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932 Walnut, Long Beach, CA 90813

  • $1,050,000

  • bed

  • bath

Multi-family for sale 5 days
Movoto is helping 68 homebuyers near you

About 932 Walnut

Property type Multi-family
Neighborhood
Year built 1918
HOA fee $0/month
Lot size 5,858 Sqft
Movoto estimate
Rental estimate
Property description
Two large totally renovated 4 bedroom homes on a lot for the price of one! Move-in ready front house plus an upgraded rear house generating enough consistent income to cover more than 50% of your mortgage with a long-term stable rental history. With over 2700 of total rentable square footage, both houses have been totally modernized including renovated bathrooms & kitchens, new windows, vinyl flooring, overhead lighting, open concept floor plans, and in-unit laundry. Extensive major system replacements have been done with new electrical wiring and panels (2019), full plumbing supply & drain re-pipe (2025), sewer line (2024), and new fencing and security gate (2022). Both homes also offer attractive outdoor spaces making each feel like a true single family residence. A covered porch and large patio in the front plus a private side deck with an outdoor bonus room give the front home tons of indoor/outdoor living while the rear home offers a private patio plus gated parking for 2 cars. The two units are separately metered for gas an electrical, minimizing expenses. Located at the border between Craftsman Village and Cambodia town neighborhoods, the location is very walkable with many local markets and shops. Short commutes of 10 blocks to the beach, 2 miles to the 710 freeway, and 2.5 miles to the 405. The Blue line with express service to downtown LA is just 1 mile to the West.
Listed by
Listing Agent - Anthony Walker
Listing Agent Contact: 310-561-4776
Listing Office - Buckingham Investments, Inc
Source: CRMLS mls logo
MLS#SB26171304 • last updated 14 hours ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style One, Bungalow
Type Residential Income
SubType Duplex
Status Active
Lot Size (Acres) 0.1345
Lot Size (SqFt) 5858
Year Built 1918
Condition Turnkey
Interior
Laundry Inside
Appliances Gas Range
Accessibility Features None
Exterior
Foundation Raised
Construction Stucco
Building Area Square Feet, 2725
Roof Composition
Parking Driveway
# Uncovered Spaces 2
# Parking Spaces 2
Lot Description Rectangular Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Urban
Subdivision Downtown (DT), Downtown (DT)
Directions East Side Of Walnut, Just South Of 10th St.
APN 7267018003
Multifamily Details
Vacancy Allowance Rate 5
Operating Expense 28913
Cap Rate 4.3
Expense: Insurance 3406
Total Expenses 28913
Expense: Maintenance 3696
Expense: Water/ Sewer 833
Gross Income 76200
Gross Operating Income 73914
Gross Multiplier 13.78
Gross Scheduled Income 76200
Expense: Gardener 1600
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around Hellman

Explore everything this neighborhood has to offer. Learn more about Hellman.
82/100
Walk
75/100
Family
90/100
Dining
96/100
Pet
  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90813
  • Hellman
  • 932 Walnut

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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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