$1,449,000
834 Walnut, Long Beach CA 90813
Multi-Family (Fourplex)
Property type
21 days
On market
$363
Price per sqft
5 cars
Garage
1965
Year built
6,065 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Cody Charnell DRE #01950585 562-896-3851, Sage Real Estate Group, Inc.
Listing updated: May 16, 2026 at 01:27pm.
Last checked: Jun 5, 2026 at 11:30am
Source: CRMLS #PW26106205
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 6 | 2 | — | $0 | $0 | $3,995 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $2,095 | $2,095 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,995 | $1,995 | $2,100 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 5
Separate Gas Meters: 0
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
12.0x
List Price / Annual Gross Rent
Cap Rate
5.6%
NOI / List Price
Gross Scheduled Income: $121,020
Vacancy Allowance: $3,631
Vacancy Allowance Rate: 3%
Operating Expense: $33
Net Operating Income: $80,520
Annual Operating Expenses
Electric: $927
Gardener: $0
Fuel: $0
Insurance: $4,000
Licenses: $772
Maintenance: $4,816
New Taxes: $18,113
Pest Control: $720
Professional Management: $6,621
Trash: $2,516
Water / Sewer: $1,330
Interior
Heating: Electric
Laundry: Common Area, Inside
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 5
Uncovered Spaces: 4
Parking Total: 9
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7267018017
Additional Parcels: No
Tax Lot: 1
Subdivision: Alamitos Beach (AB)
Community
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 834 Walnut, Long Beach, CA 90813. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,159,200
Total Interest
$1,478,496
Total Payment
$2,637,696
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,986
per month
Property History for 834 Walnut
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90813.
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