John E Burge

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2341 WalnutSignal Hill, CA 90755

Multi-Family · 10,488 Sq. ft. | 0.28 Acres
$4,000,000 Active

2341 Walnut Overview

Time on Site:
161 days
Visits:
0

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 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.

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2341 Walnut Facts & Features

  • Type Multi-Family
  • Sq. ft. 10,488
  • Price/Sq.ft. $381
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Common Interest: Community Apartment

Income/Expenses

  • Electric Expense: 11425.0
  • Gardener Expense: 7142.0
  • Gross Income: 273768.0
  • Gross Scheduled Income: 273768.0
  • Insurance Expense: 9025.0
  • Net Operating Income: 170196.0
  • Operating Expense: 101177.0

Building Information

  • New Construction: No
  • Year Built: 1963

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 8 - Signal Hill
  • Postal City: SIGNAL HILL
  • Subdivision Name: Signal Hill (SH)

Community/Development

  • Community Features: Biking,Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: 1031 Exchange
  • Parcel Number: 7211030049
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 8.0
  • Garage: Yes

Building Interior

  • Building Area Total: 10488.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Laundry Features: Common Area
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 8.0
  • Parking Total: 16.0

Lot Information

  • Additional Parcels Description: 7211-030-50
  • Additional Parcels: No
  • Lot Features: Front Yard
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12196.8
  • Lot Size Units: Acres
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 10
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

2341 Walnut Neighborhood

Community

90755 (SIGNAL HILL) Demographics

37
Median Age
5,254
Population Density (per sq. mile)
50%
College Educated
$86,140
Estimated Median Income
2,232
Estimated Total Home Owners
2,282
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2341 Walnut Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2341 Walnut Market Data

Based on the last 30 days in this zip code

$685,674
Average List Price
$496
Average Price per Square Foot
1
Properties Sold
92
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

2341 Walnut History

Date Event Value Agent
1/20/2026Source: CRMLS Added to Database
January 20, 2026
Listing provided courtesy of NorthMarq Realty Services, IncPeter Hauser- MLS# OC26013823MLS ProviderContact Information: [email protected] - 949-717-5200
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