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7224 Walnut ave
Paramount, CA 90723
Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • All 816 sq ft 2 bed + 1 bath units
  • Single family residential neighborhood
  • 50% upside in rental income
  • 1965 construction on a large 15,742 sq ft lot
  • Washer and dryer hookups inside each unit
  • No local rent control ordinance

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.36 AC
Building Size 6,528 SF
No. Stories 2
Year Built 1965
Zoning PARM*

AMENITIES

UNIT AMENITIES

  • Washer/Dryer Hookup

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 $1,458 816

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6236-016-011
Land Assessment
$1,122,000
Improvements Assessment
$1,071,000
Total Assessment
$2,193,000
  • Listing ID: 28606702

  • Date on Market: 5/30/2023

  • Last Updated:

  • Address: 7224 Walnut ave, Paramount, CA 90723

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