Help

317 Walnut Avenue
Long Beach, CA 90802

$3,150,000 
  • -- Beds
  • -- Baths
  • 7,650 sqft
  • Residential Income
  • Active
317 Walnut Avenue, Long Beach - 590026062
317 Walnut Avenue, Long Beach - 590026063
317 Walnut Avenue, Long Beach - 590026064
317 Walnut Avenue, Long Beach - 590026065
317 Walnut Avenue, Long Beach - 590026066
317 Walnut Avenue, Long Beach - 590026067
317 Walnut Avenue, Long Beach - 590026068
317 Walnut Avenue, Long Beach - 590026069
317 Walnut Avenue, Long Beach - 590026070
317 Walnut Avenue, Long Beach - 590026071
317 Walnut Avenue, Long Beach - 590026072
317 Walnut Avenue, Long Beach - 590026073
317 Walnut Avenue, Long Beach - 590026074
317 Walnut Avenue, Long Beach - 590026075
317 Walnut Avenue, Long Beach - 590026076
317 Walnut Avenue, Long Beach - 590026077
317 Walnut Avenue, Long Beach - 590026078
317 Walnut Avenue, Long Beach - 590026079
317 Walnut Avenue, Long Beach - 590026080
317 Walnut Avenue, Long Beach - 590026081

Property Description for 317 Walnut Avenue, Long Beach CA 90802

317 Walnut Avenue is a 10-unit asset in popular Alamitos Beach, walking distance to the beach and Long Beach bike bath, as well as the dining and nightlife amenities of 4th Street/Retro Row. The building offers a mix of seven one-bedroom / one-bath and three two-bedroom / one-bath units. The stylish accomodations feature refurbished hardwood floors, reclaimed wood fireplaces and modern updated kitchens and baths. The property offers eight parking spaces and on-site laundry. With an attractive 4.61% cap rate, 317 Walnut Avenue offers investors an opportunity to own a renovated asset with turnkey units in a highly desirable rental submarket.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Long Beach
  • State: CA
  • Zip: 90802
  • Area: 4 - Downtown Area / Alamitos Beach
  • County: Los Angeles
  • Class: Residential Income
  • Stories: 2
  • Fireplaces: Yes
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 7,650 sqft
  • Lot Sq Ft Apx: 9027.00
  • Year Built: 1959
  • Listing#: PW18271771
  • Parcel Number: 7275008032
  • List Date: 11/13/2018
  • Last updated on: 12/12/2018

Property Features for 317 Walnut Avenue, Long Beach CA 90802

  • Interior Features: Ceiling Fan, Recessed Lighting
  • Year Built: 1959
  • Community Features: Sidewalks
  • Zoning: LBR3S
  • Lot Desc: 6-10 Units/Acre
  • Pool: None

Additional Information for 317 Walnut Avenue, Long Beach CA 90802

  • Expenses: 67483.00
  • Gross Building Area: 7650.00
  • Gross Income: 212382.00
  • Net Income: 145298.00
  • Subdivision: Alamitos Beach (Ab)
Courtesy of Robert Stepp, Keller Williams Pacific Estate
Copyright 2018, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.