1323 Walnut Ave
Long Beach, CA, 90813
$1,725,000
Beds
0 Baths
0 SqFt
0.15 Acres
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MLS #IN26149247 image #0
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 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 Details

Price:
$1,725,000
MLS #:
IN26149247
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Jul 9, 2026
Total Sq Ft:
3,888
Lot Size:
6,362 sqft / 0.15 acres (approx)
Year Built:
1922
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeach

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Schools

Interior

Laundry Features
NO
Levels
U

Exterior

Common Walls
NCW
Community Features
SDW, URB
Parking Spots
8
Parking Total
8

Financial

Net Operating Income
$97,429

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Jul 10, 2026
784
Single Family Listed
64
Avg DOM
487
Avg $ / SqFt
$1,172,289
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, 1323 Walnut Ave Long Beach CA is a Single Family for sale in Long Beach, CA, 90813. It is listed for $1,725,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1922. The average price per square foot for Single Family listings in Long Beach is $487. The average listing price for Single Family in Long Beach is $1,172,289.

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