Map location of 10622 Walnut Street, Los Alamitos, CA 90720
$1,900,000
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10622 Walnut Street, Los Alamitos, CA 90720

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7 Beds
5 Baths
- Sq Ft

This exclusive offering is a very rare opportunity to acquire an 80s construction multifamily investment property in Los Alamitos. Located on the edge of Orange County, the small city boasts convenient proximity to beach cities, major freeways, schools, and outdoor recreation available nearby at the 642-acre El Dorado Park; furthermore, this affluent area has an average household income of over $159,000. 10622 Walnut Street is 4,350-square foot, two-story 1988 construction with a desirable mix of one two-bed/one-bath unit, two two-bed/one-and-one-half-bath townhomes, and one three-bed/two-bath townhome. The units feature spacious floor plans, fireplaces, private patios, and separate gas and electric meters. The three-bedroom townhome has in-unit washer/dryer hookups, the remaining units share on-site laundry, and the property also offers garage and surface parking. The building has been well-maintained and offers a new investor a substantial 59 percent rental upside and the potential to develop two ADUs (buyer to verify). As of writing, 10622 Walnut Street is the only multifamily investment property on market in Los Alamitos, making this a truly outstanding value-add acquisition opportunity.

Listing By: Steven Bogoyevac - Steven M. Bogoyevac, Broker casmls-r Realty.com
  • MLS# PW24118105
  • Date Listed06/10/2024
  • Bedrooms 7
  • Bathrooms 5 baths
  • Lot Size -
  • County Orange

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Corner Lot

Directions

Corner of Sausalito and Walnut

Financial Considerations

Nearby Schools

Source: School Digger

Richard Henry Lee Elementary School

Public • PK - 5 • Serves this home

0.94 mi

Distance

Los Alamitos Elementary School

Public • PK - 5

1.16 mi

Distance

Hawaiian Elementary School

Public • PK - 6

1.17 mi

Distance

Rossmoor Elementary School

Public • PK - 5

1.84 mi

Distance

Venn W. Furgeson Elementary

Public • PK - 6

2.14 mi

Distance

Jack L. Weaver Elementary School

Public • PK - 5

2.19 mi

Distance

Cubberley K-8

Public • PK - 8

2.35 mi

Distance

A. E. Arnold Elementary

Public • PK - 6

2.86 mi

Distance

Melbourne (ella P.) Elementary School

Public • PK - 6

3.07 mi

Distance

Palms Elementary School

Public • PK - 6

3.07 mi

Distance

Oak Middle School

Public • 6 - 8 • Serves this home

0.44 mi

Distance

Sharon Christa Mcauliffe Middle School

Public • 6 - 8

1.16 mi

Distance

Lexington Junior High School

Public • 7 - 8

1.6 mi

Distance

Helen Keller Middle

Public • 6 - 8

2.94 mi

Distance

Oxford Academy

Public • 7 - 12

2.97 mi

Distance

Pharis F. Fedde Middle School

Public • 7 - 8

3.09 mi

Distance

Stanford Middle School

Public • 6 - 8

3.77 mi

Distance

Marshall Academy Of The Arts

Public • 6 - 8

3.84 mi

Distance

Martin B Tetzlaff Middle School

Public • 7 - 8

4.04 mi

Distance

Walker Junior High School

Public • 7 - 8

4.11 mi

Distance

Los Alamitos High School

Public • 9 - 12 • Serves this home

0.34 mi

Distance

Millikan High School

Public • 9 - 12

2.88 mi

Distance

Ernest S. Mcbride Senior High School

Public • 9 - 12

2.94 mi

Distance

Cypress High School

Public • 9 - 12

3.73 mi

Distance

Eunice Sato Academy Of Math & Science

Public • 9 - 12

3.98 mi

Distance

Artesia High School

Public • 9 - 12

4.04 mi

Distance

John F. Kennedy High School

Public • 9 - 12

4.11 mi

Distance

Lakewood High School

Public • 9 - 12

4.78 mi

Distance

Pacifica High School

Public • 9 - 12

5.85 mi

Distance

Wilson High School

Public • 9 - 12

5.96 mi

Distance

Aquinas International Academy

Private • KG - 12

3.28 mi

Distance

Beach Cities Learning - Long Beach

Private • 01 - 12

3.84 mi

Distance

La Palma Christian School

Private • PK - 12

4.11 mi

Distance

Spectrum Center Schools - Lakewood High School

Private • 09 - 12

4.78 mi

Distance

Orange County Christian School

Private • PK - 12

6.07 mi

Distance

Beacon Day School

Private • KG - 12

6.13 mi

Distance

Saint Joseph High School

Private • 09 - 12

6.2 mi

Distance

Valley Christian High School

Private • 09 - 12

6.31 mi

Distance

Hebrew Academy

Private • PK - 12

7.14 mi

Distance

United Chinese Learning Center

Private • KG - 11

7.17 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 90720

Source: Walkscore

78/100

Very Walkable

Walk Score ®

58/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 20/100, Bike Score: 57/100.

Points of Interest near 10622 Walnut Street, Los Alamitos, CA 90720

Frequently Asked Questions for 10622 Walnut Street

Source: Realty.com

10622 Walnut Street, Los Alamitos, CA 90720 is a Multi Family, Residential Income property listed for $1,900,000 The property is - sq. ft with 7 bedrooms and 5 bathrooms

Realty.com has 6 photos of 10622 Walnut Street.

The full address for this home is 10622 Walnut Street, Los Alamitos, CA 90720.

10622 Walnut Street has been listed on Realty.com since Mon June 10, 2024

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 20/100, Bike Score: 57/100.

There are 3 schools assigned to this home. Check out the schools near 10622 Walnut Street. Richard Henry Lee Elementary School (Grades: PK - 5), Oak Middle School (Grades: 6 - 8), Los Alamitos High School (Grades: 9 - 12)

Listing provided courtesy of: Steven M. Bogoyevac, Broker (tel: 562-436-5800)
Listing agent: Steven Bogoyevac (#CR-PBOYOSTE)

This content last refreshed on 2025-12-20 01:14:58. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 10622 Walnut Street, Los Alamitos, CA 90720 : MLS# PW24118105

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