$4,000,000

2341 Walnut Ave Signal Hill, CA 90755

Estimated payment $24,586/month

Total Views 3,906
4 Beds
3 Baths
10,488 Sq Ft
$381 Price per Sq Ft

Highlights

  • 0.28 Acre Lot
  • Laundry Room
  • Front Yard
  • Long Beach Polytechnic High School Rated A
  • Bike Trail

About This Home

Walnut Apartments were constructed in 1963 with wood frame and stucco construction. The property offers a majority of larger floorplans with (2) one-bedrooms and (8) three-bedrooms. Total net rentable square footage is 10,488 and the average units size is 1,049 square feet. Living in Signal Hill offers the charm of a small city with the convenience of being in the heart of Los Angeles County. Residents enjoy access to Long Beach and the coastline, hiking trails and parks, and a quieter suburban feel while still being close to major freeways, employment hubs, shopping, and entertainment. The
community is safe, centrally located, and provides a unique blend of urban convenience and natural beauty.

Listing Agent

Peter Hauser

NorthMarq Realty Services, Inc Brokerage Phone: 949-302-1400 License #00856966 Listed on: 01/20/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Front Yard
  • 7211-030-50

Parking

  • 8 Open Parking Spaces
  • 8 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 10,488 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 573402
  • Assessor Parcel Number 7211030049
  • $2,145 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 10 Units
  • Signal Hill Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $11,425
  • Gardener Expense $7,142
  • Insurance Expense $9,025
  • Operating Expense $101,177
  • Gross Income $273,768
  • Net Operating Income $170,196

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.28 Acres

Parking

8

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Signal Hill (SH)
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 7142.00
  • Parcel Number: 7211030049
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 381.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 7211-030-50
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 12196.80
  • Lot Size Acres: 0.2800

Multi Family

  • Electric Expense: 11425.00
  • Gross Income: 273768.00
  • Gross Operating Income: 271373.00
  • Gross Scheduled Income: 273768.00
  • Insurance Expense: 9025.00
  • Lot Size Area: 0.2800 Acres
  • Net Operating Income: 170196.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 10
  • Operating Expense: 101177.00
  • Rent Control: No
  • Total Expenses: 101177.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 573402
  • TaxOtherAnnualAssessmentAmount: 2145.00

Map

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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
01/20/2026 01/20/26 For Sale $4,000,000 -- $381 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26013823

California Regional Multiple Listing Service (CRMLS)
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