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317 Walnut Ave
Long Beach, CA 90802
Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Building Size | 7,650 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | R4R, Long Beach | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 7,650 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | R4R, Long Beach |
Amenities
Unit Amenities
- Fireplace
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Stainless Steel Appliances
About 317 WALNUT AVE , LONG BEACH, CA 90802
317 Walnut Avenue is a 10-unit asset in popular Alamitos Beach, walking distance to the beach and Long Beach bike bath, as well as the dining and nightlife amenities of 4th Street/Retro Row. The building offers a mix of seven one-bedroom / one-bath and three two-bedroom / one-bath units. The stylish accommodations feature refurbished hardwood floors, reclaimed wood fireplaces and modern updated kitchens and baths. The property offers eight parking spaces and on-site laundry. With an attractive 4.6% cap rate, 317 Walnut Avenue offers investors an opportunity to own a renovated asset with turnkey units in a highly desirable rental submarket.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $1,710 | 700 |
| 2+1 | 3 | $1,910 | 917 |
Property Taxes
| Parcel Number | 7275-008-032 | Improvements Assessment | $279,073 |
| Land Assessment | $186,042 | Total Assessment | $465,115 |
Property Taxes
Parcel Number
7275-008-032
Land Assessment
$186,042
Improvements Assessment
$279,073
Total Assessment
$465,115
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