# 1323 Walnut Ave, Long Beach, CA 90813 > **TL;DR:** 8bd/6ba commercial, $1,599,000, built 1922. Est. $8,551/mo. Listed 94 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,599,000 | | Bedrooms | 8 | | Bathrooms | 6 full | | Year Built | 1922 | | Lot Size | 6,364 sqft (0.15 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 94 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,085 | | Estimated Insurance | $466 | | **Total** | **$8,551** | ## Property Highlights - Built in 1922 - 0.15 acre lot - 2 stories - 8 parking spaces ## Description ### Agent Description Great turnkey investment opportunity in a high-demand Long Beach rental market offered at a 5.6% cap rate! This fully stabilized 6-unit multifamily asset features a strong mix of four 1-bed and two 2-bed units, all completely updated within the past year and performing at maximum market rents. Perfect for investors seeking immediate cash flow with minimal deferred maintenance. Completely updated electrical system rewired within the past year, reducing future CapEx risk. The property features a gated rear parking lot offering 8 dedicated spots and a 1:1 tenant-to-parking ratio. Easy freeway access just minutes from the 710, 405, and 605 freeways, the A Line Metro, and major employment hubs like the Port of Long Beach. Steps to the vibrant Anaheim Corridor and Cambodia Town dining, and blocks from the beach, walking paths, and ocean views. ## Location - **Address:** 1323 Walnut Ave, Long Beach, CA 90813 - **County:** Los Angeles - **Neighborhood:** Other (OTHR) - **Coordinates:** 33.783335, -118.172179 - **Google Maps:** https://www.google.com/maps?q=33.783335,-118.172179 ## Listing Agent - **Name:** Tyson Storr · **License:** 02179872 - **Brokerage:** Buckingham Investments, Inc. - **Phone:** 4242122321 - **Broker Phone:** (562) 208-4890 ## Photos ![1323 Walnut Ave - Photo 1](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f3670338888r.jpg) ![1323 Walnut Ave - Photo 2](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f2721627240r.jpg) ![1323 Walnut Ave - Photo 3](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f2851716627r.jpg) ![1323 Walnut Ave - Photo 4](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f1696222201r.jpg) ![1323 Walnut Ave - Photo 5](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f1133426819r.jpg) ![1323 Walnut Ave - Photo 6](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f2629128722r.jpg) ![1323 Walnut Ave - Photo 7](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f1063961308r.jpg) ![1323 Walnut Ave - Photo 8](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f2834506340r.jpg) ![1323 Walnut Ave - Photo 9](http://lh.rdcpix.com/6f49c84f3126e8b93cf6f81ba89e3823l-f1417411710r.jpg) --- **MLS#:** IN26149247 | **Updated:** 2026-09-22 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1323-walnut-ave-long-beach-ca-90813-26149247) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1323-walnut-ave-long-beach-ca-90813-26149247#listing", "url": "https://www.propertysimple.ai/listing/1323-walnut-ave-long-beach-ca-90813-26149247", "name": "1323 Walnut Ave, Long Beach, CA 90813", "description": "Great turnkey investment opportunity in a high-demand Long Beach rental market offered at a 5.6% cap rate! This fully stabilized 6-unit multifamily asset features a strong mix of four 1-bed and two 2-bed units, all completely updated within the past year and performing at maximum market rents. Perfect for investors seeking immediate cash flow with minimal deferred maintenance. 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