NOT LISTED FOR SALE

10751 Walnut St Los Alamitos, CA 90720

6 Beds
5 Baths
3,000 Sq Ft
6,534 Sq Ft Lot

Last Sold July 08, 2019

Last sale price $1,125,000 $375 Per Sq Ft

30 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Richard Henry Lee Elementary School Rated A+
  • Tile Flooring
  • 3 Car Garage

About This Home

As of July 2019

Location, Location, Location. Lovely Old Town West lined with charming old-fashioned street lamps is located off Katella is a quiet neighborhood, walking distance to Oak Middle School and Los Alamitos High School. Great long term tenants. Well maintained triplex. Back 2 townhouse style apartments built in 1978 are 2 bedroom 1 1/2 baths. All have private INDOOR LAUNDRY rooms, and a private single GARAGE plus an additional parking space. Back units have 2 large bedrooms upstairs, stained wood kitchen cabinets, built-in appliances, dining areas, newer wood laminate floors (no carpet), newer ovens, central heating, low flow toilet, and fenced back yards. The detached 2 bedroom, 1 bath front house is older with a big open front yard to run and play and enjoy summer BBQ's, long driveway, single garage, laundry room, nicely landscaped, 2 dual pane windows in bedrooms, bath exhaust fan.
All units have separate electric and gas meters. Very little expenses as the units are in great shape. Pictures of back unit are when it was empty. Both back units have been upgraded the same. Front house has not been upgraded. Tenants keep it very clean.
Freshly painted exterior in 2017! New cedar plank wood side fence 2018! 30-year roof installed approx. 2014 on all 3 buildings! Pride of ownership.
Drive by only. Do not disturb tenants or walk property. They do not know it is for sale. Addresses: 10751, 10753, 10755 Walnut St.
Submit offer subject to inspection. Listing agent is co-owner.

Last Agent to Sell the Property

LaureLee Barnes

RE/MAX College Park Realty License #00614365 Listed on: 05/08/2019

RE/MAX College Park Realty

Last Buyer's Agent

LaureLee Barnes

RE/MAX College Park Realty License #00614365 Listed on: 05/08/2019

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Parking Available

Home Design

  • Triplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 23
  • Tax Tract Number 22006
  • Assessor Parcel Number 24219125

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,599
  • Maintenance Expense $802
  • Water Sewer Expense $1,788
  • New Taxes Expense $15,625
  • Operating Expense $21,326
  • Gross Income $66,060
  • Net Operating Income $60,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Old Town West
  • Water Sewer Expenses: 1788.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 24219125
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Price Per Square Foot: 375.00
  • Room Type: Laundry

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1100 Square Feet
  • Gross Multiplier: 18.92
  • Gross Operating Income: 66060.00
  • Gross Scheduled Income: 66060.00
  • Insurance Expense: 1599.00
  • Lot Size Area: 6534.0000 Square Feet
  • Maintenance Expense: 802.00
  • Net Operating Income: 60060.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Actual Rent: 5505.00
  • Total Expenses: 21326.00

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Census Tract: 1101.08
  • Tax Lot: 23
  • Tax Tract Number: 22006

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
07/08/2019 07/08/19 Sold $1,125,000 -10.0% $375 / Sq Ft
05/29/2019 05/29/19 Price Changed $1,250,000 -1.6% $417 / Sq Ft
05/23/2019 05/23/19 Price Changed $1,270,000 -1.2% $423 / Sq Ft
05/17/2019 05/17/19 Price Changed $1,285,000 -1.1% $428 / Sq Ft
05/08/2019 05/08/19 For Sale $1,299,000 +59.7% $433 / Sq Ft
03/19/2014 03/19/14 Sold $813,500 -4.3% $271 / Sq Ft View Prior Sale
02/08/2014 02/08/14 Pending -- -- --
08/23/2013 08/23/13 For Sale $850,000 -- $283 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,849 $1,230,350 $1,074,586 $155,764
2024 $14,849 $1,206,226 $1,053,516 $152,710
2023 $14,500 $1,182,575 $1,032,859 $149,716
2022 $14,425 $1,159,388 $1,012,607 $146,781
2021 $14,108 $1,136,655 $992,752 $143,903
2020 $14,136 $1,125,000 $982,572 $142,428
2019 $11,314 $893,967 $727,356 $166,611
2018 $10,800 $876,439 $713,094 $163,345
2017 $10,567 $859,254 $699,111 $160,143
2016 $10,358 $842,406 $685,403 $157,003
2015 $10,231 $829,753 $675,108 $154,645
2014 $2,609 $133,524 $16,917 $116,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19106895

California Regional Multiple Listing Service (CRMLS)

APN: 242-191-25