$2,400,000
For more information regarding the value of a property, please contact us for a free consultation.
1332 Walnut AVE Long Beach, CA 90813
6,534 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID SB20171640
Year Built 1963
Lot Size 6,534 Sqft
Property Description
9 units in a dense rental market of Long Beach. Excellent unit mix with one 1 Bed/1 Bath unit, six 2 Bed/1 Bath units, and two 3 Bed/1 Bath units. Significant recent improvements completed, including new windows, new paint, newer roof, unit interiors remodeled. Strong actual income at 11.3X GRM. 5 garages plus 4 off-street parking spaces. Well-located just outside of Downtown Long Beach. About 1 mile to Alamitos Beach.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR2N
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Laundry None
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jonathan Swire • The Agency