Description

This attractive 3-unit income property features a desirable unit mix consisting of one spacious 2-bedroom, 1-bath unit and two well-appointed 1-bedroom, 1-bath units, offering broad appeal to a variety of tenants. Each residence provides a comfortable and functional layout designed to maximize living space and everyday convenience. The property also includes three dedicated on-site parking spaces, a valuable amenity that enhances tenant satisfaction and rental demand. The roof was replaced in in 2025, the electrical meters were upgraded, and the plumbing has been partially replaced with copper. With its efficient unit configuration, off-street parking, and strong income-producing potential, this triplex presents an excellent opportunity for investors seeking a stable multifamily asset or owner-users looking to offset occupancy costs with rental income. Its versatile layout and attractive unit mix make it a compelling addition to any real estate portfolio. Plus, a new roof was installed in 2025 which is a great enhancement to the property.

Property details

Year built

1948

Property type

Residential Income

Lot size

5,107 sqft

Location

1111 Walnut • Long Beach, CA 90813

More homes for sale and rent in Long Beach, CA →

Listed by

Kristie Pabst · Pabst, Kinney & Associates

Similar Listings

Recent sales near 1111 Walnut

1100 Walnut 4: Sold $440,000 · 2 bd · 2 ba · 850 sqft · Jun 2026 · 0.0 mi
Y Realty | DRE #01313351
Buyer's agent: Lauren Yi, Keller Williams Realty | DRE #02100328
1200 Gaviota 104: Sold $480,000 · 2 bd · 2 ba · 1,049 sqft · Aug 2026 · 0.1 mi
Think Boutiq Real Estate | DRE #01966309
Buyer's agent: Jason Xu, eXp Realty of Greater LA, Inc. | DRE #02238061
1014 Gaviota Avenue: Sold $686,000 · 2 bd · 1 ba · 914 sqft · Jul 2026 · 0.1 mi
First Team Real Estate | DRE #01407205
Buyer's agent: Rick Lee, Real Broker | DRE #02130981
1107 Mahanna: Sold $720,000 · Jul 2026 · 0.2 mi
Amberwood Real Estate | DRE #01805872
Buyer's agent: Sophala Daum, MOSO Real Estate | DRE #01818854
1735 E 10th Street: Sold $3,049,000 · 22 bd · 14 ba · 10,253 sqft · Jun 2026 · 0.2 mi
The Agency | DRE #01336277
Buyer's agent: Jonathan Swire, The Agency | DRE #01336277
1037 N Almond Court: Sold $755,000 · 3 bd · 1 ba · 1,224 sqft · Jul 2026 · 0.2 mi
Real Broker | DRE #01948851
Buyer's agent: Peter Lim, Redfin Corporation | DRE #02123642
834 Walnut: Sold $1,425,000 · Jul 2026 · 0.2 mi
Sage Real Estate Group, Inc. | DRE #01950585
Buyer's agent: Sara Chuor, Lifetime Realty Inc | DRE #02180618
826 Gaviota: Sold $1,190,000 · May 2026 · 0.3 mi
Think Boutiq Real Estate | DRE #01963000
Buyer's agent: Eliazandy Salas, Rigby & Associates R.E. Svc. | DRE #01379589

Closed sales reported in 90813, nearest first, last 12 months. All recent sales in Long Beach →

Residential Income - 1111 Walnut, Long Beach, CA