Paramount, CA 90723,7224 Walnut AVE
Paramount, CA 90723,7224 Walnut AVE
Paramount, CA 90723,7224 Walnut AVE
6
$2,150,000
$2,350,000
8.5%
Est.Price: ?

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0.36 Acres Lot

7224 Walnut AVE Paramount, CA 90723

Est. payment /mo
SOLD DATE : 08/18/2023

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Key Details

Sold Price $2,150,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23094650

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 Washer Hookup, Electric Dryer Hookup

Exterior

Pool None

Community Features Stable(s), Suburban

Building

Lot Description Cul-De-Sac

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Justin White • Justin White
Bought with Edward Uriarte • COMPASS

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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