RealKey
‪(213) 433-7766‬

5916 Walnut Avenue, Long Beach, California 90805, Long Beach, 90805 - bed, bath

5916 Walnut Avenue, Long Beach, California 90805 home-pic-0
ACTIVE$950,000
5916 Walnut Avenue, Long Beach, California 90805
0Bed
0Bath
2,065Sqft
5,115Lot
Year Built
1940
Close
-
List price
$950K
Original List price
$1.05M
Price/Sqft
$460
HOA
-
Days on market
-
Sold On
-
MLS number
IV25156353
Home ConditionExcellent
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $950.0K(95th), sqft - 2065(94th), beds - undefined(2th), baths - undefined(2th).

2 Vacant Houses with permits on One Lot Professionally Designed! ADU Property Opportunity in the city of Long Beach, Main House is a 3 Bedroom 2 Bathroom house that has been FULLY RENOVATED from Top to Bottom New Interior and much more! Starting off with its massive kitchen with island all new cabinets, countertops, light and plumbing fixtures to accommodate all your families needs. Open Floor plan which includes living and dining area with all new laminate flooring throughout entire house, Laundry room has been added along with Master bath and walk-in closet everything with permits. ADU is a complete New Build from ground up, which also features an open floor plan with its own kitchen and laundry room. As you walk to the backyard you will find a beautiful New Build ADU that is perfect for any growing families wanting to live nearby or utilize this opportunity to rent out for additional income approx $3,000. ADU has all New laminate flooring throughout the home with high 9 foot tall ceilings. Enjoy your own private kitchen and laundry room along with custom bathroom cabinets and custom tile flooring design. Both the Front and Back yard have been landscaped professionally with new sprinkler system, no need to worry about parking with houses Long driveway and detached 2 car garage to accommodate more parking space. ADU has separate Electric and Gas meters but share a Water Meter with front unit. This house is ready to find a family to call it Home!

Price History

Date
Event
Price
10/08/25
Price Change
$950,000-7.3%
09/06/25
Price Change
$1,025,000-2.4%
07/11/25
$1,049,777
06/28/23
Sold
$1,200,000
05/19/21
Sold
$530,000
Condition Rating
Excellent
The property, despite the main house's 1940 build year, has undergone a complete, top-to-bottom renovation, and the ADU is a brand new build. Both units feature new, modern kitchens with white shaker cabinets, quartz countertops, stylish backsplashes, and contemporary black fixtures. Bathrooms are also fully updated with new vanities, modern tile work (hexagonal and geometric patterns), and black-framed shower enclosures. New laminate flooring in a herringbone pattern is installed throughout, along with modern light fixtures and ceiling fans. A new AC unit is visible, and the landscaping is professionally done. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'Excellent' condition rating.
Pros & Cons

Pros

Dual-Unit Income Potential: Features two vacant houses on one lot, including a newly built ADU, offering significant rental income potential (approx. $3,000/month) or multi-generational living.
Extensively Renovated Main House: The main 3-bedroom, 2-bathroom house has been fully renovated from top to bottom with permits, including a massive new kitchen, open floor plan, and modern finishes.
Brand New ADU Construction: The Accessory Dwelling Unit is a complete new build from the ground up, featuring modern amenities, high ceilings, and its own kitchen and laundry.
Modern Interior Finishes: Both units boast new laminate flooring, updated kitchens with islands, custom bathroom designs, and open floor plans, providing a contemporary living experience.
Ample Parking & Landscaping: The property includes a long driveway and a detached 2-car garage for extensive parking, complemented by professionally landscaped front and back yards with a new sprinkler system.

Cons

Shared Water Meter: The ADU shares a water meter with the front unit, which could lead to potential billing complexities or disputes between occupants.
Age of Main Structure: Despite extensive renovations, the main house was originally built in 1940, which may raise concerns about underlying older infrastructure not explicitly mentioned as updated.
Recent Price Reductions: The property has undergone multiple price reductions from its original listing, potentially indicating an overestimation of initial market value or extended market time.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state