$3,150,000 - 317 Walnut Avenue, Long Beach

  • 3Beds
  • 2Baths
  • 7,650SQ. Feet
  • 0.21Acres

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 accomodations 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 4.61% cap rate, 317 Walnut Avenue offers investors an opportunity to own a renovated asset with turnkey units in a highly desirable rental submarket.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW18271771
  • Price:$3,150,000
  • Bedrooms:3
  • Bathrooms:2.00
  • Square Footage:7,650
  • Acres:0.21
  • Year Built:1959
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:317 Walnut Avenue
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Alamitos Beach (AB)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90802


  • Parking Spaces:8


  • Fireplace:Yes
  • # of Stories:2
  • Stories:Two


  • Lot Description:6-10 Units/Acre

Additional Information

  • Date Listed:November 13th, 2018
  • Days on Market:117
  • Zoning:LBR3S

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Provided By: Robert Stepp(01456379), Keller Williams Pacific Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of March 19th, 2019 at 12:01pm CDT. 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.