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$ 1,250,000
Est. payment /mo
Active Under Contract
1408 Walnut Long Beach, CA 90813
7 Beds
3,538 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,538 sqft
Price per Sqft $353
MLS Listing ID CROC25243436
Bedrooms 7
HOA Y/N No
Year Built 1929
Lot Size 4,904 Sqft
Acres 0.11
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
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl
Fireplace No
Laundry Gas Dryer Hookup, Other, Inside
Exterior
Total Parking Spaces 4
Building
Lot Description Other
New Construction No
Others
Tax ID 7261014024
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Christine Morgan • Marterra Real Estate