$879,000
Sold Price901 Walnut Avenue, Long Beach, CA 90813
About this home
Rare Owner/User plus Investment opportunity located in Historic Craftsman Village! Fantastic corner lot location consisting of a traditional Craftsman 2 Bed 1 bath home with beautiful architectural lines & a gracious front porch on Walnut Ave., along with a recently remodeled Duplex consisting of 2 (1x1) Units plus a separate studio located on the 9th st side of the lot. So many possibilities, along with a huge upside potential on the rents! All of these have long term tenants of 3 plus years or more. This would make a great Owner/User investment if you remodeled the front house to live in and then sat back and let the other 3 units cash flow with passive rental income. This really is a must see as these do not hit the market very often. The Duplex was fully remodeled in 2015 with permits. There is also a fully transferable Oil & Gas lease that will provide approx $2000 annually of additional passive income. Please note that interior photos are of the 1x1's in the Duplex after being remodeled and prior to them being rented. Showings will be conducted on weekends only, so call listing agent to schedule your showing today.
infoProperty Facts
Bedrooms
5
Bathrooms
4
Square Feet
2,302
Property Type
Quadruplex
Days on Market
5
HOA Fee
N/A
Garage Total
2
MLS #
SB21038523
chairInterior Details
General Interior
Interior Features
Coffered Ceilings, Granite Counters, Laminate Counters, All Bedrooms Down
Flooring
Tile, Wood
Kitchen & Appliances
Appliances
Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Dryer, Washer
Laundry
In Kitchen
Bed & Bath
Main Level Master
Yes
deckExterior & Lot
Building & Construction
Fencing
Chain Link
Roof
Composition, Flat, Shingle
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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