For sale

Listed by: Pabst, Kinney & Associates • Kristie Pabst • Contact: 562-547-2668

Price cut: $34K (8/3)

$890,000

1111 Walnut Ave, Long Beach, CA 90813

4beds

3baths

2,064sqft

$5,936/mo

Get pre-qualified

Triplex

Built in 1948

-- sqft lot

$883,500 Zestimate^®

$431/sqft

$-- HOA

What's special

This attractive 3-unit income property features a desirable unit mix consisting of one spacious 2-bedroom, 1-bath unit and two well-appointed 1-bedroom, 1-bath units, offering broad appeal to a variety of tenants. Each residence provides a comfortable and functional layout designed to maximize living space and everyday convenience. The property also includes three dedicated on-site parking spaces, a valuable amenity that enhances tenant satisfaction and rental demand. With its efficient unit configuration, off-street parking, and strong income-producing potential, this triplex presents an excellent opportunity for investors seeking a stable multifamily asset or owner-users looking to offset occupancy costs with rental income. Its versatile layout and attractive unit mix make it a compelling addition to any real estate portfolio. Plus, a new roof was installed in 2025 which is a great enhancement to the property.

72 days

391

36

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Wall Furnace

Cooling

None

Appliances

Laundry: None

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 2,064
Total interior livable area: 2,064 sqft

Property

Parking

Total spaces: 3
Parking features: Uncovered
Uncovered spaces: 3

Features

Entry location: 1
Pool features: None
Spa features: None
Has view: Yes
View description: Neighborhood

Lot

Size: 5,107 Square Feet
Features: Yard

Details

Parcel number: 7267001001
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Materials

Stucco

Condition

New construction: No
Year built: 1948

Utilities & green energy

Electric: Electricity - On Property
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Street Lights
Subdivision: Downtown (Dt)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $431/sqft
Tax assessed value: $435,584
Date on market: 6/9/2026
Cumulative days on market: 72 days
Listing terms: Cash,Cash to New Loan
Tenant pays: Electricity, Gas
Road surface type: Paved

Estimated market value

$883,500

$839,000 - $928,000

$2,569/mo

Price history

Date	Event	Price
8/3/2026	Price change	$890,000-3.7%$431/sqft
Source: CRMLS #PW26123123 Report a problem
6/9/2026	Listed for sale	$924,000+171.8%$448/sqft
Source: CRMLS #PW26123123 Report a problem
8/5/2014	Listing removed	$1,050$1/sqft
Source: Pabst, Kinney and Associates Report a problem
7/30/2014	Price change	$1,050-4.5%$1/sqft
Source: Pabst, Kinney and Associates Report a problem
7/24/2014	Listed for rent	$1,100+4.8%$1/sqft
Source: Pabst, Kinney and Associates Report a problem
2/26/2013	Listing removed	$1,050$1/sqft
Source: Pabst, Kinney and Associates Report a problem
1/30/2013	Price change	$1,050-4.5%$1/sqft
Source: Pabst, Kinney and Associates Report a problem
12/17/2012	Listed for rent	$1,100$1/sqft
Source: Pabst, Kinney and Associates Report a problem
10/4/2011	Sold	$340,000+23.6%$165/sqft
Source: Public Record Report a problem
7/8/2010	Sold	$275,000$133/sqft
Source: Public Record Report a problem
7/1/2010	Listed for sale	$275,000-45.5%$133/sqft
Source: Spring Funding Realty #R1004062 Report a problem
12/28/2004	Sold	$505,000+44.3%$245/sqft
Source: Public Record Report a problem
5/28/2004	Sold	$350,000$170/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$435,584 +2%
2025	$6,122 +4.5%	$427,045 +2%
2024	$5,857 +1.8%	$418,673 +2%
2023	$5,756 +6.3%	$410,465 +2%
2022	$5,415 +2.2%	$402,417 +2%
2021	$5,297 +0.3%	$394,528 +1%
2020	$5,283	$390,484 +2%
2019	$5,283 +5.4%	$382,829 +2%
2018	$5,015	$375,324 +2%
2017	$5,015 +1.1%	$367,966 +2%
2016	$4,962 +7.6%	$360,752 +1.5%
2015	$4,613 +4.5%	$355,334 +2%
2014	$4,416	$348,374 +2.5%
2012	--	$340,000 -9.3%
2011	--	$375,000 +38.9%
2010	--	$270,000 -50.6%
2009	--	$546,625 +2%
2008	--	$535,908 +2%
2007	--	$525,401 +2%
2006	--	$515,100
2005	--	$515,100 +126.9%
2004	--	$227,013 +1.9%
2003	--	$222,853 +2%
2002	--	$218,485 +4%
2000	--	$210,003