2331 Walnut Ave Immeuble residentiel 10 lots 3 401 187 € (340 119 €/Lot) Taux de capitalisation 4,27 % Signal Hill, CA 90755

Walnut is a well-located, 10-unit apartment community in Signal Hill presenting classic value-add upside through interior/unit renovations, re-positioning of
rents, and operational improvements in a supply-constrained coastal market. Signal Hill benefits from its central position in Los Angeles County, adjacency to
Long Beach, and strong tenant demand driven by employment, lifestyle amenities, and limited housing options. With a value-add component, new ownership
can reposition the property to capture higher rents and long-term appreciation.
Walnut Apartments were constructed in 1963 with wood frame and stucco construction. The property offers a majority of larger floorplans with (2) one-bedrooms
and (8) three-bedrooms. Total net rentable square footage is 10,488 and the average units size is 1,049 square feet. All of the units have been updated with
quartz or granite countertops, but no other renovations to the interiors have been made. The units in 2341 Walnut have been newly repiped with copper.
Living in Signal Hill offers the charm of a small city with the convenience of being in the heart of Los Angeles County. Residents enjoy access to Long Beach and
the coastline, hiking trails and parks, and a quieter suburban feel while still being close to major freeways, employment hubs, shopping, and entertainment. The
community is safe, centrally located, and provides a unique blend of urban convenience and natural beauty.