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$1,900,000
6 Days Online

10622 Walnut Street
Los Alamitos, CA90720

For Sale|Multi-Family|Active
Subdivision:
,N/A
County:
Orange
Listed by Steven Bogoyevac of Steven M. Bogoyevac, Broker [email protected]

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10622 Walnut Street10622 Walnut Street10622 Walnut Street10622 Walnut Street
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This exclusive offering is a very rare opportunity to acquire an 80’s construction multifamily investment property in Los Alamitos. Located on the edge of Orange County, the small city boasts convenient proximity to beach cities, major freeways, schools, and outdoor recreation available nearby at the 642-acre El Dorado Park; furthermore, this affluent area has an average household income of over $159,000. 10622 Walnut Street is 4,350-square foot, two-story 1988 construction with a desirable mix of one two-bed/one-bath unit, two two-bed/one-and-one-half-bath townhomes, and one three-bed/two-bath townhome. The units feature spacious floor plans, fireplaces, private patios, and separate gas and electric meters. The three-bedroom townhome has in-unit washer/dryer hookups, the remaining units share on-site laundry, and the property also offers garage and surface parking. The building has been well-maintained and offers a new investor a substantial 59 percent rental upside and the potential to develop two ADU’s (buyer to verify). As of writing, 10622 Walnut Street is the only multifamily investment property on market in Los Alamitos, making this a truly outstanding value-add acquisition opportunity.

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Listing Snapshot
Price 
$1,900,000
Days Online 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,350 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1767 Acres
Year Built 
1988
MLS® Number 
PW24118105
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
7 days agoListing first seen online
General Features
Parking Spaces 
8
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.1767
Water 
Public
Property Sub Type 
Quadruplex
Garage Spaces 
4
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common AreaSee Remarks
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Exterior Features
Pool Features 
None
Lot 
Corner Lot
Community Features
Community Features 
Suburban
Senior Community 
No
MLS Area 
52 - Los Alamitos


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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