$2,200,000
SOLD JAN 14, 2025

10652 Walnut St Los Alamitos, CA 90720

10 Beds
7.5 Baths
5,351 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$411 Per Sq Ft

5% Above List Price

26 Days on Market

Highlights

  • Tankless Water Heater
  • Richard Henry Lee Elementary School Rated A+
  • Central Heating and Cooling System

About This Home

As of January 2025

Excellent pride of ownership 3 unit multifamily investment property located in Los Alamitos on Walnut Street built in 2011. Los Alamitos is a very strong rental market with award winning schools as well as many shops, restaurants, and within close proximity to Orange and LA County beaches. The front apartment unit is a 4 bedroom/ 2.5 bathroom standalone house and the rear three story building has (2) 3 bedroom/2.5 bathroom units. All three units have tankless water heaters, washer and dryer hookups, custom cabinets, granite countertops, crown molding, and central air/heating. Each tenant has direct access to a private 2 car garage and the property has an additional 2 car garage that can be leased for additional income.

Last Agent to Sell the Property

Sean Riley

CB Richard Ellis, Inc. License #01920511 Listed on: 10/14/2024

Last Buyer's Agent

Chris Walker

Triqor Group License #01905338

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2011

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55x150

Parking

  • 8 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 5,351 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7.5 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 242-232-04

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 2011

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 5351
  • Lot Acreage: 0.1900
  • Lot Dimensions: 55x150
  • Probate: No
  • Stories: 3
  • Year Built: 2011
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 7.50
  • Price Per S Q F T: 392.45

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 8
  • Parking Garage: Garage - 2 Car
  • Total Parking: 8

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 60.62
  • Assessed Improvement Value: 772567
  • Assessed Land Percent: 39.38
  • Assessed Land Value: 501790
  • Total Assessed Value: 1274357
  • Assessor Parcel Number: 242-232-04
  • Lot Size Area: 8276

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.47
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 35375
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2025 01/14/25 Sold $2,200,000 +4.8% $411 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $2,100,000 -- $392 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-452651

The MLS

APN: 242-232-04