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Search Cali Homes Team
1408 Walnut, Long Beach, CA 90813
- $1,250,000
Listing courtesy of Listing Agent: Christine Morgan (christine@marterra.com) from Listing Office: Marterra Real Estate.
Selling Office: Y Realty.- Sold Price
- $1,250,000
- List Price
- $1,250,000
- Status
- CLOSED
- Days on Market
- 27
- Closing Date
- Dec 23, 2025
- MLS#
- OC25243436
- Subtype
- Residential Income
- Year Built
- 1929
- Lot Size
- 4,904
- Acres
- 0.11
- Subdivision
- Poly High (Ph)
- Neighborhood
- Poly High (Ph)
- MLS Area Major
- Poly High (9)
Property Description
Substantially renovated in 2022, 1408 Walnut Avenue is a fully stabilized four-unit multifamily investment property located in the heart of Long Beach. With modernized interiors, strong in-place rents, and a prime location near employment centers, this property checks all the boxes for a reliable long-term hold. Each unit has its own parking garage! Major improvements completed in 2022 include a complete re-piping of the entire property to pex plumbing, Units B, C and D have renovated kitchens and bathrooms with new cabinetry, countertops and fixtures, new flooring and paint and lighting throughout. The exterior was just freshly re-painted and this 4-plex has ADU potential by converting existing garages! Situated near Downtown Long Beach, Signal Hill, and key freeways, 1408 Walnut offers tenants excellent access to retail, dining, schools, and transit, ensuring strong rental demand.
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Additional Information
- Flooring
- Vinyl
- Appliances
- Gas Range
- Heating
- Wall Furnace
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Parking Features
- Garage
- Garage Spaces
- 4
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.