Calling all INVESTORS and EXPERIENCED LANDLORDS to this 2 units gem in Long Beach. The units' living quarters are detached and occupied by long-term tenants and they would love to stay. Each unit has three bedrooms, 2 baths, and a two-car garage. The real highlights of these units lie in their potential rental incomes once they are refurbished. Both units need updating. SOLD-AS-IS, WHERE-IS. Bring your imagination. 5-minute drive to the beach and is close to shopping centers and schools. DO NOT DISTURB THE TENANTS. BUYER TO TAKE OVER BOTH TENANTS AT THE CLOSE OF ESCROW.
Sold for $785,000
Listing Provided by: Re/Max Top Producers
Bought with: California Financial & RE Ctr
Tax assessed value
$785,000
1022 Walnut Ave, Long Beach, CA 90813
6beds
4baths
2,310sqft
Duplex
Built in 1948
-- sqft lot
$956,300 Zestimate®
$340/sqft
$2,622 Estimated rent
Home value
$956,300
$870,000 - $1.05M
$2,622/mo
Zestimate® history
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$2,622/mo
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$2,622/mo
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$4,927/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Sotheary Sar DRE #02076450 562-822-9229,
Re/Max Top Producers,
Sophie Cheang DRE #02062473,
Re/Max Top Producers
Bought with:
David Saim, DRE #02190519
California Financial & RE Ctr
Source: CRMLS,MLS#: RS24091637
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: In Kitchen
Features
- Flooring: Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,310
- Total interior livable area: 2,310 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,086 sqft
- Features: 2-5 Units/Acre, Corner Lot
Details
- Parcel number: 7267011006
- Zoning: LBR2N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Slab
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Long Beach
- Subdivision: Poly High (Ph)
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2024 | Sold | $785,000+12.1%$340/sqft |
Source:  CRMLS #RS24091637 Report a problem | ||
| 7/15/2024 | Pending sale | $700,000$303/sqft |
Source: CRMLS #RS24091637 Report a problem | ||
| 7/6/2024 | Listed for sale | $700,000$303/sqft |
Source: CRMLS #RS24091637 Report a problem | ||
| 6/11/2024 | Pending sale | $700,000$303/sqft |
Source: CRMLS #RS24091637 Report a problem | ||
| 5/10/2024 | Listed for sale | $700,000+114.7%$303/sqft |
Source: CRMLS #RS24091637 Report a problem | ||
| 5/16/2003 | Sold | $326,000+78.1%$141/sqft |
Source: Public Record Report a problem | ||
| 5/10/2002 | Sold | $183,000+71.8%$79/sqft |
Source: Public Record Report a problem | ||
| 1/17/2002 | Sold | $106,500+5.3%$46/sqft |
Source: Public Record Report a problem | ||
| 7/19/2001 | Sold | $101,150$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,568 +17.6% | $785,000 +15.6% |
| 2024 | $8,988 +1.7% | $678,796 +2% |
| 2023 | $8,839 +51.5% | $665,487 +49.6% |
| 2022 | $5,835 +2.2% | $444,904 +2% |
| 2021 | $5,712 +0.3% | $436,181 +1% |
| 2020 | $5,697 | $431,709 +2% |
| 2019 | $5,697 +5.6% | $423,245 +2% |
| 2018 | $5,393 | $414,947 +2% |
| 2017 | $5,393 +1.1% | $406,812 +2% |
| 2016 | $5,336 +7.7% | $398,836 +1.5% |
| 2015 | $4,953 +4.7% | $392,846 +2% |
| 2014 | $4,731 | $385,152 +2.5% |
| 2012 | -- | $375,895 +2% |
| 2011 | -- | $368,526 +0.8% |
| 2010 | -- | $365,772 -0.2% |
| 2009 | -- | $366,642 +4% |
| 2007 | -- | $352,407 +2% |
| 2006 | -- | $345,498 |
| 2005 | -- | $345,498 +4% |
| 2004 | -- | $332,085 +139.2% |
| 2003 | -- | $138,840 +167% |
| 2002 | -- | $52,000 -5.4% |
| 2000 | -- | $54,990 |
Find assessor info on the county website
Neighborhood: Hellman
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$956,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$956,300
- California
- Los Angeles County
- Long Beach
- 90813
- Hellman
- 1022 Walnut Ave
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Nearby neighborhoods
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