$2,525,000
$2,565,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
0.44 Acres Lot
SOLD DATE : 06/23/2021
Key Details
Sold Price $2,525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC20216141
Sold Date 06/23/21
HOA Y/N No
Year Built 1962
Lot Size 0.440 Acres
Property Description
The Green Avenue Apartment Homes are located in the desirable City of Los Alamitos, CA. Built in 1962, this property provides a rare investment opportunity in the highly sought-after Los Alamitos rental market within the greater Orange County area.
The subject property offers an attractive unit mix comprised of (1) large five-bedroom/ two and one-half bathroom house with large yard, (1) two-bedroom/ one-bathroom cottage, and (4) two-bedroom/ one-bathroom units totaling 5,792 square feet, situated over a large 18,980 square foot lot. Some amenities include: large yards, gated access, ample on-site parking (14 spaces and enclosed garage), washer/dryer hookups, private patios, and a spacious courtyard.
This property is centrally located between both Orange and Los Angeles Counties and close to schools, entertainment, retail, employment, and freeways. It is also located within the Los Alamitos Unified School District, which offers eight National Blue Ribbon schools (highly sought after by tenants). This offering provides a rare opportunity for an investor to acquire a stabilized, pride of ownership asset in the desirable Los Alamitos market.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 16
Private Pool No
Building
Lot Description Front Yard, Landscaped, Near Public Transit
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 22205111
Energy Description 1333.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang • Remax Commercial and Investment Realty