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Closed
- Listed price
- $1,250,000
- Listed Oct 20, 2025
- Sold price
- $1,250,000
- Sold Dec 23, 2025
4,904 sqft lot|1929 Built|30 days listed
1408 Walnut, Long Beach, CA 90813
Property Description
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.
Listing agent: Christine MorganDRE #01839037christine@marterra.com, Listing office: Marterra Real Estate
MLS data updated 10/20/2026, 3:06:51 AM PT
Source: CRMLSMLS #: OC25243436
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,250,000
Dec 23, 2025
Available records22025
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,250,000Closed sale · Dec 23, 2025ZIP 90813 · Dec 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsOct 20, 2025 – Dec 23, 2025
ZIP 90813 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.