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Sold for $2,150,000 on 08/18/23
  • Listing Provided by: 

    Justin White DRE #01267826 714-231-2537,

    Justin White

    Bought with: COMPASS
    $2,150,000

    7224 Walnut Ave, Paramount, CA 90723

    16beds
    8baths
    6,528sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $329/sqft
    $2,433 Estimated rent

    Owner options

    List your home for rent

    $2,433/mo

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    $2,433/mo

    Rent Zestimate®

    Refinance and save

    $13,446/mo

    Est. payment

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    $13,446/mo

    Est. payment

    What's special

    7224 Walnut Ave consists of eight large 2 bed + 1 bath units at the end of a quiet cul-de-sac in a single family residential neighborhood. The buildings were constructed in 1965 and boast a large 15,742 sq ft lot. There are washer and dryer hookups inside of each unit and select units have balconies or fenced yards. The property backs up to an equestrian center. There is approximately 50% upside in rental income and no city-specific rent control ordinance.

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2023 at 11:59am

    Listing Provided by:

    Justin White DRE #01267826 714-231-2537,

    Justin White

    Bought with:

    Edward Uriarte, DRE #01102702

    COMPASS

    Source: CRMLS,MLS#: PW23094650MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,528
    • Total interior livable area: 6,528 sqft

    Property

    Features
    • Levels: Multi/Split
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.36 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: 6236016011
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Stable(s), Suburban
    Location
    • Region: Paramount

    Other

    Other facts
    • Listing terms: Cash to New Loan