1022 Walnut Avenue

Long Beach, CA 90813

$700,000
Price
6
Beds
4
Baths
2,310 Sq. Ft.
$303 / Sq. Ft.
2,310
Sq. Ft.
$303
per Sq. Ft.

Description

Calling all INVESTORS and EXPERIENCED LANDLORDS to this 2 units gem in Long Beach. The units' living quarters are detached and occupied by long-term tenants and they would love to stay. Each unit has three bedrooms, 2 baths, and a two-car garage. The real highlights of these units lie in their potential rental incomes once they are refurbished. Both units need updating. Sold-as-is, where-is. Bring your imagination. 5-minute drive to the beach and is close to shopping centers and schools. Do not disturb...Calling all INVESTORS and EXPERIENCED LANDLORDS to this 2 units gem in Long Beach. The units' living quarters are detached and occupied by long-term tenants and they would love to stay. Each unit has three bedrooms, 2 baths, and a two-car garage. The real highlights of these units lie in their potential rental incomes once they are refurbished. Both units need updating. Sold-as-is, where-is. Bring your imagination. 5-minute drive to the beach and is close to shopping centers and schools. Do not disturb the tenants. Buyer to take over both tenants at the close of escrow.
  1. Listed by Sotheary Sar • DRE #02076450 • Brokerage DRE #01526842 • Re/Max Top Producers • 562-822-9229
  2. Listed by Sophie Cheang • DRE #02062473 • Brokerage DRE #01526842 • Re/Max Top Producers

Property Details for 1022 Walnut Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2310
Assessor Parcel Number
7267-011-006
Property Attached YN
false

Location

Listing Courtesy of Re/Max Top Producers, Sotheary Sar, DRE #02076450; Re/Max Top Producers, Sophie Cheang, DRE #02062473
Add your commute
LISTING UPDATED: 05/25/2024 01:05 PM

Property Details for 1022 Walnut Avenue

StatusActive
MLS #RS24091637
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.14 AC / 6,086 SF
CountyLos Angeles County

Location

Listing Courtesy of Re/Max Top Producers, Sotheary Sar, DRE #02076450; Re/Max Top Producers, Sophie Cheang, DRE #02062473
Add your commute

Building Information for 1022 Walnut Avenue

Stories1Residences-Year Built1948Building Size-Lot Size0.14 AC / 6,086 SF

Payment Calculator

$4,557 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$737

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1022 Walnut Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: other
  • Tax Census Tract: 5764.03
  • CFD/Mello-Roos Fee: $558
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Flooring: Tile
Exterior Features
  • Entry Location: 1
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Poly High
  • Builders Tract Code: Poly High (PH)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 1022 Walnut Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1022 Walnut Avenue

Taxable ValueLand$391,387Additions$274,100Total$665,487
Tax Record2023$8,839 ($737 / month)
Home Facts
Total Finished SqFt2,310 SqFtAbove Grade Finished SqFt2,310 SqFtLot Size6,086 SqFtStyleDuplexYear Built1948ZoningLBR2NCountyLOS ANGELESAPN7267-011-006

Schools near 1022 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
Lincoln 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

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1022 Walnut Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on May 7, 2024 by Re/Max Top Producers, it's currently listed at $700,000. It has been on the market for a total of 24 days and was last sold on May 16, 2003. This listing's school district is Long Beach Unified School District. Nearby schools include Lincoln Elementary School, Franklin Classical Middle School and Polytechnic High School. 1022 Walnut Avenue is a 6-bed, 4-bath, 2,310 sqft multi-family home built in 1948.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Top Producers, Sotheary Sar, DRE #02076450; Re/Max Top Producers, Sophie Cheang, DRE #02062473

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.