Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1408 Walnut Ave Long Beach, CA 90813

    For Sale
    $1,250,000

    Four-unit multifamily property in Long Beach, renovated in 2022.

    Lot size:
    0.11 Acres

    Property Features for 1408 Walnut Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1929

    Source: Marterra Real Estate Agent Christine Morgan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Long Beach Multifamily Property

    This four-unit multifamily investment property, substantially renovated in 2022, is located in Long Beach. The property features modernized interiors and strong in-place rents. Each unit includes its own parking garage. Major improvements completed in 2022 include 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, along with new flooring, paint, and lighting throughout. The exterior has been freshly repainted. The property has ADU potential by converting existing garages. Situated near Downtown Long Beach, Signal Hill, and key freeways, the location provides tenants with access to retail, dining, schools, and transit.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1717455
    Latitude
    33.7847009

    Nearby Similar for Sale

    • $3,999,000
      5,218 SF

      Renovated Quadplex Near Belmont Shore

      Extensively renovated quadplex near the beach and Belmont Shore.
      3626 E 1St St, Long Beach, CA 90803
      View Details
    • $1,600,000
      Pending

      Naples Duplex with Water View

      Beautiful duplex in the heart of Naples with excellent rental history.
      5653 E 2Nd St, Long Beach, CA 90803
      View Details
    • New
      $1,550,000
      2,378 SF

      California Heights Duplex: Designer Sophistication

      Timeless California bungalows blending period architecture with refined, modern design.
      3580 Gundry Ave, Long Beach, CA 90807
      View Details
    • $7,440,000
      56,690 SF

      Long Beach Multifamily Investment Opportunity

      Well-maintained 28-unit multifamily property near freeways and downtown Bixby.
      3430 Elm Ave, Long Beach, CA 90807
      View Details
    • $2,045,000
      4,600 SF

      Remodeled Long Beach Townhouse-Style Quadplex

      Fully remodeled 4-unit townhouse-style property in Long Beach, CA.
      1144 Stanley Ave, Long Beach, CA 90804
      View Details
    • $1,185,000
      1,536 SF

      Restored Craftsman Duplex in Long Beach

      Meticulously restored Craftsman duplex with modern amenities and investment potential.
      4027 E 11Th St, Long Beach, CA 90804
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Long Beach, renovated in 2022.
    Where is this quadplex located?
    The property is located at 1408 Walnut Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Fully renovated in 2022 with **modernized interiors.**; - Each unit includes a **private parking garage.**; - Strong in-place rents provide reliable long-term investment.
    (949) 910-1042
    Request Owner's contact information
    1408 Walnut Ave Long Beach, CA 90813
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1408 Walnut Ave
    Long Beach, CA 90813
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1408 Walnut Ave Long Beach, CA 90813
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.