913 Walnut Avenue, Long Beach, California 90813, Long Beach, 90813 - 0 bed, 0 bath
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Long Beach, California 90813
This Turnkey Dual-Income Property is a Strong Value Opportunity, listed at $869,000—positioned well below the $960,851 Fair Market Value by 9%. This valuation gap provides $91,851 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the property features two renovated houses with quartz countertops, shaker cabinetry, and new laminate flooring. Located walking distance to Alamitos Beach with rare garage parking and private yards, it offers significant lifestyle and rental appeal. This is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a stabilized asset in a high-demand coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 913 Walnut Avenue Subject | $869,000* List Price | 0 | 0 | 1,650 | $582 | - |
A 852 Orange Avenue Sold | $775,000 | 0 | 0 | 1,296 | $598 | 0.2 mi |
B 926 E 11th Active | $890,000 List Price | 0 | 0 | 1,358 | $655 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1920, the property has undergone extensive recent renovations that bring it up to modern standards. Both units feature updated kitchens with white shaker cabinetry, quartz countertops, and stainless steel appliances. The interiors boast new laminate flooring, recessed lighting, modern bathroom vanities with updated tile work, and fresh paint throughout. The property is in move-in ready condition with no visible deferred maintenance.
The property features two separate houses on a single lot (3BR/1BA and 1BR/1BA), providing excellent flexibility for owner-occupants to offset their mortgage or for investors to generate multiple revenue streams.
Situated within walking distance of Alamitos Beach and the heart of Downtown Long Beach, the property is ideally located in a high-demand rental market near shopping, dining, and public transportation.
Unlike many properties in the area, this duplex offers a garage, a private driveway, and additional alley-access parking, along with the convenience of indoor laundry hookups in both units.
Built in 1920, the property may have underlying maintenance requirements or aging systems typical of a 100-year-old structure that could necessitate future capital expenditures.
With only one bathroom in each unit, the three-bedroom front house may face challenges in attracting larger families or achieving premium market rents compared to modern layouts with multiple bathrooms.
Exceptional duplex/ 2 Houses on a Lot, opportunity walking distance to Alamitos Beach in the heart of Long Beach! Front House 3 bed/ 1ba. Rear House 1 bed/1 ba. This well-located income property features two separate units on a generous lot, offering strong rental potential and long-term upside. Both Units are in Great upgraded Condition. Both units each have Indoor Laundry hook ups. Ideal for owner-occupants looking to offset their mortgage or investors seeking steady cash flow in a high-demand rental area. Conveniently situated near Downtown Long Beach, beaches, shopping, dining, schools, and major freeways. Each unit offers private living space, private yards. Front house has driveway with garage. Back house has plenty of parking with alley access sliding door. Functional layouts, and excellent access to public transportation. Whether you’re expanding your portfolio or entering the investment market, this duplex presents a rare opportunity to own in a growing coastal community with strong rental demand. Don’t miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,650 | 2,366 | 33% |
| Lot Size | 5,866 | 5,866 | 50% |
| Price | $869.0K | $985.0K | 33% |
| Price per sq ft | $527 | $425 | 80% |
| Built year | 1920 | 1922 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 164 | 7% |
Mar 5, 2026
$869,000
Initial Listing
Mar 16, 2009
$289,000
Public Record
Apr 3, 2002
$182,000
Public Record