611 Walnut Avenue

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Property Snapshot

611 Walnut Ave
Long Beach, CA 90802
Purchase Price
Number of Units
% Increase in Rents
Since Closing
Projected IRR

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%.