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1632 Walnut Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
21 Units

Property Facts
| No. Units | 21 | Building Size | 10,722 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 0.47/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | LBR2N | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 10,722 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 0.47/1,000 SF |
| Zoning | LBR2N |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
Site Amenities
- Courtyard
- Fenced Lot
- Gated
About 1632 WALNUT AVE , LONG BEACH, CA 90813
The Walnut Avenue Apartments sits on an oversized lot of 16,505 s.f. comprised of two buildings consisting of a studio, eighteen one-bedroom units, and two two-bedroom units. Investors are presented with a value-add opportunity allowing them to increase rents by 20%. The asset is located in the booming neighborhood of Eastside. This area is adjacent to Circle Area's restaurants, coffee shops, shopping, parks, nightlife venues and only a short drive to California State Long Beach.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,075 | 475 |
| 1+1 | 18 | $1,164 | 500 |
| 2+1 | 2 | $1,369 | 624 |
Links
Property Taxes
| Parcel Number | 7261-012-005 | Improvements Assessment | $1,307,991 |
| Land Assessment | $1,471,029 | Total Assessment | $2,779,020 |
Property Taxes
Listing ID: 11530391
Date on Market: 2/8/2018
Last Updated:
Address: 1632 Walnut Ave, Long Beach, CA 90813
The Downtown Long Beach Multifamily Property at 1632 Walnut Ave, Long Beach, CA 90813 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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