733 Walnut
Long Beach, CA, 90813
$699,980
MLS: PW26085464
Beds
2
Baths
1
Sq Ft
1,082
Lot
0.12 ac
Year Built
1920
MLS #
PW26085464
Days on Market
11
Listed
Apr 30, 2026
Description
Historic Elegance Meets Modern Resilience: A Mills Act Masterpiece. Rare opportunity to own a beautiful 1920s bungalow in the heart of the Craftsman Village Historic District. This property features a coveted Mills Act Contract, offering the new owner substantial annual property tax savings. From the classic front porch and yard shaded by mature trees to the freshly painted exterior (Jan 2026), this home exudes curb appeal on its spacious corner lot. The interior honors its heritage with original hardwood floors, vintage built-in cabinetry, and fully restored, functional double-hung windows. Culinary enthusiasts will fall in love with the kitchen’s centerpiece: a fully refurbished 1954 Wedgewood stove with new enamel, insulation, and an adjustable height infrared broiler. While the aesthetic is timeless, the infrastructure is cutting-edge. The property has been fully optimized for safety and efficiency with a comprehensive foundation earthquake retrofit (2022), a new 200-amp main electric panel, and a brand-new water heater (Jan 2026). The outdoor space is a private oasis, featuring a large enclosed side yard, a pergola, and a detached garage. Modern tech is already in place with an electrical sub-panel in the garage and a Level 2 ChargePoint EV charger. Secure, gated parking for two additional vehicles is provided behind an electrically gated fence. Located less than a mile from the beach and within easy walking distance to the vibrant shops and dining of 4th Street Retro Row and the 7th Street corridor. This isn't just a home; it’s a preserved piece of history reinforced for the future.
Location
Long Beach, Los Angeles County, CA 90813
Open on Google Maps ↗Listed by: Costanza Genoese Zerbi · eXp Realty of Greater Los Angeles
Payment estimate
$5,278
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,998 · Loan: $629,982
- Principal & Interest
- $3,986
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $262
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $24,499 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.
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Local Market Stats
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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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