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.
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
Est.:
Multi Family
Built in 1962
-- sqft lot
$4,343,400 Zestimate®
$303/sqft
$-- HOA
What's special
Newer windowsGarage parking
- 31 days
- on Zillow |
- 28 |
- 1 |
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#: OC25117518
Originating 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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