Under ContractSingleFamilyResidence

1515 E Walnut Way

Long Beach, CA, 90813

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$620,000

MLS: PF26057843

Beds

2

Baths

1

Sq Ft

946

Lot

0.06 ac

Year Built

1929

MLS #

PF26057843

Days on Market

18

Listed

Mar 17, 2026

Description

Welcome to 1515 E Walnut Way, a charming residence located in the heart of Long Beach. This property offers a fantastic opportunity for new and first time homeowners, combining classic Southern California character with convenient access to the city’s vibrant amenities. Situated on a quiet residential street, the home features a functional layout designed for comfortable living. Natural light fills the interior spaces, creating a warm and inviting atmosphere throughout the living areas. The property offers well-proportioned bedrooms, a comfortable living room ideal for relaxing or entertaining, and a kitchen with ample potential for customization and modernization. Located just minutes from downtown Long Beach, residents enjoy easy access to shopping, dining, local parks, and major transportation corridors. The home is also conveniently close to beaches, cultural attractions, and employment centers, making it an ideal location for both lifestyle and long-term investment potential. Whether you're looking for a primary residence, a rental property, or a renovation project, 1515 E Walnut Way represents a strong opportunity in one of Long Beach’s established neighborhoods.

Location

Long Beach, Los Angeles County, CA 90813

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Listed by: Kimberly Smith · Link Brokerages Inc

Payment estimate

$4,607

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $62,000 · Loan: $558,000

%
Principal & Interest
$3,428
Property tax (1.25%)
$646
Homeowners insurance
$300
Mortgage insurance
$233
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $21,700 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Long Beach, CA 90813 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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