1451 Walnut Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated payment $5,062/month
Total Views
4,270
5
Beds
3
Baths
2,396
Sq Ft
$365
Price per Sq Ft
Highlights
- Open Floorplan
- Dual Staircase
- High Ceiling
- Long Beach Polytechnic High School Rated A
- Wood Flooring
- No HOA
About This Home
Welcome to this charming and recently updated two-story duplex located in the heart of vibrant Long Beach! The exterior has been freshly painted, giving the property a clean, modern look. Enjoy plenty of off-street parking with convenient access through the alley — a rare find in this area!
Each unit is spacious, well maintained, and occupied by reliable long-term tenants, making this an excellent investment opportunity with immediate rental income. Whether you're a savvy investor or a homeowner looking to live in one unit and rent out the other, this property offers flexibility and strong rental potential.
The location is unbeatable — just minutes from downtown Long Beach, the waterfront, and popular attractions like The Pike, Aquarium of the Pacific, and Shoreline Village. You'll also have quick access to major freeways including the 405 and 710, making commuting a breeze.
Don’t miss out on this prime opportunity in one of Southern California’s most dynamic coastal cities!
Location, value, and potential — this property has it all.
Listing Agent
Seal Real Estate Brokerage Phone: 714-861-9309 License #01386221 Listed on: 06/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,266
Year Built
- Built in 1931
Lot Details
- 5,127 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Wood Fence
- Block Wall Fence
- Flag Lot
- Back Yard
Home Design
- Duplex
- Flat Roof Shape
- Raised Foundation
- Fire Rated Drywall
- Pre-Cast Concrete Construction
Interior Spaces
- 2,396 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Dual Staircase
- Bar
- High Ceiling
- Living Room
- Neighborhood Views
- Convection Oven
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Parking Available
- Paved Parking
- Parking Lot
Utilities
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 575
- Assessor Parcel Number 7268039023
- $516 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $832
- Water Sewer Expense $832
- Operating Expense $1,664
- Gross Income $35,484
- Net Operating Income $33,820
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,266 | $225,343 | $156,015 | $69,328 |
| 2024 | $3,266 | $220,925 | $152,956 | $67,969 |
| 2023 | $3,211 | $216,594 | $149,957 | $66,637 |
| 2022 | $3,027 | $212,348 | $147,017 | $65,331 |
| 2021 | $2,953 | $208,185 | $144,135 | $64,050 |
| 2019 | $2,911 | $202,012 | $139,861 | $62,151 |
| 2018 | $2,775 | $198,052 | $137,119 | $60,933 |
| 2016 | $2,542 | $190,364 | $131,796 | $58,568 |
| 2015 | $2,446 | $187,506 | $129,817 | $57,689 |
| 2014 | $2,440 | $183,834 | $127,275 | $56,559 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $875,000 | -5.4% | $365 / Sq Ft |
| 06/24/2025 06/24/25 | For Sale | $925,000 | -- | $386 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $190,100 | New Conventional | |
| Closed | $227,500 | Unknown | |
| Closed | $142,800 | Unknown |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25142264
APN: 7268-039-023
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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