744 Walnut Ave

5
Baths
4,670 Sq. Ft.
$327 / Sq. Ft.
4,670
Sq. Ft.
$327
per Sq. Ft.

Description

This pride of ownership two building complex combines for a total of 4,670 square feet situated on a 6,726 square foot lot. The rear building is a "bungalow" style two bedroom house with a remodeled bathroom and a one car garage. The front building is a show stopper. It consists of four extra large one bedroom units (approximately 950 square feet each) all with hardwood floors, original built-ins, tons of light and their own private separate laundry room, walk in closets and private balcony of rear...This pride of ownership two building complex combines for a total of 4,670 square feet situated on a 6,726 square foot lot. The rear building is a "bungalow" style two bedroom house with a remodeled bathroom and a one car garage. The front building is a show stopper. It consists of four extra large one bedroom units (approximately 950 square feet each) all with hardwood floors, original built-ins, tons of light and their own private separate laundry room, walk in closets and private balcony of rear patio space. Located within the Hellman neighborhood of downtown Long Beach.
  1. Listed by Cindy Ludwig • DRE #01020764 • Brokerage DRE #01008773 • First Team Real Estate • 310.849.8515

Property Details for 744 Walnut Avenue

Architectural Style
Craftsman, Spanish
View
None
Parking Spaces Total
5
Private Pool
No
Cooling Type
None
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 01/15/2026 01:03 AM

Property Details for 744 Walnut Avenue

StatusActive
MLS #PW26008283
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1930
CountyLos Angeles County

Location

Listing Courtesy of First Team Real Estate, Cindy Ludwig, DRE #01020764
Add your commute

Building Information for 744 Walnut Avenue

Building/Complex744 Walnut AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1930Building Size-

Payment Calculator

$8,371 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,433

Property Taxes

$938

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 744 Walnut Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $93,828
  • Vacancy Allowance Rate: 0
  • Net Operating Income: $71,832
  • Gross Multiplier: 15.9
  • Cap Rate: 4.71
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $21,996
  • Gardener Expense: $960
  • Fuel Expense: $0
  • Pest Control Expense: $912
  • Electric Expense: $2,040
  • Insurance Expense: $6,840
  • Professional Management Expense: $2,500
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $13,252
Tax / Assessment Info
  • Tax Annual Amount: $11,244
  • Tax Tract Number: 5764.03
  • CFD/Mello-Roos Fee: $1,122
  • Tax Lot: 21
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Curbs, Sidewalks
  • Community: Downtown (DT)
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Equipment: Gas Or Electric Dryer Hookup, Microwave, Refrigerator, Room
  • Interior Features: Balcony, Built-in Features, Ceiling Fan(s), Ceramic Counters, Unfurnished
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bedroom, Walk-In Closet
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Fireplace Features: Bath, Kitchen, Living Room, Patio, Gas
  • Fireplace Rooms: Bath, Gas, Kitchen, Living Room, Patio
  • Cooling: None
  • Heating Type: Floor Furnace, Wall Furnace
  • Heating: Floor Furnace, Wall Furnace
  • Heat Equipment: Floor Furnace
  • Flooring Type: Wood
  • Flooring: Wood
Exterior Features
  • Door Features: Panel Doors
  • Window Features: Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Security Lights
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Roof: Composition, Flat
  • Entry Location: front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Treed Lot
  • Direction Faces: West
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: 220 Volts in Laundry, Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Garage - 2 Car
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Two Door
Property / Structure Info
  • Builders Tract Name: Downtown
  • Builders Tract Code: Downtown (DT)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,125
  • Unit Type Total Rent: $1,125
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 1
Unit 2
  • 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: $1,369
  • Unit Type Total Rent: $1,369
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 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: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 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: $1,725
  • Unit Type Total Rent: $1,725
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5

Property History for 744 Walnut Avenue

DateEvent & SourcePriceAppreciation
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—
DateEvent & SourcePrice
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

Taxable ValueLand$552,847Additions$237,360Total$790,207
Tax Record2025$11,252 ($938 / month)
Home Facts
Total Finished SqFt4,670 SqFtAbove Grade Finished SqFt4,670 SqFtLot Size6,727 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningLBR2NCountyLOS ANGELESAPN7267-028-024

Schools near 744 Walnut Avenue

This home is within Long Beach Unified School District.
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.

Similar Homes

Similar Sold Homes

744 Walnut Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on January 12, 2026 by First Team Real Estate, it's currently listed at $1,525,000. It has been on the market for a total of 10 days and was last sold on September 2, 2014. This listing's school district is Long Beach Unified School District. Nearby schools include Burbank Elementary School, Franklin Classical Middle School and Polytechnic High School. 744 Walnut Avenue is a 6-bed, 5-bath, 4,670 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate, Cindy Ludwig, DRE #01020764

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.