
Sidewalks, Urban
Expenses
Insurance: $9,595, Operating: $51,563
Income
Gross ScheduledIncome: $153,600, Net Operating Income: $97,429
Laundry
None
Lot
0.1461 acres, ZeroToOneUnitAcre
Parking
8 open parking spaces, 8 total parking spaces, Gated
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7268040019, Tax Block: B, Lot: 7
Utilities
Water Source: Public, 7 separate gas meters
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Monthly Payment
$0
Jeff Anderson
CEO
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Schools In The Area

Check out nearby schools with ratings and contact info.
John G. Whittier Elementary School 562-599-6263 Public KG-5
Franklin Classical Middle School 562-435-4952 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12
John G. Whittier Elementary School 562-599-6263 Public KG-5
John G. Whittier Elementary School 562-599-6263 Public KG-5
Franklin Classical Middle School 562-435-4952 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.