$4,000,000

2341 Walnut Ave Signal Hill, CA 90755

Estimated payment $24,709/month

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

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

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
01/20/2026 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)
California Los Angeles County Signal Hill 90755

2341 Walnut Ave, Signal Hill, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Peter Hauser
Listing Agent
Peter Hauser
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NorthMarq Realty Services, Inc
(562) 662-4089