$2,150,000
$2,350,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
7224 Walnut AVE Paramount, CA 90723
0.36 Acres Lot
Key Details
Sold Price $2,150,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW23094650
Year Built 1965
Lot Size 0.361 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area Rl - Paramount North Of Somerset
Interior
Laundry 30, 9
Exterior
Pool None
Building
Lot Description Corners Marked
Story Split Level
Water District - Public
Others
Special Listing Condition Not Applicable
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Bought with Edward Uriarte • COMPASS