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. Alamitos Beach is a popular coastal neighborhood within minutes of the best that Long Beach has to offer. The area is also adjacent to booming Downtown Long Beach and the multitude of employment opportunities.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $1,963 | 917 |
| 1+1 | 7 | $1,738 | 700 |
Property Taxes
| Parcel Number | 7275-008-032 | Improvements Assessment | $279,073 |
| Land Assessment | $186,042 | Total Assessment | $465,115 |
Property Taxes
