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Sold on 03/14/2025
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311 Walnut Ave, Long Beach, CA 90802

$991,000

Last sold 03/14/2025 for $995K

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    bed

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    bath

Multi-family not for sale

About 311 Walnut Ave

Property type Multi-family
Neighborhood
Year built 1907
HOA fee $0/month
Lot size 6,264 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Charming Craftsman Duplex in Alamitos Beach – Prime Location & Endless Potential Nestled in the heart of Long Beach’s sought-after Alamitos Beach neighborhood, this charming Craftsman duplex is just blocks from the ocean, Retro Row, and vibrant downtown Long Beach. Offering 1,582 sq. ft. of living space on a generous 6,254 sq. ft. lot, this unique property features two well-appointed units, each exuding character, charm, and a blend of modern updates with timeless period details. Unit 311: A spacious 1-bedroom, 2-bathroom residence (approx. 964 sq. ft.) with beautiful hardwood floors, wood moldings, and abundant natural light from the sunroom’s expansive windows. The charming dining room is perfect for entertaining, while the remodeled main bathroom (2023) boasts copper plumbing, custom tile, and updated fixtures. The kitchen, upgraded in 2014, features quartz countertops, modern cabinetry, and stainless steel appliances. The bedroom includes an en-suite bathroom for added privacy and convenience. Unit 311A: A 1-bedroom, 1-bathroom unit (approx. 618 sq. ft.) featuring hardwood floors and an upgraded bathroom with copper plumbing, a new bathtub, custom tile, and modern fixtures. This property has been thoughtfully updated, including a new roof (2015) with new plywood, and upgraded electrical panels (2014), ensuring the complete removal of knob-and-tube wiring with proper grounding. A 220V outlet was installed in the garage for an electric vehicle charger. Additional highlights include two single-car garages, ample parking (including a long driveway that accommodates 2-3 more cars), and a shared laundry room with a stackable washer and dryer. The spacious backyard and open courtyard provide an inviting space for outdoor gatherings, while the drought-resistant landscaping enhances curb appeal. With its prime location, flexible living arrangements, and ADU potential, this property offers endless possibilities—whether for an owner-occupant, investor, or developer looking to maximize its value. Don’t miss this rare opportunity to own an affordable duplex in one of Long Beach’s most desirable neighborhoods!
Listed by
Listing Agent - Spencer Pabst
Listing Agent Contact: 562-884-6875
Listing Office - Pabst, Kinney & Associates
Source: CRMLS mls logo
MLS#PW25024752 • last updated 1 year ago
Movoto checked CRMLS for data 1 minute ago
Overview
Type Residential Income
SubType Duplex
Status Active Under Contract
Lot Size (Acres) 0.1438
Lot Size (SqFt) 6264
Year Built 1907
Interior
Exterior
Building Area Square Feet, 1582
# Uncovered Spaces 4
# Parking Spaces 6
# Garage Spaces 2
Lot Description Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Zoning LBR3S
Directions 3rd Street, North On Walnut
APN 7275008013
Multifamily Details
Gross Income 5000
Gross Scheduled Income 60000
$991K
Range: $852K-$1.12M
Last 30 days 
Rental est.: $1,230/month
Gross rent multiplier: 67.4
  • Mar 2025
    mls logo MLS # PW25024752
  • Mar 15, 2025 Sold
    $995,000
  • Feb 12, 2025 Active
    —
  • Feb 4, 2025 Listed
    $995,000 (+114.4%)
  • Mar 2025
    Public Records
  • Mar 14, 2025 Sold
    $995,000
  • Oct 2013
    Public Records
  • Oct 4, 2013 Sold
    $464,000
  • Oct 2013
    mls logo MLS # PW13156315
  • Oct 4, 2013 Sold
    $464,000 (-2.3%)
  • Aug 4, 2013 Listed
    $475,000
  • Year Property taxes Tax assessment
  • 2024
    $7,376 +1.7%
    $557,637 +2.0%
  • 2023
    $7,251 +6.5%
    $546,704
  • 2022
    $6,811 +2.0%
    $546,704 +4.04%
  • 2021
    $6,678 +0.2%
    $525,477 +1.04%
  • 2020
    $6,662 +5.1%
    $520,090 +2.0%
  • 2018
    $6,338 +1.1%
    $509,893 +4.04%
  • 2017
    $6,271 +7.4%
    $490,095 +2.0%
  • 2016
    $5,838 +4.2%
    $480,486
  • 2015
    $5,603
    —
  • 311 Walnut Ave
    $995K
  • Franklin School
    $495K +22% y/y
  • 90802
    $459K -8% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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