10921 Walnut, Los Alamitos, CA 90720

Property Description

Discover this exceptional multi-family 3 unit, 7-bedroom, 6-bathroom with 3 double garages nestled in the highly sought-after community of Los Alamitos. The thoughtfully designed layout features three distinct units, including a single family, three-bedroom, two-bath, 1,125 sq. ft. unit and two additional 972 sq. ft. townhouse units, each with two bedrooms and 1.5 bathrooms. Built in 1968, this charming residence is situated on a picturesque 0.16-acre lot and encompasses an impressive 3,039 square feet of rentable living space. The expansive lot, exceeding 7,400 square feet, presents abundant opportunities for outdoor enjoyment, whether it be relaxing patios, garden spaces, or recreational areas for families. Positioned within a low-density residential neighborhood, this property not only boasts functional unit configurations but also ensures immediate leasing potential with the possibility of increasing income in the thriving Los Alamitos market. Families will appreciate the top-rated schools in the area, while a variety of shops, restaurants, and beautiful beaches in Orange and Los Angeles County lie just a short drive away. This is a rare opportunity to invest in a property that offers not only immediate returns but also the potential for long-term financial growth. Don’t miss the chance to build multigenerational wealth for you and your loved ones in this vibrant and desirable locale!