4381 Howard Avenue, Los Alamitos, CA 90720

$1,880,000
Sold Price
$1,880,000
List Price
$1,900,000
Closing Date
Dec 23, 2021
Status
CLOSED
MLS#
21791598
Year Built
1964
Lot Size
9,413
Acres
0.22
Days on Market
26
Property Type
Multifamily

Property Description

Excellent 4 unit multifamily investment property located in one of the most desirable rental markets in Orange County. Los Alamitos is well located with close access to beach communities and has a highly rated school district. Unit mix is two 2 bed/1 bath units and two 3 bed/1.5 bath townhouse style units. The front 2 bed/1 bath unit has a wood burning fireplace. Each 3 bedroom tenant has an assigned carport space and additional parking space, each 2 bedroom unit has an assigned carport space. One additional open parking space can be assigned for additional income if desired. Owner instituted Ratio Utility Billing System (RUBS) for house utilities and pays 10% of the total cost. Building is all electric and individually metered. Each unit also has its own water heater and private patio. This property can be purchased separately or together with 4391 Howard Avenue, Los Alamitos.

Additional Information

Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Sean Riley (Sean.Riley@cbre.com) from Listing Office: CB Richard Ellis, Inc..

Listing sold by Grant Hahn from Morgan Skenderian

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.