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Under contract
  • Listing Provided by: 

    Jason Kirklen DRE #01939655 949-942-1302,

    Kirklen Investment Group

    $4,500,000

    1334 Walnut Ave, Long Beach, CA 90813

    32beds
    22baths
    14,842sqft
    : 
    Multi Family
    Built in 1962
    -- sqft lot
    $4,343,400 Zestimate®
    $303/sqft
    $-- HOA

    What's special

    Newer windowsGarage parking
    Presenting an exceptional investment opportunity in Long Beach, CA. This distinguished 14,842 SF building, comprising 22 units, is tailor-made for savvy multifamily/low-rise/garden investors. Built in 1962, the property is strategically positioned in the thriving Long Beach rental market. With its newer windows, a superb mix of one- and two-bedroom ?oorplans, garage parking, separately metered for gas and electric, and on-site laundry facilities, this property offers a seamless and lucrative investment potential. Situated on two, adjacent parcels, the property does not require any on-site management. Don't miss out on this chance to add a robust asset to your portfolio. Schedule a viewing today and unlock the full potential of this exceptional property.
    31 days
    on Zillow
    |
    28
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: June 02, 2025 at 03:06pm

    Listing Provided by:

    Jason Kirklen DRE #01939655 949-942-1302,

    Kirklen Investment Group

    Source: CRMLS,MLS#: OC25117518MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 32
    • Bathrooms: 22
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 14,842
    • Total interior livable area: 14,842 sqft

    Property

    Parking
    • Total spaces: 13
    • Parking features: Assigned
    • Garage spaces: 13
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 0.3 Acres
    • Features: 21-25 Units/Acre
    Details
    • Additional parcels included: 7261027005
    • Parcel number: 7261027006
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Storm Drain(s), Sidewalks
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $303/sqft
    • Date on market: 5/27/2025
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Tenant pays: Electricity, Gas
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