$5,615,000
$5,300,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
0.44 Acres Lot
SOLD DATE : 11/30/2021
Key Details
Sold Price $5,615,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21203587
Sold Date 11/30/21
HOA Y/N No
Year Built 1963
Lot Size 0.440 Acres
Property Description
Greenbrier Apartments is a 14-unit multifamily investment opportunity located at 4312 Green Avenue, Los Alamitos, California. This offering represents a rare opportunity to acquire a 10+ unit multifamily investment property in a market with a dearth of multifamily investment opportunities. Per Commercial Real Estate Marketplaces CoStar, LoopNet and MLS, Greenbrier Apartments is the only active listing of 5 or more units in Los Alamitos. Additionally, there has been only one sale of more than 10 units in Los Alamitos since September 1, 2018. Built in 1963, Greenbrier Apartments contains an attractive unit mix consisting of renovated two and three-bedroom units with upgraded cabinets, flooring, and fixtures. Situated on a 0.44-acre lot, the property offers amenities including a swimming pool, gated access, garage, tuck-under, uncovered, and carport parking, storage lockers, and on-site laundry. Greenbrier Apartments benefits from its central location between Orange and Los Angeles Counties as well as its proximity to highly ranked schools, major retail centers, and top local employers. In addition, the property is located just one mile from the Los Alamitos Race Track, which brings in thousands of visitors annually.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry CommonArea
Exterior
Garage Spaces 4.0
Carport Spaces 11
Garage Description 4.0
Pool Community
Community Features Curbs, Sidewalks, Pool
Total Parking Spaces 16
Private Pool No
Building
Lot Description StreetLevel
Story 2
Entry Level Two
Sewer PublicSewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 22213107
Energy Description 4325.0
Acceptable Financing CashtoNewLoan, Item1031Exchange
Listing Terms CashtoNewLoan, Item1031Exchange
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Tyler Leeson • Marcus & Millichap RE Invest