10861 Walnut ST, Los Alamitos, CA 90720
10861 Walnut ST, Los Alamitos, CA 90720
10861 Walnut ST, Los Alamitos, CA 90720
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Rod Austin

Rod Austin

+1(562) 619-7000
$1,700,000
Est. payment /mo
6,534 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26079021

HOA Y/N No

Year Built 1960

Lot Size 6,534 Sqft

Property Sub-Type Triplex

Property Description

10861 Walnut Street is a 3-unit multifamily property located in Los Alamitos, California. Built in 1960 and 1985 on a 0.15-acre parcel, the property consists of two separate buildings totaling 2,734 rentable square feet. The property features a desirable unit mix of 1 two-bed/one-bath single-story house and 2 two-bed/ two-bath units configured as an up/down duplex. The house includes an attached garage and a spacious private yard, appealing to tenants seeking additional privacy and usable outdoor space, while the duplex units offer efficient layouts with broad rental appeal. The property benefits from ample on-site parking, including four carport spaces and one single-car garage, supporting tenant convenience in a supply-constrained parking market. Current rents are below market, presenting a clear opportunity for a new owner to capture rental upside through a comprehensive renovation program. Overall, the asset offers a low-density residential setting with a functional unit mix, providing both immediate leasing potential and the ability to enhance income in the desirable Los Alamitos market.

Location

State CA

County Orange

Area 52 - Los Alamitos

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 1.0

Carport Spaces 4

Garage Description 1.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 24220114

Energy Description 569.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com, DRE #01451551

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Rod Austin

Rod Austin

Managing Partner/Agent | License ID: 01944483

+1(562) 619-7000

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10861 Walnut ST