Paramount, CA 90723,7224 Walnut AVE
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Paramount, CA 90723,7224 Walnut AVE
Paramount, CA 90723,7224 Walnut AVE
Paramount, CA 90723,7224 Walnut AVE
Paramount, CA 90723,7224 Walnut AVE

$2,150,000

Est. payment /mo

$2,350,000

8.5%
Est.Price: ?

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7224 Walnut AVE Paramount, CA 90723

0.36 Acres Lot

SOLD DATE : 08/18/2023

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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MLS Listing IDX PLUS
Listed by Justin White • Justin White
Bought with Edward Uriarte • COMPASS

The Walker Team

Agent | License ID: 01244287

+1(650) 383-7298

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