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1022 Walnut Ave, Long Beach, CA 90813
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1022 Walnut Ave Long Beach, CA 90813

$700,000
  • 6 Beds
  • 4 Baths
  • 2,310 Sq.Ft.
For Sale
$700,000 Get Pre-Qualified
Map preview of 1022 Walnut Ave, Long Beach, CA 90813

Property Overview: 1022 Walnut Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 2,310 living square feet and 6,086 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 Sotheary Sar | BRE #02076450 | Re/Max Top Producers
Co-listed by Sophie Cheang | BRE #02062473 | Re/Max Top Producers
Last checked: 3 minutes ago | Last updated: May 11th, 2024 | Source CRMLS | DOM: 8
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Home details

Lot Sq. Ft
6,086
HOA Dues
$0/mo
Year built
1948
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
RS24091637
City
Long Beach
County
Los Angeles
Time on Site
10 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 1022 Walnut Ave

Interior Features
Laundry Information
  • Has Laundry
  • In Kitchen
Room Information
  • Flooring: Tile
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7267011006
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: heading west on 10th street. turn right on walnut.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1022 Walnut Ave

Last sold for $326,000 on May 16th, 2003

  • May, 2024

  • May 10, 2024

    Date

    Active

    CRMLS: RS24091637

    $700,000

    Price

  • May, 2003

  • May 16, 2003

    Date

    Sold (Public Records)

    Public Records

    $326,000

    Price

  • January, 2002

  • Jan 17, 2002

    Date

    Sold (Public Records)

    Public Records

    $106,500

    Price

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Tax History for 1022 Walnut Ave

Assessed Value (2020): $431,709
Year Land Value Improved Value Assessed Value
2020 $201,286 $230,423 $431,709

Home Value Compared to the Market

This property vs the competition

1022 Walnut Ave is listed 12.39% lower than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $643 and this home is listed at $303.03 per/sqft which puts the price per square foot 52.87% lower than the median price per square foot for the city of Long Beach.

About 1022 Walnut Ave

Detailed summary of property

1022 Walnut Ave is a duplex located in Long Beach, CA 90813 and is currently for sale. This duplex offers 6 bedrooms, 4 bathrooms, roughly 2,310 living square feet, and sits on an approximately 6,086 square foot lot. 1022 Walnut Ave was first listed on ArdentRealEstateGroup.com on May 10, 2024. The homeowner is currently asking $700,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $643. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 12.39% lower than the median priced home. Local competing homes currently for sale include 2111 E 118th St, 2117 E 112th St and 1213 E 119th St. While the average home in Long Beach, CA is selling in 51 days, 1022 Walnut Ave has a days on market of 8 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1022 Walnut Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1022 Walnut Ave

Public county record property details
Beds
6
Baths
4
Year built
1948
Sq. Ft.
2,310
Lot Size
6,085
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
7267-011-006

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$600,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
33
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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