Substantially 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.
MLS #
CROC25243436
MLS Source
California Regional MLS
Appliances
Other, Oven Range - Gas
Cooling
None
Heating
Wall Furnace
Pool
None
Garage/Parking
Garage, Garage: 4 Car(s)
HOA Fee
$0
Listing Agent
Christine Morgan
Marterra Real Estate
License #: 01839037
Phone: (949) 910-1042
Co-Listing Agent
Daniel Morgan
Marterra Real Estate
License #: 01901285
Phone: –
| # Buildings | # Leased Units | # Total Units | 
|---|---|---|
| 1 | 4 | 4 | 
1408 Walnut is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 4,904 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1929. This address can also be written as 1408 Walnut, Long Beach, CA 90813.
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This listing information is up-to-date as of November 03, 2025. For the most current information, please contact Christine Morgan, (949) 910-1042