$2,399,000
$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
Sold Price $2,399,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID SB20171640
Sold Date 01/14/21
HOA Y/N No
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
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Urban
Total Parking Spaces 9
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7261027007
Energy Description 2109.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
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