This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$890,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property 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.
Full Property Details
Full Property Details for 1111 Walnut
General
- Price: $890,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26123123
- Updated: 8/31/2026
- Days on Market: 105 days
- Added to Site: 105 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Uncovered
- Parking: Uncovered
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: will be on left hand side
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Square Feet: 2,064
- Year Built: 1948
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Neighborhood, See Remarks
- Lot Size (Acres): 0.1172
- Lot Size (Sq. Ft.): 5,107
- Lot Size Source: Assessor
- Lot Description: Yard
Financial Considerations
- Price Per Sq. Ft.: $431.2
- Price Per Unit: 296667
Listed by Pabst, Kinney & Associates, Kristie Pabst
Get Pre-Approved Today
Schools
Schools serving 1111 Walnut
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Long Beach, CA 1175 East 11th Street, Long Beach, CA 90813 | K-5 | 0.3 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.6 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1111 Walnut
Date
Details
Price
Change
Source
8/03/2026
Price Reduced
$890,000
-3.68%
MLS
6/09/2026
Listed
$924,000
171.76%
MLS
7/19/2011
Sold
$340,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1111 Walnut
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,122
—
$435,584
2%
2025
$6,122
6%
$427,045
4%
2023
$5,756
6%
$410,465
2%
2022
$5,415
2%
$402,417
2%
2021
$5,297
—
$394,528
1%
2020
$5,283
1%
$390,484
2%
2019
$5,223
4%
$382,829
2%
2018
$5,015
1%
$375,324
2%
2017
$4,962
8%
$367,966
2%
2016
$4,613
4%
$360,752
2%
2015
$4,434
—
$355,334
2%
2014
$4,416
3%
$348,374
—
2013
$4,284
—
$346,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1111 Walnut
1111 Walnut, Long Beach, CA 90813 (MLS# PW26123123) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1111 Walnut is currently listed for $890,000 and was received on June 09, 2026. Want to learn more about 1111 Walnut? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

