7224 Walnut Ave






Description
- Listed by Justin White • DRE #01267826 • Brokerage DRE #01267826 • Justin White
Property Details for 7224 Walnut Avenue
Property Details for 7224 Walnut Avenue
| Status | Closed |
|---|---|
| MLS # | PW23094650 |
| Days on Market | 50 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Res Income 2-4 Units |
| Year Built | 1965 |
| County | Los Angeles County |
Location
Sold By COMPASS, Edward Uriarte, DRE #01102702
Building Information for 7224 Walnut Avenue
Payment Calculator
$12,885 per month
30 year fixed, 6.15% Interest
$10,479
$2,406
$0
Property Information for 7224 Walnut Avenue
- Tenant Pays: Electricity, Gas
- Gross Income: $139,920
- Gross Scheduled Income: $139,920
- Net Operating Income: $74,698
- Gross Multiplier: 16.8
- Cap Rate: 3.18
- Financing: Private
- Operating Expense: $58,226
- New Taxes Expense: $29,375
- Gardener Expense: $1,615
- Insurance Expense: $4,500
- Maintenance Expense: $5,600
- Professional Management Expense: $8,395
- Trash Expense: $3,241
- Water Sewer Expense: $1,100
- Total Expenses: $58,226
- Tax Tract Number: n/a
- CFD/Mello-Roos Fee: $0
- Tax Lot: n/a
- Community Features: Stable(s), Suburban
- Laundry: Yes
- Laundry Features: Electric Dryer Hookup, Washer Hookup
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft
- Number Of Units: 8
- Land Lease: No
- Land Lease Type: Fee
- Levels: Multi/Split
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,485
- Unit Type Total Rent: $1,485
- Unit Type Pro Forma: 2200
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,540
- Unit Type Total Rent: $1,540
- Unit Type Pro Forma: 2200
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,375
- Unit Type Total Rent: $1,375
- Unit Type Pro Forma: 2200
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,485
- Unit Type Total Rent: $1,485
- Unit Type Pro Forma: 2200
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,485
- Unit Type Total Rent: $1,485
- Unit Type Pro Forma: 2200
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,485
- Unit Type Total Rent: $1,485
- Unit Type Pro Forma: 2200
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,430
- Unit Type Total Rent: $1,430
- Unit Type Pro Forma: 2200
- Unit Type Type: 7
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,375
- Unit Type Total Rent: $1,375
- Unit Type Pro Forma: 2200
- Unit Type Type: 8
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 8
- Number Of Separate Gas Meters: 8
- Number Of Separate Water Meters: 8
Property History for 7224 Walnut Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 18, 2023 | Sold CRMLS #PW23094650 | $2,150,000 | — |
| Aug 18, 2023 | Sold SDMLS #PW23094650 | $2,150,000 | — |
| Aug 18, 2023 | Sold CLAW #PW23094650MR | $2,150,000 | — |
| Jul 19, 2023 | Pending SDMLS #PW23094650 | — | |
| Jul 19, 2023 | Pending CLAW #PW23094650MR | — | |
| Jul 19, 2023 | Accepting Backup Offers CRMLS #PW23094650 | — | |
| Jul 19, 2023 | Accepting Backup Offers CLAW #PW23094650MR | — | |
| May 30, 2023 | Listed (Active) CRMLS #PW23094650 | $2,350,000 | — |
| May 18, 2023 | Listed (Active) CLAW #PW23094650MR | $2,350,000 | — |
| May 18, 2023 | Listed (Active) SDMLS #PW23094650 | $2,350,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/18/2023 | Sold CRMLS #PW23094650 | $2,150,000 |
| 08/18/2023 | Sold SDMLS #PW23094650 | $2,150,000 |
| 08/18/2023 | Sold CLAW #PW23094650MR | $2,150,000 |
| 07/19/2023 | Pending SDMLS #PW23094650 | — |
| 07/19/2023 | Pending CLAW #PW23094650MR | — |
| 07/19/2023 | Accepting Backup Offers CRMLS #PW23094650 | — |
| 07/19/2023 | Accepting Backup Offers CLAW #PW23094650MR | — |
| 05/30/2023 | Listed (Active) CRMLS #PW23094650 | $2,350,000 |
| 05/18/2023 | Listed (Active) CLAW #PW23094650MR | $2,350,000 |
| 05/18/2023 | Listed (Active) SDMLS #PW23094650 | $2,350,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7224 Walnut Avenue
Schools near 7224 Walnut Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Hollydale School PublicK to 8 | ||
Alondra Middle School Public6 to 8 | ||
Buena Vista High School Public9 to 12 | ||
Paramount High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Justin White, Justin White, DRE #01267826
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.





