Listed by Tyler Leeson, Marcus & Millichap RE Invest, (949) 419-3200 . Bought with Buckingham Investments, Inc
761 Walnut Ave
Long Beach, CA 90813
Hellman
5 Beds
6 Baths
3,396 sqft
5 Beds
6 Baths
3,396 sqft
Local Information
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Description
761 Walnut Avenue is a 4-unit multifamily investment property located in Long Beach, CA. 761 Walnut Avenue features a highly desirable mix of studio, one, and two-bedroom units with a spacious common area backyard and an on-site laundry facility. Each unit features an individual water heater with 50% of them being brand new. Current ownership has invested significant capital into improvements with select units featuring modern finishes and high-quality upgrades. Additionally, the property features new plumbing and drain lines in 50% of the units, new roofing on the rear building, and brand new subpanels on 75% of the units. Residents of 761 Walnut Avenue enjoy the property’s prime Long Beach location, with an abundance of Long Beach hot spots within a 1-mile radius of the property. The property is situated less than 1 mile to the North of Alamitos Beach, Junipero Beach, and the Shoreline Pedestrian Bike Path, providing residents with easy access to recreational activities. Additionally, the property is situated in close proximity of both Retro Row and the East Village Arts District, two popular Long Beach hubs for boutique retailers as well as unique cafes and restaurants. Furthermore, the property’s close proximity to Downtown Long Beach provides residents with easy access to major local employers. The property’s ideal Long Beach location surrounded by an abundance of recreational, entertainment, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 761 Walnut Avenue.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 05, 2024
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 761 Walnut Ave
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 6 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: First level |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 72 |
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Year Built Year Built: 1924 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 7267027029 |
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Price List Price: $1,199,000 |
Status Change & Dates Off Market Date: Fri Aug 30 2024 |
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MLS Status: Closed |
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Direction & Address City: Long Beach |
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Building Area Building Area: 3396 Square Feet |
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Community Features: Curbs, Gutter(s), SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 5227.2 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, 1031 Exchange |
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No Rent Control |
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Mls Number: OC24125800Living Area Range Units: Square FeetAttribution Contact: tleeson@marcusmillichap.comCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7267027029-R-N |
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CurbsGutter(s)Sidewalks |
Last check for updates: about 15 hours ago
Listed by Tyler Leeson DRE #01451551
Marcus & Millichap RE Invest
Bought with: Jeffrey Isenberg DRE #02059354, (310) 982-7055, Buckingham Investments, Inc
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC24125800
Price History for 761 Walnut Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 11/13/2024 | $1,175,000 | Sold | CRMLS #OC24125800 |
| 09/19/2024 | $1,199,000 | Pending | CRMLS #OC24125800 |
| 08/30/2024 | $1,199,000 | Contingent | CRMLS #OC24125800 |
| 08/13/2024 | $1,199,000 | PriceChange | CRMLS #OC24125800 |
| 07/12/2024 | $1,200,000 | PriceChange | CRMLS #OC24125800 |
| 06/19/2024 | $1,300,000 | Listed For Sale | CRMLS #OC24125800 |
| 10/20/2023 | ListingRemoved | Zillow Rentals | |
| 10/07/2023 | $1,950 | PriceChange | Zillow Rentals |
| 09/14/2023 | $2,150 | PriceChange | Zillow Rentals |
| 09/12/2023 | $2,250 | PriceChange | Zillow Rentals |
| 08/30/2023 | $2,350 | Listed For Rent | Zillow Rentals |
| 07/18/2022 | ListingRemoved | Zillow Rental Manager | |
| 07/09/2022 | $2,250 | Listed For Rent | Zillow Rental Manager |
| 02/19/2021 | ListingRemoved | Zillow Rental Manager | |
| 02/11/2021 | $1,950 | Listed For Rent | Zillow Rental Manager |
| 10/07/2020 | $1,800 | ListingRemoved | N/A |
| 10/04/2020 | $1,800 | Listed For Rent | N/A |
| 07/30/2018 | $760,000 | Sold | N/A |
| 07/07/2018 | $749,000 | Pending | Agent Provided |
| 06/09/2018 | $749,000 | PendingToActive | Agent Provided |
| 05/29/2018 | $749,000 | Pending | Agent Provided |
| 05/11/2018 | $749,000 | PriceChange | Agent Provided |
| 04/09/2018 | $790,000 | PendingToActive | Agent Provided |
| 03/26/2018 | $790,000 | Pending | Agent Provided |
| 02/12/2018 | $790,000 | Listed For Sale | Agent Provided |
| 04/04/2011 | $314,000 | Sold | N/A |
| 10/19/2004 | $549,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $15,816 |
| Assessment | $1,175,000 |
Home facts updated by county records
Comparable Sales for 761 Walnut Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | $1,250,000 | 10/15/25 | 5 | 6 | 3,311 | |
0.12 | Multi-Family Home | $1,190,000 | 05/22/26 | 8 | 5 | 3,119 | |
0.04 | Multi-Family Home | $1,099,000 | 12/26/25 | 6 | 4 | 2,366 | |
0.26 | Multi-Family Home | $1,050,000 | 10/15/25 | 5 | 4 | 3,028 | |
0.29 | Multi-Family Home | $1,175,000 | 01/07/26 | 6 | 4 | 2,600 | |
0.20 | Multi-Family Home | $1,392,000 | 11/07/25 | 8 | 7 | 4,800 | |
0.37 | Multi-Family Home | $1,300,000 | 03/31/26 | 5 | 3 | 3,642 | |
0.24 | Multi-Family Home | $1,630,000 | 12/04/25 | 4 | 10 | 4,522 | |
0.34 | Multi-Family Home | $985,000 | 12/31/25 | 7 | 6 | 2,315 | |
0.22 | Multi-Family Home | $915,000 | 04/02/26 | 4 | 3 | 2,100 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
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Assigned Schools
These are the assigned schools for 761 Walnut Ave.
- Franklin Classical Middle School
- 6-8
- Public
- 991 Students
4/10GreatSchools RatingParent Rating AverageThis school is wild, but at least it's true. This school is a mix of backgrounds and personalities, which is both good, okay, and bad. Yes, this school has "dangers," but if you do something before it does, it would be so much safer. I say this because most students here want to deal with their issues themselves, but it ends up being a mess. This school is good if you make an effort to report things you see that may endanger someone else. This school does NOT mess around when they hear a student is struggling with something, or has an issue with someone (family, friends, peers), the school will help you. This school makes an effort to help students be safe and happy, but they can only do that IF you make an effort to tell a staff member that something is going on. This school makes an effort to make sure it's safe, friendly, non-toxic, and so much more, but they need students' help with reporting something before the issue gets worse. OH, and this school has a great education system, but you do have to remind ur student if they're struggling to ask for help! The teachers here will help you (yes, even the strict ones!).Student Review6mo ago - Lincoln Elementary School
- K-5
- Public
- 742 Students
7/10GreatSchools RatingParent Rating AverageI've been a substitute at this school for at least four years. I live in the neighborhood. The teachers are amazing and collaborative. The office staff is great. This school really is a family and they truly care about their students. I am currently working as a long term substitute between this school and another school and despite not having technology integrated into the buildings (they have Chromebooks and have been teaching the students with Google Classroom but the buildings themselves have yet to be updated), Lincoln approached distance learning effectively. This is a school where teachers are encouraged to be learners and to collaborate and build each others' strengths.Other Review6y ago - Polytechnic High School
- 9-12
- Public
- 3890 Students
7/10GreatSchools RatingParent Rating AverageLong Beach Poly is the pride and joy of Long Beach. It is a school that encourages the creativity and growth of its diverse student body from many different backgrounds. All teachers in every pathway are among the best you will ever find. From supporting nearly 4,100 students, all teachers are incredibly helpful and truly want their students to grow not just academically; but provide guidance for building character. All faculty and staff are kind, warm, and truly show what being a Jackrabbit is. Right when you walk into this school, you can tell how the student body and all staff are truly proud to be at Poly and be a Jackrabbit.Student Review5mo ago 
Check out schools near 761 Walnut Ave.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Hellman
At least 103 Trulia users voted on each feature.
88 % Say there are sidewalks
77 % Say it's dog friendly
73 % Say it's walkable to restaurants
73 % Say car is needed
66 % Say it's walkable to grocery stores
61 % Say there's holiday spirit
51 % Say yards are well-kept
50 % Say kids play outside
50 % Say streets are well-lit
44 % Say they plan to stay for at least 5 years
40 % Say neighbors are friendly
40 % Say there's wildlife
36 % Say it's quiet
28 % Say people would walk alone at night
23 % Say there are community events
12 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 761 Walnut Ave
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761 Walnut Ave, Long Beach, CA 90813 is a 5 bedroom, 6 bathroom, 3,396 sqft multi-family built in 1924. 761 Walnut Ave is located in Hellman, Long Beach. This property is not currently available for sale. 761 Walnut Ave was last sold on Nov 13, 2024 for $1,175,000 (2% lower than the asking price of $1,199,000). The current Trulia Estimate for 761 Walnut Ave is $1,161,300.