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Terri Fox

sold@terrifox.com +1(760) 585-8860

$ 1,250,000

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1408 Walnut Long Beach, CA 90813

4,904 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID OC25243436

HOA Y/N No

Year Built 1929

Lot Size 4,904 Sqft

Property Sub-Type Quadruplex

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

Cooling None

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Gas Dryer Hookup, Inside

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

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

Total Parking Spaces 4

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7261014024

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Christine Morgan Marterra Real Estate 949-910-1042

Terri Fox

Agent | License ID: 01110385

+1(760) 585-8860

Terri Fox

1408 Walnut Long Beach, CA 90813

Key Details

Location

Interior

Exterior

Building

Others

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1408 Walnut