726 Walnut Ave, Long Beach, CA 90813
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726 Walnut Ave Long Beach, CA 90813

$751,000 Sold Price as of 07/16/2021
  • 3 Beds
  • 2 Baths
  • 1,729 Sq.Ft.
Sold
$751,000 Sold Price as of 07/16/2021 Refinance Your Mortgage

Map preview of 726 Walnut Ave, Long Beach, CA 90813

Property Overview: 726 Walnut Ave Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,729 living square feet and 6,728 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Own a great investment opportunity in a classic Craftsman duplex in the city of Long Beach. This is a duplex, 2 homes in a 1 lot. You, your tenants or both can enjoy the privacy of having 2 separate homes. The front unit is a 2 bedroom (den turned into a 3rd bedroom) and 1 bath at 1,152 sq ft. The back unit is a 1 bedroom and 1 bath unit at 568 sq ft. Both units have separate parking spaces. This is a great investment opportunity. Live in one unit, rent the other or rent both units. Both units will be

Listed by Christine Almarines | BRE #01412944 | Keller Williams Realty
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
6,728
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS21105282
City
Long Beach
County
Los Angeles
Time on Site
1213 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $19,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,800
  • New Taxes: $9,562
  • Trash: $900
  • Insurance: $3,600
  • Professional Management: $2,100
  • Water/Sewer: $900

Property Details for 726 Walnut Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7267028026
  • Year Built Source: Public Records
  • Architectural Style: Craftsman
  • Property is not Attached
  • Property Condition: Fixer, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: unknown
  • Directions: From 7th Street, head north on Walnut
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 726 Walnut Ave

Last sold for $751,000 on July 16th, 2021
  • July, 2021

  • Jul 19, 2021

    Date

    Sold

    CRMLS: RS21105282

    $751,000

    Price

  • Jul 2, 2021

    Date

    Pending

    CRMLS: RS21105282

    $675,000

    Price

  • Jun 15, 2021

    Date

    Price Change

    CRMLS: RS21105282

    $675,000

    Price

  • May 26, 2021

    Date

    Active

    CRMLS: RS21105282

    $765,000

    Price

Tax History for 726 Walnut Ave

Assessed Value (2020): $93,950
Year Land Value Improved Value Assessed Value
2020 $58,488 $35,462 $93,950

Home Value Compared to the Market

This property vs the competition

726 Walnut Ave sold on July 16, 2021 for 17.58% lower than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $390.4 per/sqft which puts the price per square foot 37.83% lower than the current median sale per square foot for the city of Long Beach.

About 726 Walnut Ave

Detailed summary of property

726 Walnut Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,729 living square feet, and sits on an approximately 6,728 square foot lot. 726 Walnut Ave was first listed on ArdentRealEstateGroup.com on May 26, 2021. The homeowner sold the property for $751,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 17.58% lower than the current median priced home. Local homes that are currently for sale include 1428 E 59th St, 1622 E.63rd st. and 2841 E 65th St. While the average home in Long Beach, CA is selling in 62 days, 726 Walnut Ave has a days on market of 37 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 726 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 726 Walnut Ave

Public county record property details
Beds
3
Baths
2
Year built
1918
Sq. Ft.
1,720
Lot Size
6,728
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
7267-028-026

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
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), 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.