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. The roof was replaced in in 2025, the electrical meters were upgraded, and the plumbing has been partially replaced with copper. 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.
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
Triplex
Built in 1948
-- sqft lot
$880,200 Zestimate®
$431/sqft
$-- HOA
What's special
- 117 days
- 335
- 29
Zillow last checked:
Listing updated:
Listed by:
Kristie Pabst DRE #00804122 562-547-2668,
Pabst, Kinney & Associates
Source: CRMLS,MLS#: PW26123123
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & 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: 118 days
- Listing terms: Cash,Cash to New Loan
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Estimated market value
$880,200
$836,000 - $924,000
$2,772/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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Hellman
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