611 Walnut Avenue
Long Beach, CA 90802
Built in 1956, the property has a total of 10 One Bed + One Bath, and 4 Two Bed + One Bath units averaging 742 square feet, with amenities such as garage parking, and on-site laundry. With a high walk score of 87, it’s located near the famous “Retro Row,” which features vintage & contemporary clothing, furniture & accessories, art, antiques & collectibles, books, roller skates & skateboards as well as a locally owned restaurants, coffee shops and wine bars.
Purchased as a value-add opportunity, Cochise Capital repositioned the property and increased the rents by greater than 56%.