10861 Walnut Street, Los Alamitos, CA 90720

• 4 beds
• 2,734 sqft

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.

Listing Status:

Active

Date Added:

April 13, 2026

Data Last Updated:

April 15, 2026 at 2:08AM

Listing Office:

Marcus & Millichap RE Invest : 949-419-3200

Listing Agent:

Tyler Leeson : 949-419-3326

MLS ID:

CROC26079021

Interior

• Laundry: No Hookups

Exterior

• Parking: Parking spaces: 5

Location

• HOA Amenities: 0.0
• County: Orange

Lot

• Zoning: 24220114