$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 Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23094650
Sold Date 08/18/23
HOA Y/N No
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
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Pool None
Community Features Stable(s), Suburban
Private Pool No
Building
Lot Description Cul-De-Sac
Story 2
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6236016011
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Private
Special Listing Condition Standard
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Bought with Edward Uriarte • COMPASS