834 Walnut Ave Long Beach, CA 90813
Hellman NeighborhoodEstimated payment $9,503/month
Highlights
- Laundry Room
- Long Beach Polytechnic High School Rated A
- Heating Available
About This Home
834 Walnut presents a rare opportunity to acquire a large, well-maintained 4-unit apartment building just 8 blocks from the beach in one of Long Beach’s most desirable rental markets. Situated on a 6,065 sqft lot, the property offers approximately 3,993 sqft of living space and features an ideal unit mix for both investors and owner-occupants. The front “owner’s unit” is exceptionally large and consists of 6 bedrooms, 2 bathrooms, and a spacious laundry room, creating a variety of potential use cases including owner occupancy, multigenerational living, or a high-income “rent by the room” strategy. The rear of the property includes (3) well-positioned 2-bedroom/1-bath units with strong in-place rents, providing stable cash flow from day one. The property also features a shared laundry room with coin-operated machines for additional income, plus (5) garages and driveway parking. Ideally located near Downtown Long Beach, 4th Street Retro Row, Belmont Shore, and just 8 blocks from the beach, this property offers strong appeal for owner-occupants, long-term investors, ADU developers, or buyers looking to maximize income through a rent-by-the-room strategy in the front unit.
Listing Agent
Sage Real Estate Group, Inc. Brokerage Phone: 562-896-3851 License #01950585 Listed on: 05/15/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 6,065 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 5 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,993 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Additional Features
- Suburban Location
- Heating Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 5764
- Assessor Parcel Number 7267018017
- $1,027 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $927
- Insurance Expense $4,000
- Maintenance Expense $4,816
- Pest Control $720
- Professional Management Expense $6,621
- Trash Expense $2,516
- Water Sewer Expense $1,330
- New Taxes Expense $18,113
- Operating Expense $39,868
- Gross Income $3,000
- Net Operating Income $80,520
Map
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 | $19,927 | $1,489,200 | $969,000 | $520,200 |
| 2024 | $17,741 | $1,352,520 | $879,138 | $473,382 |
| 2023 | $17,445 | $1,326,000 | $861,900 | $464,100 |
| 2022 | $16,378 | $1,300,000 | $845,000 | $455,000 |
| 2021 | $7,609 | $565,976 | $214,077 | $351,899 |
| 2019 | $7,501 | $549,190 | $207,728 | $341,462 |
| 2018 | $7,216 | $538,422 | $203,655 | $334,767 |
| 2016 | $6,625 | $517,516 | $195,748 | $321,768 |
| 2015 | $6,369 | $509,743 | $192,808 | $316,935 |
| 2014 | $6,341 | $499,759 | $189,032 | $310,727 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $1,449,000 | -- | $363 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,286,000 | Fidelity National Title | |
| Grant Deed | $1,286,000 | Fidelity National Title | |
| Grant Deed | $1,300,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $423,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Grant Deed | -- | Provident Title | |
| Quit Claim Deed | -- | Provident Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,221,700 | New Conventional | |
| Closed | $1,221,700 | New Conventional | |
| Previous Owner | $75,000 | No Value Available | |
| Previous Owner | $240,000 | No Value Available | |
| Previous Owner | $222,000 | No Value Available | |
| Previous Owner | $39,359 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26106205
APN: 7267-018-017
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