Turnkey 6-Unit Apartment
1323 Walnut Ave Long Beach, CA 90813
1323 Walnut Ave, Long Beach, CA, 90813
$1,725,000
For Sale
$1,725,000
Six fully updated residential units include gated parking with eight dedicated spaces on-site.
Days on Market8
Property Features for 1323 Walnut Ave
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1922
Listing Agency
Listed by
Tyson Storr
Source
Elliman
Added: Jul 14 Updated: Jul 15 at 2:55 am Checked: Jul 20 at 4:30 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tyson Storr
Investment Insights
Based on property information with market context.
This fully stabilized 6-unit multifamily asset is configured with four 1-bedroom units and two 2-bedroom units. The property has been completely updated within the past year, and the electrical system was rewired within the past year.
The building includes a gated rear parking lot with eight dedicated parking spots, supporting a 1:1 tenant-to-parking ratio. Access is enhanced by easy freeway access and proximity to public transit.
With all units updated and a dedicated parking setup, the property is positioned for a straightforward, stabilized operation.
The building includes a gated rear parking lot with eight dedicated parking spots, supporting a 1:1 tenant-to-parking ratio. Access is enhanced by easy freeway access and proximity to public transit.
With all units updated and a dedicated parking setup, the property is positioned for a straightforward, stabilized operation.
Key Highlights
- Fully stabilized 6‑unit multifamily built in 1922 with a unit mix of four 1‑bed and two 2‑bed homes
- All six units were completely updated within the past year and are operating at maximum market rents
- Electrical system was rewired within the past year, helping reduce future CapEx risk
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Apartment building - Six fully updated residential units include gated parking with eight dedicated spaces on-site.
Where is this apartment building located?
The property is located at 1323 Walnut Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Fully stabilized 6‑unit multifamily built in 1922 with a unit mix of four 1‑bed and two 2‑bed homes; All six units were completely updated within the past year and are operating at maximum market rents; Electrical system was rewired within the past year, helping reduce future CapEx risk
