1111 Walnut Ave, Long Beach, CA, 90813
About This Home
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. 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.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 2,064
- Total interior livable area: 2,064 sqft
Property
Details
- Parcel number: 7267001001
- Attached to another structure: Yes
- Special condition: Standard
Features
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 5,107 sqft
- Features: Yard
Parking
- Total spaces: 3
- Parking features: Uncovered
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,500 | $54,000 |
| Home Insurance * | $172 | $2,064 |
| Property Taxes | $1,075 | $12,900 |
| Electricity | $442 | $5,311 |
| Total | $6,189 | $74,268 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $890,000 |
| 2026-06-09 | Listed for sale | $924,000 |
| 2014-08-05 | Listing removed | $1,050 |
| 2014-07-30 | Price change | $1,050 |
| 2014-07-24 | Listed for rent | $1,100 |
| 2013-02-26 | Listing removed | $1,050 |
| 2013-01-30 | Price change | $1,050 |
| 2012-12-17 | Listed for rent | $1,100 |
| 2011-10-04 | Sold | $340,000 |
| 2010-07-08 | Sold | $275,000 |
| 2010-07-01 | Listed for sale | $275,000 |
| 2004-12-28 | Sold | $505,000 |
| 2004-05-28 | Sold | $350,000 |
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