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Sold on 08/12/2024
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1022 Walnut Ave, Long Beach, CA 90813

$909,000

Last sold 08/12/2024 for $785K

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    bed

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    bath

Multi-family not for sale
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About 1022 Walnut Ave

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 6,086 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property 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 THE TENANTS. BUYER TO TAKE OVER BOTH TENANTS AT THE CLOSE OF ESCROW.
Listed by
Listing Agent - Sotheary Sar
Listing Agent Contact: 562-822-9229
Listing Office - Re/Max Top Producers
Source: CRMLS mls logo
MLS#RS24091637 • last updated 2 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1397
Lot Size (SqFt) 6086
Year Built 1948
Interior
Laundry In Kitchen
Flooring Tile
Exterior
Foundation Slab
Building Area Square Feet, 2310
Parking Garage
# Parking Spaces 2
# Garage Spaces 2
Lot Description 2-5 Units/Acre, Corner Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Sidewalks
Subdivision Poly High (PH), Poly High (PH)
Zoning LBR2N
Directions Heading West On 10th Street. Turn Right On Walnut.
APN 7267011006
Multifamily Details
$909K
Range: $790K-$1.02M
Last 30 days 
Rental est.: $1,333/month
Gross rent multiplier: 49.1
  • Aug 2024
    mls logo MLS # RS24091637
  • Aug 12, 2024 Sold
    $785,000 (+12.1%)
  • Jul 15, 2024 Pending
    —
  • Jul 5, 2024 Listed
    —
  • Jun 11, 2024 Pending
    —
  • May 7, 2024 Listed
    $700,000 (+557.3%)
  • Dec 2001
    mls logo MLS # P270729
  • Dec 27, 2001 Sold
    $106,500 (+1.5%)
  • Dec 4, 2001 Listed
    $104,900
  • Year Property taxes Tax assessment
  • 2024
    $8,988 +1.7%
    $678,796
  • 2023
    $8,839 +6.5%
    $678,796 +52.57%
  • 2022
    $8,303 +45.4%
    $444,904 +2.0%
  • 2021
    $5,712 +0.3%
    $436,181 +1.04%
  • 2020
    $5,697 +5.6%
    $431,709 +2.0%
  • 2018
    $5,393 +1.1%
    $423,245 +4.04%
  • 2017
    $5,336 +7.7%
    $406,812 +2.0%
  • 2016
    $4,953 +4.1%
    $398,836
  • 2015
    $4,757
    —
  • 1022 Walnut Ave
    $785K
  • Central Long Beach
    $510K +7% y/y
  • 90813
    $579K +11% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Lincoln Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. 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.
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