For sale

Listed by: Buckingham Investments, Inc. • Tyson Storr • Contact: 562-624-4400

$1,725,000

1323 Walnut Ave, Long Beach, CA 90813

8beds

6baths

3,888sqft

Get pre-qualified

Mixed Use

Built in 1922

-- sqft lot

$-- Zestimate^®

$444/sqft

$-- HOA

What's special

Great turnkey investment opportunity in a high-demand Long Beach rental market offered at a 5.6% cap rate! 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.

14 hours

16

0

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6

Appliances

Laundry: None

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 3,888
Total interior livable area: 3,888 sqft

Property

Parking

Total spaces: 8
Parking features: Gated
Uncovered spaces: 8

Features

Levels: Two
Stories: 2
Entry location: Front
Pool features: None

Lot

Size: 6,362 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 7268040019
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use

Condition

New construction: No
Year built: 1922

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks, Urban
Subdivision: Walnut

Location

Region: Long Beach

Financial & listing details

Price per square foot: $444/sqft
Date on market: 7/9/2026
Listing terms: 1031 Exchange

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/9/2026	Listed for sale	$1,725,000$444/sqft
Source: CRMLS #IN26149247 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified