7224 Walnut Ave, Paramount, CA 90723
OFF MARKET
Listed by Justin White, Justin White, (714) 231-2537 . Bought with COMPASS

7224 Walnut Ave
Paramount, CA 90723

  • 16 Beds
  • 8 Baths
  • 6,528 sqft (on 0.36 acres)
16 Beds
8 Baths
6,528 sqft
(on 0.36 acres)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
14033 Arthur Ave, Paramount, CA
0.64
Multi-Family Home
$1,550,000
09/11/25
17
6
5,475
7913 Howe St, Paramount, CA
0.67
Multi-Family Home
$1,600,000
03/03/26
11
6
4,730
8020 McKinley Ave, South Gate, CA
0.76
Multi-Family Home
$1,445,000
10/16/25
10
7
5,815
11230 Louise Ave, Lynwood, CA
0.89
Multi-Family Home
$1,575,000
11/17/25
14
6
4,863
7240 Richfield St, Paramount, CA
0.89
Multi-Family Home
$1,645,000
06/25/26
11
5
5,286
8152 McKinley Ave, Paramount, CA
0.90
Multi-Family Home
$1,450,000
10/10/25
12
6
5,160
10987 Wright Rd, Lynwood, CA
1.14
Multi-Family Home
$1,770,000
08/15/25
11
6
4,500
12541 Old River School Rd, Downey, CA
1.20
Multi-Family Home
$3,170,000
10/10/25
24
24
11,988
16101 Ansmith Ave, Paramount, CA
1.95
Multi-Family Home
$2,250,000
07/02/26
16
8
6,768

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7356 Walnut Ave, Paramount, CA 90723
0.08
$669,400
2
1
1,008
Off Market
13636 Garfield Ave, South Gate, CA 90280
0.09
$710,000
3
3
1,657
Recently Sold
12221 Garfield Ave #24, South Gate, CA 90280
0.11
$595,000
-
-
-
For Sale
7340 Lugo Ave, Paramount, CA 90723
0.11
$703,700
3
1
890
Off Market
12122 Utah Ave, South Gate, CA 90280
0.15
$715,000
2
1
1,100
Recently Sold
7312 Walnut Ave, Paramount, CA 90723
0.16
$900,000
3
2
1,088
For Sale
7318 Cloverlawn Dr, South Gate, CA 90280
0.18
$828,500
3
2.5
1,568
Off Market
5751 Century Blvd, South Gate, CA 90280
0.19
$791,000
3
2
1,409
Off Market
7317 Howery St, South Gate, CA 90280
0.19
$757,100
3
2
1,244
Off Market
12107 Oklahoma Ave, South Gate, CA 90280
0.19
$771,600
2
2
1,283
Off Market
12026 Oklahoma Ave, South Gate, CA 90280
0.21
$746,000
2
1
1,197
Recently Sold

Local Information

  • Map ViewExplore the area around 7224 Walnut Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1965
Lot Size
0.36 acres
Living Area
6,528 sqft
HOA
None

About this House

7224 Walnut Ave consists of eight large 2 bed + 1 bath units at the end of a quiet cul-de-sac in a single family residential neighborhood. The buildings were constructed in 1965 and boast a large 15,742 sq ft lot. There are washer and dryer hookups inside of each unit and select units have balconies or fenced yards. The property backs up to an equestrian center. There is approximately 50% upside in rental income and no city-specific rent control ordinance.
7224 Walnut Ave, Paramount, CA 90723 is a 16 bedroom, 8 bathroom, 6,528 sqft multi-family built in 1965. It last sold for $2,150,000 on Aug 18, 2023 (9% below the $2,350,000 asking price). It is currently off market. The Trulia Estimate rent is $2,713/month.

Home Details for 7224 Walnut Ave

Interior Features

Beds & Baths
Number of Bedrooms: 16Number of Bathrooms: 8
Appliances & Utilities
Laundry: Washer Hookup,Electric Dryer Hookup
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: Multi/SplitEntry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 50

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 6236016011

Price & Status

Price
List Price: $2,350,000
Status Change & Dates
Off Market Date: Fri Aug 18 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: Paramount

Building

Building Area
Building Area: 6528 Square Feet

Community

Community Features: Stable(s), SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.36 acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: NoneListing Terms: Cash to New Loan

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW23094650Living Area Range Units: Square FeetCommon Interest: NoneUniversal Property Id: US-06037-N-6236016011-R-N

Additional Information

Stable(s)Suburban
Last check for updates: about 2 hours ago
Listed by Justin White DRE #01267826
Justin White
Bought with: Edward Uriarte DRE #01102702, (626) 817-3238, COMPASS
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW23094650

Price and Tax history

DateEventPrice
Aug 18, 2023
Source: CRMLS #PW23094650
Sold
$2,150,000
Aug 15, 2023
Source: CRMLS #PW23094650
Contingent
$2,350,000
May 30, 2023
Source: CRMLS #PW23094650
Listed For Sale
$2,350,000

Market trends in Paramount

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
3MoM
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Around this home

What Locals Say about Paramount

At least 358 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 79 % Say it's dog friendly

  • 73 % Say yards are well-kept

  • 69 % Say car is needed

  • 68 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 66 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 63 % Say it's walkable to grocery stores

  • 49 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 48 % Say people would walk alone at night

  • 48 % Say neighbors are friendly

  • 43 % Say parking is easy

  • 30 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chris071784
    "During Christmas we have the parade, we get Santa with his raiders and on Halloween we get house to decorate and lots of treat kids show up!"
    0
    Flag
  • Aaawoman71
    "There are always some type of community activity going on in the of Paramount. The city promotes family, community, and keeping Paramount dollars in Paramount. "
    0
    Flag
  • Pescadi123
    "Area is quiet. Homeless population is getting less. Less crime. Cleaner and move police presence. Nice stores."
    0
    Flag
  • Trulia User
    "The commute to down town is not that bad when traffic is moving but when traffic gets slow it takes time to get to your destination there should be be ways out of traffic "
    1
    Flag
  • Trulia User
    "My neighborhood is quiet safe very friendly neighbors I grew up living here my parents own a home here for over 20 years great for kids to ride there bikes and walk to school good school system and clean public transportation "
    2
    Flag
  • Mikortlbc
    "Nice clean and diverse area to live in. Schools and grocery stores are within a mile or 2 of my residence. No complaints here"
    1
    Flag
  • Samson A.
    "friendly neighbors everywhere. it is very common to see neighbors say a greeting while they either jugg or walk past."
    0
    Flag
  • Nicole.lopez374
    "Exercise park is in walking distance to where we live. Salud park and elementary school at the end of the block."
    2
    Flag
  • J0hnny1991
    "Dog owners like it here because the neighborhoods are for the most part, nice and safe. A lot of dog owners in this small town too "
    1
    Flag
  • Rocio D.
    "Close to the 105 fwy which makes it easy to commute to work, my mom's house and other cities I frequently visit "
    0
    Flag
  • Marcia N.
    "I live in Paramount and I love my neighborhood, everything is so close and you can find variety. It’s also calm "
    1
    Flag
  • Janneth S.
    "That is very quite and there a lot of neighbors support. They have meeting when something is going on to help each other. "
    0
    Flag
  • Shalleyyort61
    "It’s to quiet need more kids playing outside. I wish more liquor stores nearby and also police department "
    0
    Flag
  • Jenny S.
    "The schools are bad. Not a family friendly neighborhood. A lot of drugs at the park. One guy overdosed not too long ago. "
    3
    Flag
  • Jenny S.
    "There is a lot of residential mixed with commercial properties and the air quality is extremely poor. In Jan. 2019 the city sent out a letter saying it could cause birth defects and other things."
    4
    Flag
  • Gustavo G.
    "Pretty good community only that high school there are fights and parents don’t really do nothing about it but over all it’s good"
    2
    Flag
  • Ntly_chvz
    "There’s various parks around the neighborhood that are pet friendly. Trails that are also available for walks. "
    2
    Flag
  • Osoriajenny
    "We have a tree lighting ceremony every year. Santa Claus around and gives out apple’s and candy cane."
    1
    Flag
  • Maribel R.
    "Everything it’s great and there’s a lot people in the neighborhood who have dogs so no worries there "
    1
    Flag
  • Rose J.
    "It love it here and Salud park or great. I enjoy the free activities they have for the children on the holidays. "
    1
    Flag
  • Lyn C.
    "It’s improved alot since I lived here. Here kids are safe you can walk in the street in night or day"
    1
    Flag
  • Den O.
    "I’ve lived in this neighborhood all my life for 18 years. The area is relatively safe and definitely family-oriented. Small city, but closer relationships with neighbors as a result. "
    1
    Flag
  • Christina A.
    "the area is quiet and calm. When there are parties the neighbors don't must the noise the neighbor feel welcoming and shows you the ropes if you' allow it "
    0
    Flag
  • Karen G.
    "Some hood dogs running loose here and their but most people have them behind fences or see them on occasion during walks"
    0
    Flag
  • Lyn C.
    "Paramount got a lot better then how it was before. Neighbors talk to each other and look out for one another "
    0
    Flag
  • Mywae45
    "There are a lot of parks and outdoor spaces. I wish there was a dog park though. Family friendly neighborhood."
    0
    Flag
  • Leticia N.
    "Paramount Park events are very kid friendly and inviting. The city has really got cleaned up these past few months. City of Paramount is really growing and improving their streets."
    0
    Flag
  • Araceli G.
    "Paramount has a lot to offer for families. City events, access to public transportation, drive in theatre too!we love living here!"
    1
    Flag
  • Helga E.
    "Paramount is a nice city to live in, parks are well kept, streets are clean, and the community is friendly."
    0
    Flag
  • Helga E.
    "The rule is dogs should wear a harness or a leashes, some people forgets that and it's very annoying because I own a big dog and other dogs come to bother mine. "
    0
    Flag
  • William M.
    "good neighbors great place close to super markets , stores,gyms,parks good area for pet's no fights no drama "
    0
    Flag
  • Anonymous
    "To watch your kids because there is old people driving around starring at kids trying to take them.Do just be careful and watch your kids at all times."
    3
    Flag
  • Espinozadanny
    "Good schools, but High schools are sometimes overcrowded in long beach so you petition in a lottery to get you child in."
    0
    Flag
  • Tiffanylauren7489
    "The commute is fine it just the right amount of Traffic once you get used to it you know what times to leave and get on the freeway"
    0
    Flag
  • Brian R.
    "it's ok a bit crowded and parking sucks but not a bad place to live but there different parts of Paramount that are better especially for a family that needs space."
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

14 pet-friendly rentals in Paramount, CA

Explore by feature - Garage

12 rentals with a garage in Paramount, CA

Explore by feature - Air Conditioning

26 rentals with air conditioning in Paramount, CA

Explore by feature - Pool

10 rentals with a pool in Paramount, CA

Explore by feature - Washer/dryer

13 rentals with a washer/dryer in Paramount, CA

Homes for sale near 7224 Walnut Ave

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Off Market Homes Near 7224 Walnut Ave

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Frequently asked questions about 7224 Walnut Ave

  • What is the price history for 7224 Walnut Ave?
    7224 Walnut Ave in Paramount, CA last sold for $2,150,000 in August 2023.
  • Is Paramount a buyer's or seller's market?
    Paramount is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Paramount?
    Residents describe Paramount, CA as pedestrian-friendly, dog-friendly, and well-kept. See recently sold homes in Paramount, CA.
  • What are the closest schools to 7224 Walnut Ave?
    The closest schools to 7224 Walnut Ave in Paramount, CA are Hollydale School (Elementary/Middle, rated 5/10), Paramount High School (rated 5/10).
  • Does 7224 Walnut Ave have laundry facilities?
    Yes, 7224 Walnut Ave in Paramount, CA has laundry facilities.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-13 11:25:09 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information