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10622-10628 Walnut St
Los Alamitos, CA 90720
Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • Outstanding Value-Add Opportunity With 59 Percent Rental Upside and Potential to Develop Two ADU's (Buyer to Verify)
  • Amenities Include Fireplaces, Spacious Floor Plans, Private Patios, On-Site Laundry, Washer/Dryer Hookups in the Three-Bed Unit, and Parking
  • Located on the Edge of Orange County Proximate to Beach Cities, Major Freeways, Schools, and Outdoor Recreation Available Nearby at El Dorado Park
  • Well-Maintained 1988 Construction Fourplex With All Two- and Three-Bedroom Units, Three of Which are Townhomes
  • Excellent Rental Location in an Affluent Neighborhood: Average Household Income Within One Mile is Over $159,000

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 4,350 SF
No. Stories 2
Year Built 1988
Parking Ratio 2.76/1,000 SF
Zoning R3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 - -
2+1.5 2 - -
2+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
242-232-29
Land Assessment
$1,672,056
Improvements Assessment
$406,526
Total Assessment
$2,078,582
  • Listing ID: 32084016

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 10622-10628 Walnut St, Los Alamitos, CA 90720

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