11
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$1,700,000
Est. payment /mo
4 Beds
3 Baths
6,534 Sqft Lot
Active
10861 Walnut Street Los Alamitos, CA 90720
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26079021
Bedrooms 4
Lot Size 6,534 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
10861 Walnut Street is a 3-unit multifamily property located in Los Alamitos, California. Built in 1960 and 1985 on a 0.15-acre parcel, the property consists of two separate buildings totaling 2,734 rentable square feet. The property features a desirable unit mix of 1 two-bed/one-bath single-story house and 2 two-bed/ two-bath units configured as an up/down duplex. The house includes an attached garage and a spacious private yard, appealing to tenants seeking additional privacy and usable outdoor space, while the duplex units offer efficient layouts with broad rental appeal. The property benefits from ample on-site parking, including four carport spaces and one single-car garage, supporting tenant convenience in a supply-constrained parking market. Current rents are below market, presenting a clear opportunity for a new owner to capture rental upside through a comprehensive renovation program. Overall, the asset offers a low-density residential setting with a functional unit mix, providing both immediate leasing potential and the ability to enhance income in the desirable Los Alamitos market.
Location
State CA
County Orange
Zoning Other
Direction Cross Streets of Walnut Street & Florista Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 24220114
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest
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