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319 Walnut Avenue
Long Beach, CA 90802

$2,600,000 
  • -- Beds
  • -- Baths
  • 6,599 sqft
  • Residential Income
  • Active
319 Walnut Avenue, Long Beach - 590026768
319 Walnut Avenue, Long Beach - 590026769
319 Walnut Avenue, Long Beach - 590026770
319 Walnut Avenue, Long Beach - 590026771
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319 Walnut Avenue, Long Beach - 590026773
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319 Walnut Avenue, Long Beach - 590026778
319 Walnut Avenue, Long Beach - 590026779
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319 Walnut Avenue, Long Beach - 590026782
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319 Walnut Avenue, Long Beach - 590026791
319 Walnut Avenue, Long Beach - 590026792

Property Description for 319 Walnut Avenue, Long Beach CA 90802

319 Walnut Avenue is a 6-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 five two-bedroom / two-bath and one three bedroom / two-bath units. The stylish accommodations feature refurbished hardwood floors and built-ins and modern updated kitchens and baths. The property offers ample parking in a typically under-parked neighborhood. With an attractive 4.3% cap rate, 319 Walnut Avenue offers investors an opportunity to own an attractive turnkey asset 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): 6,599 sqft
  • Lot Sq Ft Apx: 6166.00
  • Garage: 7.00
  • Year Built: 1967
  • Listing#: PW18272129
  • Parcel Number: 7275008011
  • List Date: 11/13/2018
  • Last updated on: 12/12/2018

Property Features for 319 Walnut Avenue, Long Beach CA 90802

  • Heating: Fireplace
  • Interior Features: Built-Ins, Ceiling Fan
  • Year Built: 1967
  • Community Features: Sidewalks
  • Zoning: LBR3S
  • Lot Desc: 6-10 Units/Acre
  • Pool: None

Additional Information for 319 Walnut Avenue, Long Beach CA 90802

  • Expenses: 54589.00
  • Gross Building Area: 6599.00
  • Gross Income: 166725.00
  • Net Income: 112136.00
  • 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.