901 Walnut Avenue
901 Walnut Avenue
$895,000
4
3
2,302
2,302
$389
Closed 4/1/21
Description
Rare Investment opportunity located in Historic Craftsman Village! Fantastic corner lot location consisting of a traditional Craftsman home with beautiful architectural lines & a gracious front porch on Walnut Ave., along with a recently remodeled Duplex consisting of 2 (1x1) Units plus a separate studio located on the 9th st side of the lot. So many possibilities, along with a huge upside potential on the rents! All of these have long term tenants of 3 plus years or more. This could go as an owner...Rare Investment opportunity located in Historic Craftsman Village! Fantastic corner lot location consisting of a traditional Craftsman home with beautiful architectural lines & a gracious front porch on Walnut Ave., along with a recently remodeled Duplex consisting of 2 (1x1) Units plus a separate studio located on the 9th st side of the lot. So many possibilities, along with a huge upside potential on the rents! All of these have long term tenants of 3 plus years or more. This could go as an owner user who would want to remodel the House and live in it, or for the investor looking for a nice addition to their portfolio, or for the investor who would want to remodel the front house as well as the studio for resale. Multi unit remodels in the area are going up right now due to the lack of inventory. This really is a must see as these do not hit the market very often. The Duplex was fully remodeled in 2015 with permits. Please note that interior photos are of the duplex upon its remodel prior to being occupied. There is also a fully transferable Oil & Gas lease that will provide approx $2000 annually of passive income. Showings will be conducted on weekends only, so call listing agent to schedule your showing today.
- Listed by Scott Niles • DRE #01923986 • Brokerage DRE #01524211 • Elements Real Estate
Property Details for 901 Walnut Avenue
Architectural Style
Craftsman
ViewNone
Parking Spaces Total2
Private PoolNo
Cooling TypeWall/Window
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Location
LISTING UPDATED: 04/01/2021 12:12 PM
Property Details for 901 Walnut Avenue
Status | Closed |
---|---|
MLS # | SB21038087 |
Days on Market | 6 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
County | Los Angeles County |
Location
Building Information for 901 Walnut Avenue
Building/Complex901 Walnut AveFloor-Stories2Residences-Pet Policy-Year Built1922Building Size-
Payment Calculator
$5,915 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 901 Walnut Avenue
Property History for 901 Walnut Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 901 Walnut Avenue
Taxable ValueLand$603,432Additions$327,726Total$931,158
Tax Record2023$12,375 ($1,031 / month)
Home Facts
Total Finished SqFt2,302 SqFtAbove Grade Finished SqFt2,302 SqFtLot Size5,715 SqFtStyleQuadraplexYear Built1922ZoningLBR2NCountyLOS ANGELESAPN7267-019-007
Schools near 901 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.
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