1323 Walnut Ave Long Beach CA 90813 MLS #IN26149247
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 Details
Price:
$1,599,000
MLS #:
IN26149247
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
9polyhigh
Listed Date:
Jul 9, 2026
Total Sq Ft:
3,888
Lot Size:
6,362 sqft / 0.15 acres (approx)
Year Built:
1922
See this Listing
Schools
Interior
Laundry Features
NO
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW, URB
Parking Spots
8
Parking Total
8
Financial
Map
Community
- Address1323 Walnut Ave Long Beach CA
- SubdivisionOther (OTHR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Market Summary
Current real estate data for Single Family in Long Beach as of Aug 07, 2026
812
Single Family Listed
66
Avg DOM
475
Avg $ / SqFt
$1,164,084
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 $1,599,000 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 $475. The average listing price for Single Family in Long Beach is $1,164,084. To schedule a showing of MLS#in26149247 at 1323 Walnut Ave in Long Beach, CA, contact your The Knight Group LA agent at 310.409.7242.
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Courtesy of Buckingham Investments, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Knight Group LA include the name of the listing broker. Neither the listing company nor The Knight Group LA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1323 Walnut Ave
Long Beach, CA