Venny Saucedo
eXp Realty of Greater L.A
(424) 349-4410
46 Total Sales
1 in Cambodia Town
$920,000 Price
1408 Walnut Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated Value: $1,152,000 - $1,267,000
7
Beds
4
Baths
3,538
Sq Ft
$347/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Level Lot
- Long Beach Polytechnic High School Rated A
- 4 Car Garage
- Vinyl Flooring
About This Home
As of December 2025Substantially renovated in 2022, 1408 Walnut Avenue is a fully stabilized four-unit multifamily investment property located in the heart of Long Beach. With modernized interiors, strong in-place rents, and a prime location near employment centers, this property checks all the boxes for a reliable long-term hold. Each unit has its own parking garage! Major improvements completed in 2022 include a complete re-piping of the entire property to pex plumbing, Units B, C and D have renovated kitchens and bathrooms with new cabinetry, countertops and fixtures, new flooring and paint and lighting throughout. The exterior was just freshly re-painted and this 4-plex has ADU potential by converting existing garages! Situated near Downtown Long Beach, Signal Hill, and key freeways, 1408 Walnut offers tenants excellent access to retail, dining, schools, and transit, ensuring strong rental demand.
Last Agent to Sell the Property
Marterra Real Estate Brokerage Phone: 949-910-1042 License #01839037 Listed on: 10/20/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 4,904 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 4 Car Garage
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,538 Sq Ft Home
- 2-Story Property
- Living Room
- Vinyl Flooring
- Gas Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Gas Dryer Hookup
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
- Tax Lot 52
- Tax Tract Number 5752
- Assessor Parcel Number 7261014024
- $879 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
- Poly High Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Gardener Expense $900
- Insurance Expense $4,961
- Pest Control $780
- Water Sewer Expense $720
- New Taxes Expense $13,750
- Operating Expense $21,111
- Gross Income $101,880
- Net Operating Income $80,769
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
Oct 20, 2025
Closed on
Dec 15, 2025
Sold by
1408 Walnutave Llc
Bought by
Seller's Agent
Christine Morgan
Marterra Real Estate
Buyer's Agent
Marvin Phillip
Y Realty
List Price
$1,250,000
Sold Price
$1,250,000
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,863
Avg. Annual Appreciation
-2.52%
Original Mortgage
$1,250,000
Outstanding Balance
$1,242,749
Interest Rate
6.22%
Mortgage Type
VA
Estimated Equity
-$14,612
Purchase Details
Closed on
Nov 18, 2021
Sold by
Ravikumar Asha
Bought by
1408 Walnutave Llc
Purchase Details
Listed on
Jul 1, 2020
Closed on
Dec 16, 2020
Sold by
Ruderman Noah
Bought by
Ravikumar Asha
Seller's Agent
Triana Warren
Bankers Realty Exclusive, Inc.
Buyer's Agent
Anthony Walker
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$675,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 1, 2020
Closed on
Nov 18, 2020
Sold by
Bell Timonty V
Bought by
Ravikumar Asha
Seller's Agent
Triana Warren
Bankers Realty Exclusive, Inc.
Buyer's Agent
Anthony Walker
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2006
Sold by
T Bell Holdings Llc
Bought by
Bell Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 25, 2005
Sold by
Bell Timothy V
Bought by
T Bell Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 26, 2002
Sold by
Hud
Bought by
Bell Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.87%
Purchase Details
Closed on
Mar 15, 2002
Sold by
Valdovinos Esmeralda S
Bought by
Citimortgage Inc
Purchase Details
Closed on
Dec 16, 1999
Sold by
Cal To Cal Investments Llc
Bought by
Valdovinos Esmeralda S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,841
Interest Rate
8.3%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 15, 1999
Sold by
Moschella Antonino
Bought by
Cal To Cal Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,841
Interest Rate
8.3%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 17, 1999
Sold by
Guerrero Alfonso
Bought by
Moschella Antonino
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cambodia Town, CA
-
Venny Saucedo
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
31 Total Sales
2 in Cambodia Town
$1,250,000 Price Range
-
Michelle Covington
Michelle Covington
Compass
(323) 416-3171
24 Total Sales
1 in Cambodia Town
$645,000 Price
-
Albert Soto
Albert Soto
True Inmobiliaria
(657) 279-5316
89 Total Sales
1 in Cambodia Town
$580,000 Price
-
Cody Charnell
Cody Charnell
Responds QuicklySage Real Estate Group, Inc.
(424) 788-0870
53 Total Sales
2 in Cambodia Town
$1,600,000 Price Range
-
Jason Kirklen
Jason Kirklen
Responds QuicklyKirklen Investment Group
(949) 942-8694
24 Total Sales
2 in Cambodia Town
$3,700,000 Price Range
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 |
|---|---|---|---|
| $1,250,000 | First American Title Company | ||
| 1408 Walnutave Llc | -- | None Available | |
| Ravikumar Asha | -- | Chicago Title | |
| Ravikumar Asha | $900,000 | Chicago Title | |
| Bell Timothy | -- | Accommodation | |
| T Bell Holdings Llc | -- | -- | |
| Bell Timothy | $260,000 | Commonwealth Land Title Co | |
| Citimortgage Inc | $346,504 | First American Title Ins Co | |
| Valdovinos Esmeralda S | $325,000 | Southland Title | |
| Cal To Cal Investments Llc | -- | Southland Title | |
| Moschella Antonino | $192,000 | Southland Title |
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 |
|---|---|---|---|
| Open | $1,250,000 | ||
| Previous Owner | Ravikumar Asha | $675,000 | |
| Previous Owner | Bell Timothy V | $800,000 | |
| Previous Owner | Bell Timothy | $350,000 | |
| Previous Owner | Bell Timothy Vernon | $174,300 | |
| Previous Owner | Bell Timothy | $455,000 | |
| Previous Owner | Bell Timothy | $45,100 | |
| Previous Owner | Bell Timothy | $372,000 | |
| Previous Owner | Bell Timothy | $247,000 | |
| Previous Owner | Valdovinos Esmeralda S | $322,841 |
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 |
|---|---|---|---|---|---|
| 12/23/2025 12/23/25 | Sold | $1,250,000 | 0.0% | $353 / Sq Ft | |
| 11/19/2025 11/19/25 | Pending | -- | -- | -- | |
| 10/20/2025 10/20/25 | For Sale | $1,250,000 | +38.9% | $353 / Sq Ft | |
| 12/21/2020 12/21/20 | Sold | $900,000 | 0.0% | $254 / Sq Ft | View Prior Sale |
| 11/09/2020 11/09/20 | Pending | -- | -- | -- | |
| 07/01/2020 07/01/20 | For Sale | $899,900 | -- | $254 / 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 |
|---|---|---|---|---|
| 2026 | $13,336 | $1,250,000 | $700,000 | $550,000 |
| 2025 | $13,336 | $974,187 | $584,513 | $389,674 |
| 2024 | $12,746 | $955,086 | $573,052 | $382,034 |
| 2023 | $12,530 | $936,360 | $561,816 | $374,544 |
| 2022 | $11,770 | $918,000 | $550,800 | $367,200 |
| 2021 | $11,525 | $900,000 | $540,000 | $360,000 |
| 2020 | $12,052 | $937,166 | $374,865 | $562,301 |
| 2019 | $11,911 | $918,791 | $367,515 | $551,276 |
| 2018 | $11,553 | $900,776 | $360,309 | $540,467 |
| 2016 | $10,622 | $865,800 | $346,319 | $519,481 |
| 2015 | $10,198 | $852,795 | $341,117 | $511,678 |
| 2014 | $10,135 | $836,090 | $334,435 | $501,655 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Morgan
Seller's Agent in 2025
Christine Morgan
Marterra Real Estate
(949) 910-1042
1 in this area
146 Total Sales
-
Daniel Morgan
Seller Co-Listing Agent in 2025
Daniel Morgan
Marterra Real Estate
(949) 413-0912
1 in this area
12 Total Sales
-
Marvin Phillip
Buyer's Agent in 2025
Marvin Phillip
Y Realty
(562) 207-8200
1 in this area
31 Total Sales
-
Triana Warren
Seller's Agent in 2020
Triana Warren
Bankers Realty Exclusive, Inc.
(424) 241-3499
7 Total Sales
-
AW
Buyer's Agent in 2020
Anthony Walker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25243436
APN: 7261-014-024
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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