$4,000,000
2341 Walnut, Signal Hill CA 90755
Multi-Family (10 Units)
Property type
136 days
On market
$381
Price per sqft
8 cars
Garage
1963
Year built
12,197 sqft
Lot size
Open Houses
Overview
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. Living in Signal Hill offers the charm of a small city with the convenience of being in the heart of Los...
Listing provided by: Peter Hauser DRE #00856966, NorthMarq Realty Services, Inc
Listing updated: Jan 20, 2026 at 08:19pm.
Last checked: Jun 2, 2026 at 06:30am
Source: CRMLS #OC26013823
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $1,703 | $3,406 | $1,850 | Unfurnished |
| 8 | 3 | 2 | — | $2,426 | $19,408 | $3,135 | Unfurnished |
# of Buildings: 2
# of Units Total: 10
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 8
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
14.6x
List Price / Annual Gross Rent
Cap Rate
4.25%
NOI / List Price
Gross Scheduled Income: $273,768
Vacancy Allowance Rate: 3%
Operating Expense: $101,177
Net Operating Income: $170,196
Annual Operating Expenses
Electric: $11,425
Gardener: $7,142
Fuel: $0
Insurance: $9,025
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Front Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 8
Uncovered Spaces: 8
Parking Total: 16
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7211030049
Additional Parcels: No
Tax Lot: 12
Subdivision: Signal Hill (SH)
Community
Senior Community: No
Community Features: Biking, Sidewalks
Nearby Schools
Nearby schools around the 2341 Walnut, Signal Hill, CA 90755. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,200,000
Total Interest
$4,081,424
Total Payment
$7,281,424
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,543
per month
Property History for 2341 Walnut
Signal Hill Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90755.
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