744 Walnut Ave
Description
Two buildings with a combined 4,670 s.f. nicely positioned on a 6,726 s.f. lot. The rear building is a 2 Bed Room House with a brand new/remodeled bathroom and two car garage. The front building is a 4 unit apartment building comprised of 4 extra large 1 bedroom units that are always in high rental demand as each unit has its own separate laundry room, walk in closets, and private balcony/and or rear patio space. Area description:
Located on a residential block in the Hellman...Property description:
Two buildings with a combined 4,670 s.f. nicely positioned on a 6,726 s.f. lot. The rear building is a 2 Bed Room House with a brand new/remodeled bathroom and two car garage. The front building is a 4 unit apartment building comprised of 4 extra large 1 bedroom units that are always in high rental demand as each unit has its own separate laundry room, walk in closets, and private balcony/and or rear patio space. Area description:
Located on a residential block in the Hellman neighborhood of downtown Long Beach. Above N Alamitos Beach, Just North of 7th Street, East of Alamitos Avenue and West of Cherry Avenue.
- Listed by John Mociak • DRE #01708711 • Keller Williams Beach Cities
- Listed by Martin Ensbury • DRE #00815392 • Keller Williams Beach Cities
Property Details for 744 Walnut Avenue
Property Details for 744 Walnut Avenue
| Status | Closed |
|---|---|
| MLS # | SB14102608 |
| Days on Market | 46 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1930 |
| Lot Size | 0.15 AC / 6,726 SF |
| County | Los Angeles County |
Location
Sold By First Team Real Estate, Cindy Ludwig, DRE #1020764
Building Information for 744 Walnut Avenue
Payment Calculator
$4,249 per month
30 year fixed, 6.46% Interest
$3,311
$938
$0
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1Property Information for 744 Walnut Avenue
- Tenant Pays: Electricity, Gas
- Gross Income: $4,585
- Gross Scheduled Income: $55,020
- Vacancy Allowance: 2751
- Vacancy Allowance Rate: 5
- Net Operating Income: $34,229
- Gross Multiplier: 11.8
- Cap Rate: 5.27
- Financing: Cash To New Loan
- Operating Expense: $18,040
- Operating Expense Percent: 33.00%
- New Taxes Expense: $8,125
- Gardener Expense: $900
- Pest Control Expense: $325
- Electric Expense: $640
- Insurance Expense: $1,200
- Maintenance Expense: $2,000
- Professional Management Expense: $0
- Other Expense: $1,250
- Trash Expense: $1,200
- Water Sewer Expense: $2,400
- Tax Area: 5-500
- Tax Tract Number: 5764
- Tax Lot: 21
- Assessments YN: Yes
- Assessments: Buyer to Verify
- Community Features: Urban
- Interior Features: Balcony
- Room Type: Walk-In Closet
- Bedroom Features: WalkInCloset
- Laundry: Yes
- Laundry Features: Individual Room
- Pool Features: None
- Pool Description: None
- Lot Features: Landscaped
- Number Of Units: 5
- Levels: Two
- Water: District
- Sewer: Unknown
- Water Source: Public
- Garage Spaces: 2
- Parking Garage Spaces: 2
- Carport Spaces: 0
- Builders Tract Name: THE WALNUT AVE AND SEVENTH ST TRACT LOT
- Builders Tract Code: The California (CAL)
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,060
- Unit Type Total Rent: $1,060
- Unit Type Pro Forma: 1250
- Unit Type Area Units: Square Feet
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $900
- Unit Type Total Rent: $900
- Unit Type Pro Forma: 950
- Unit Type Area Units: Square Feet
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $900
- Unit Type Total Rent: $900
- Unit Type Pro Forma: 950
- Unit Type Area Units: Square Feet
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $875
- Unit Type Total Rent: $875
- Unit Type Pro Forma: 950
- Unit Type Area Units: Square Feet
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $850
- Unit Type Total Rent: $850
- Unit Type Pro Forma: 950
- Unit Type Area Units: Square Feet
- Unit Type Type: 6
- Number Of Units Leased: 5
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 5
- Number Of Separate Water Meters: 1
Property History for 744 Walnut Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 23, 2026 | Withdrawn / Cancelled CRMLS #PW26008283 | $1,475,000 | — |
| Apr 23, 2026 | Withdrawn / Cancelled CLAW #PW26008283MR | — | |
| Apr 23, 2026 | Withdrawn / Cancelled SDMLS #PW26008283 | $1,475,000 | — |
| Feb 18, 2026 | Price Change CLAW #PW26008283MR | $1,475,000 | — |
| Jan 13, 2026 | Listed (Active) CRMLS #PW26008283 | $1,525,000 | — |
| Jan 12, 2026 | Listed (Active) SDMLS #PW26008283 | $1,525,000 | — |
| Jan 12, 2026 | Listed (Active) CLAW #PW26008283MR | $1,525,000 | — |
| Sep 2, 2014 | Sold CRMLS #SB14102608 | $657,500 | — |
| Sep 2, 2014 | Sold CLAW #SB14102608MR | $657,500 | — |
| Aug 14, 2014 | Pending CRMLS #SB14102608 | — | |
| Jul 16, 2014 | Listed (Active) CRMLS #SB14102608 | $650,000 | — |
| Jul 16, 2014 | Listed (Active) CLAW #SB14102608MR | $650,000 | — |
| Jun 16, 2014 | Sold (Public Record) Public Record #434071573 | $657,500 | — |
| May 28, 2014 | Pending CLAW #SB14102608MR | — | |
| May 12, 2014 | Listed (Active) CLAW #SB14102608MR | $650,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/23/2026 | Withdrawn / Cancelled CRMLS #PW26008283 | $1,475,000 |
| 04/23/2026 | Withdrawn / Cancelled CLAW #PW26008283MR | — |
| 04/23/2026 | Withdrawn / Cancelled SDMLS #PW26008283 | $1,475,000 |
| 02/18/2026 | Price Change CLAW #PW26008283MR | $1,475,000 |
| 01/13/2026 | Listed (Active) CRMLS #PW26008283 | $1,525,000 |
| 01/12/2026 | Listed (Active) SDMLS #PW26008283 | $1,525,000 |
| 01/12/2026 | Listed (Active) CLAW #PW26008283MR | $1,525,000 |
| 09/02/2014 | Sold CRMLS #SB14102608 | $657,500 |
| 09/02/2014 | Sold CLAW #SB14102608MR | $657,500 |
| 08/14/2014 | Pending CRMLS #SB14102608 | — |
| 07/16/2014 | Listed (Active) CRMLS #SB14102608 | $650,000 |
| 07/16/2014 | Listed (Active) CLAW #SB14102608MR | $650,000 |
| 06/16/2014 | Sold (Public Record) Public Record #434071573 | $657,500 |
| 05/28/2014 | Pending CLAW #SB14102608MR | — |
| 05/12/2014 | Listed (Active) CLAW #SB14102608MR | $650,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 744 Walnut Avenue
Schools near 744 Walnut Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Burbank Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Beach Cities, John Mociak, DRE #01708711; Keller Williams Beach Cities, Martin Ensbury, DRE #00815392
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.