834 Walnut, Long Beach, CA 90813
834 Walnut, Long Beach, CA 90813
834 Walnut, Long Beach, CA 90813
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$1,449,000
Est. payment /mo
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6,063 Sqft Lot
Active Under Contract

834 Walnut Long Beach, CA 90813

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW26106205

HOA Y/N No

Year Built 1965

Lot Size 6,063 Sqft

Property Sub-Type Quadruplex

Property Description

834 Walnut presents a rare opportunity to acquire a large, well-maintained 4-unit apartment building just 8 blocks from the beach in one of Long Beach's most desirable rental markets. Situated on a 6,065 sqft lot, the property offers approximately 3,993 sqft of living space and features an ideal unit mix for both investors and owner-occupants. The front “owner's unit” is exceptionally large and consists of 6 bedrooms, 2 bathrooms, and a spacious laundry room, creating a variety of potential use cases including owner occupancy, multigenerational living, or a high-income “rent by the room” strategy. The rear of the property includes (3) well-positioned 2-bedroom/1-bath units with strong in-place rents, providing stable cash flow from day one. The property also features a shared laundry room with coin-operated machines for additional income, plus (5) garages and driveway parking. Ideally located near Downtown Long Beach, 4th Street Retro Row, Belmont Shore, and just 8 blocks from the beach, this property offers strong appeal for owner-occupants, long-term investors, ADU developers, or buyers looking to maximize income through a rent-by-the-room strategy in the front unit.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Heating Electric

Fireplace No

Laundry Common Area, Inside

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Suburban

Total Parking Spaces 9

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7267018017

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Cody Charnell Sage Real Estate Group, Inc. 562-896-3851, DRE #01950585

NEARBY SCHOOL & BUSINESS

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RealEZtate Pros

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+1(480) 420-9486

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