10861 Walnut Street, Los Alamitos, CA 90720
List Price: $1.7M
Listing Status: Pending
0Days on Market: 11
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1960
Lot Size: 6,534 sq ft
Garage Spaces: 1
Private Pool: Yes
MLS Number: OC26079021
About This Property
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.
Listing provided by: Tyler Leeson DRE #01451551 949-419-3200 tleeson@marcusmillichap.com, Marcus & Millichap RE Invest
Source: CRMLS, MLS #: OC26079021
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.