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FOR SALENew Listing

1323 Walnut Ave

Long Beach, CA 90813

6,362 Lot Sq Ft

Built 1922

$1,725,000

Property Overview

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. Steps to the vibrant Anaheim Corridor and Cambodia Town dining, and blocks from the beach, walking paths, and ocean views.

Home Details

Property type: ResidentialIncome - MixedUse
Year built: 1922
Lot size: 6,362 sq ft
Parking: 8 spaces
Stories: 2
Days on market: 12
MLS status: Active

Features & Amenities

Parking

Gated

Pool

None

Lot

Zero To One Unit Acre

Community, Schools & Utilities

Community

Subdivision: Walnut

Utilities

Water: Public
Sewer: PublicSewer

Browse more homes for sale in Long Beach

Location & Neighborhood

1323 Walnut Ave

Long Beach, CA 90813

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Frequently Asked Questions About 1323 Walnut Ave

Property type: Residential Income

The current asking price is $1,725,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1323 Walnut Ave. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1922. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.

The MLS currently reports the property as Active. It has been listed for 12 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

Listing Agent

Name: Tyson Storr

Email: Tyson@buckinghaminvestments.com

Phone: 562-624-4400

MLS ID: INSTORTYS

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of the most recent data update available to this website and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

1 / 9

FOR SALENew Listing

1323 Walnut Ave

Long Beach, CA 90813

6,362 Lot Sq Ft

Built 1922

$1,725,000

Property Overview

Home Details

Property type: ResidentialIncome - MixedUse
Year built: 1922
Lot size: 6,362 sq ft
Parking: 8 spaces
Stories: 2
Days on market: 12
MLS status: Active

Features & Amenities

Parking

Gated

Pool

None

Lot

Zero To One Unit Acre

Community, Schools & Utilities

Community

Subdivision: Walnut

Utilities

Water: Public
Sewer: PublicSewer

Browse more homes for sale in Long Beach

Property history and records

Current and historical fields retained from CRMLS listing updates.

CRMLS/Trestle

Current status: Active
Current list price: $1,725,000
Annual property tax: Not reported
HOA: Not reported
School district: Not reported
Data updated: Jul 21, 2026

Listing data can change. Tax, HOA, school, status, and sale information must be independently verified with the responsible authority and transaction documents.

Location & Neighborhood

1323 Walnut Ave

Long Beach, CA 90813

Open in Google Maps Open in Apple Maps

Frequently Asked Questions About 1323 Walnut Ave

Property type: Residential Income

The current asking price is $1,725,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1323 Walnut Ave. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1922. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

The MLS currently reports the property as Active. It has been listed for 12 days. Status can change, so verify availability before relying on it.

Similar homes and recent comparisons

Same-city properties with matching listing type and similar bedroom counts, separated into current listings and recorded sales.

Similar active homes

Sold amounts use recorded close prices when available. These matches are orientation only, not an appraisal or comparative market analysis.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

Listing Agent

Name: Tyson Storr

Email: Tyson@buckinghaminvestments.com

Phone: 562-624-4400

MLS ID: INSTORTYS

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.

1323 Walnut Ave

Property Overview

Home Details

Features & Amenities

Parking

Pool

Lot

Community, Schools & Utilities

Community

Utilities

Location & Neighborhood

1323 Walnut Ave

Frequently Asked Questions About 1323 Walnut Ave

What clients say

Get More Info

Reza Barghlameno

1323 Walnut Ave

Property Overview

Home Details

Features & Amenities

Parking

Pool

Lot

Community, Schools & Utilities

Community

Utilities

Property history and records

Location & Neighborhood

1323 Walnut Ave

Frequently Asked Questions About 1323 Walnut Ave

Similar homes and recent comparisons

Similar active homes

What clients say

Get More Info

Reza Barghlameno

Property history and records

Similar homes and recent comparisons

Similar active homes