733 Walnut, Long Beach, California 90813, Long Beach, 90813 - 2 bed, 1 bath
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Long Beach, California 90813
This Historic Mills Act Masterpiece is listed at $699,980, positioned right at its $691,407 Fair Market Value. Boasting an Excellent Condition Rating, the home offers a rare Mills Act Contract for substantial tax savings alongside a 2022 foundation earthquake retrofit and Level 2 EV charger. The interior features a refurbished 1954 Wedgewood stove and restored windows, while the exterior includes a private patio and corner lot. Located near Retro Row in the Long Beach Unified district, this turnkey sanctuary is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 733 Walnut Subject | $699,980* List Price | 2 | 1 | 1,082 | $649 | - |
A 1074 Vina Avenue Sold | $710,000 | 2 | 2 | 934 | $760 | 0.4 mi |
B 1477 Lemon Avenue Active | $735,000 List Price | 3 | 2 | 1,100 | $668 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1920, the property has undergone significant high-quality renovations within the last 5 years, including a 2022 foundation earthquake retrofit, a new 200-amp electrical panel, and a 2026 water heater and exterior paint. The kitchen and bath are updated with modern fixtures and a refurbished high-end vintage stove, and the original hardwoods are in mint condition, making it fully move-in ready with modernized systems.
The property features a coveted Mills Act Contract, offering the owner substantial annual property tax savings, which is a significant financial incentive for historic home ownership.
The home has been thoughtfully updated with a 2022 earthquake retrofit, a new 200-amp electrical panel, and a Level 2 EV charger, blending 1920s charm with modern safety and efficiency.
Meticulously maintained period details, including original hardwood floors, restored double-hung windows, and a refurbished 1954 Wedgewood stove, provide authentic aesthetic appeal.
With only one bathroom serving the two-bedroom residence, the layout may pose a challenge for families or guests and could impact the property's competitive edge in the market.
Being situated in the Craftsman Village Historic District means any exterior modifications or expansions are subject to strict preservation guidelines, limiting future customization options.
Historic Elegance Meets Modern Resilience: A Mills Act Masterpiece. Rare opportunity to own a beautiful 1920s bungalow in the heart of the Craftsman Village Historic District. This property features a coveted Mills Act Contract, offering the new owner substantial annual property tax savings. From the classic front porch and yard shaded by mature trees to the freshly painted exterior (Jan 2026), this home exudes curb appeal on its spacious corner lot. The interior honors its heritage with original hardwood floors, vintage built-in cabinetry, and fully restored, functional double-hung windows. Culinary enthusiasts will fall in love with the kitchen’s centerpiece: a fully refurbished 1954 Wedgewood stove with new enamel, insulation, and an adjustable height infrared broiler. While the aesthetic is timeless, the infrastructure is cutting-edge. The property has been fully optimized for safety and efficiency with a comprehensive foundation earthquake retrofit (2022), a new 200-amp main electric panel, and a brand-new water heater (Jan 2026). The outdoor space is a private oasis, featuring a large enclosed side yard, a pergola, and a detached garage. Modern tech is already in place with an electrical sub-panel in the garage and a Level 2 ChargePoint EV charger. Secure, gated parking for two additional vehicles is provided behind an electrically gated fence. Located less than a mile from the beach and within easy walking distance to the vibrant shops and dining of 4th Street Retro Row and the 7th Street corridor. This isn't just a home; it’s a preserved piece of history reinforced for the future.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,082 | 1,082 | 50% |
| Lot Size | 5,091 | 4,358 | 68% |
| Price | $700.0K | $610.0K | 68% |
| Price per sq ft | $647 | $557 | 53% |
| Built year | 1920 | 1921 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 165 | 5% |
Apr 30, 2026
$699,980
Initial Listing
Sep 10, 2018
$500,000
Public Record