1323 Walnut Ave, Long Beach, CA 90813
8
6|Other
AUD $2,303,040
USD $1,599,000
Published on: 10 Jul 2026
Last updated on: 30 Sep 2026
Property ID: 110119296875
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Long Beach, CA
1323 Walnut Ave, Long Beach, CA 90813
Great turnkey investment opportunity in a high-demand Long Beach rental market offered at a 5.6% cap rate! This fully stabilized 6-unit multifamily asset features a strong mix of four 1-bed and two 2-bed units, all completely updated within the past year and performing at maximum market rents. Perfect for investors seeking immediate cash flow with minimal deferred maintenance. Completely updated electrical system rewired within the past year, reducing future CapEx risk. The property features a gated rear parking lot offering 8 dedicated spots and a 1:1 tenant-to-parking ratio. Easy freeway access just minutes from the 710, 405, and 605 freeways, the A Line Metro, and major employment hubs like the Port of Long Beach. Steps to the vibrant Anaheim Corridor and Cambodia Town dining, and blocks from the beach, walking paths, and ocean views.
Property Details
Basic Info
Basic Info
Property Type
Other
Listing Status
Active
Land Size
591.25 m2
Year Built
1922
Rooms
8 bedroom(s), 6 bathroom(s)
Num Floors
2
County
Los Angeles
Parcel ID
7268040019
Provider
California Regional Multiple Listing Service, Inc
Subdivision
Other (OTHR)
Brokerage Office Name
Buckingham Investments, Inc.
Brokerage Office Phone
(562) 208-4890
Neighbourhoods
Other (OTHR)
Address
1323 Walnut Ave, Long Beach, CA 90813
Contact Agent
Tyson Storr
Buckingham Investments, Inc.
1304 EL PRADO AVE STE C , Torrance, CA 90501
Get in touch
Contact Agent
Contact Agent
Email enquiry to Buckingham Investments, Inc.
Tyson Storr
1304 EL PRADO AVE STE C , Torrance, CA 90501
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Property ID: 110119296875
Original Property ID: 3yd-MRMLSCA-IN26149247Data provided by California Regional Multiple Listing Service, Inc, MLS #: IN26149247
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