Seller's Agent in 2025
Jason Kirklen
Kirklen Investment Group
(949) 942-1302
1 in this area
27 Total Sales
1334 Walnut Ave Long Beach, CA 90813
Cambodia Town Neighborhood
3
Beds
2
Baths
14,842
Sq Ft
0.3
Acre Lot
Highlights
- 0.3 Acre Lot
- Laundry Facilities
- 4-minute walk to Douglas Macarthur Park
- Long Beach Polytechnic High School Rated A
About This Home
As of October 2025Presenting an exceptional investment opportunity in Long Beach, CA. This distinguished 14,842 SF building, comprising 22 units, is tailor-made for savvy multifamily/low-rise/garden investors. Built in 1962, the property is strategically positioned in the thriving Long Beach rental market. With its newer windows, a superb mix of one- and two-bedroom ?oorplans, garage parking, separately metered for gas and electric, and on-site laundry facilities, this property offers a seamless and lucrative investment potential. Situated on two, adjacent parcels, the property does not require any on-site management. Don't miss out on this chance to add a robust asset to your portfolio. Schedule a viewing today and unlock the full potential of this exceptional property.
Last Agent to Sell the Property
Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 05/27/2025
Last Buyer's Agent
Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 05/27/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 13,048 Sq Ft Lot
- Two or More Common Walls
- Density is 21-25 Units/Acre
- 7261027005
Parking
- 13 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 14,842 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 6 / 1
- Tax Tract Number 5752
- Assessor Parcel Number 7261027006
- $4,140 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 22 Units
Amenities
- Laundry Facilities
Building Details
- 23 Separate Electric Meters
- 23 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $16,771
- Maintenance Expense $20,790
- Professional Management Expense $18,424
- Water Sewer Expense $25,872
- New Taxes Expense $59,949
- Operating Expense $143,782
- Gross Income $409,581
- Net Operating Income $265,799
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2025
Closed on
Sep 30, 2025
Sold by
Bought by
Seller's Agent
Jason Kirklen
Kirklen Investment Group
Buyer's Agent
Jason Kirklen
Kirklen Investment Group
List Price
$4,500,000
Sold Price
$3,700,000
Premium/Discount to List
-$800,000
-17.78%
Views
2
Purchase Details
Closed on
Oct 20, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
0.028%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 5, 2018
Closed on
Feb 19, 2019
Sold by
Bought by
Seller's Agent
Julieanne Lam Phan
Phan Property Management
Buyer's Agent
Anthony Walker
Buckingham Investments, Inc
List Price
$4,130,000
Sold Price
$4,050,000
Premium/Discount to List
-$80,000
-1.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
0.044%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,700,000 | Chicago Title | ||
| $2,175,000 | Orange Coast Ttl Co Of Socal | ||
| $4,050,000 | Old Republic Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,615,000 | ||
| Previous Owner | $2,990,000 | ||
| Previous Owner | $3,000,000 | ||
| Previous Owner | $1,880,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2025 10/16/25 | Sold | $3,700,000 | -17.8% | $249 / Sq Ft | |
| 05/31/2025 05/31/25 | Pending | -- | -- | -- | |
| 05/27/2025 05/27/25 | For Sale | $4,500,000 | +11.1% | $303 / Sq Ft | |
| 02/21/2019 02/21/19 | Sold | $4,050,000 | -1.9% | $530 / Sq Ft | View Prior Sale |
| 11/05/2018 11/05/18 | For Sale | $4,130,000 | -- | $540 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $32,262 | $2,354,288 | $1,412,573 | $941,715 |
| 2024 | $30,836 | $2,308,126 | $1,384,876 | $923,250 |
| 2023 | $30,302 | $2,262,870 | $1,357,722 | $905,148 |
| 2022 | $28,453 | $2,218,500 | $1,331,100 | $887,400 |
| 2021 | $27,856 | $2,175,000 | $1,305,000 | $870,000 |
| 2020 | $28,879 | $2,244,280 | $1,122,000 | $1,122,280 |
| 2019 | $9,831 | $654,087 | $141,769 | $512,318 |
| 2018 | $9,515 | $641,269 | $138,990 | $502,279 |
| 2016 | $8,742 | $616,100 | $133,594 | $482,506 |
| 2015 | $8,424 | $606,847 | $131,588 | $475,259 |
| 2014 | $8,428 | $594,961 | $129,011 | $465,950 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Kirklen
-
Julieanne Lam Phan
J
Seller's Agent in 2019
Julieanne Lam Phan
Phan Property Management
(714) 655-1434
7 Total Sales
-
Anthony Walker
Buyer's Agent in 2019
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
3 in this area
89 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25117518
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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