3861 Green Avenue, Los Alamitos, CA 90720

$3,650,000
Sold Price
$3,650,000
List Price
$3,625,000
Closing Date
Jul 01, 2022
Status
CLOSED
MLS#
PW22082505
Year Built
1988
Lot Size
12,293
Acres
0.28
Lot Location
Corner Lot
Days on Market
21
Property Type
Multifamily

Property Description

The Green Street Apartments are an attractive garden style 7-unit investment opportunity in the desirable City of Los Alamitos. The Green Street Apartments is a very well-maintained property, built in 1988 and has a very desirable unit mix consisting of (1) two bedroom/one bath two-story townhome units of932 sq.ft ., (1) two bedroom/two bath two-story townhome unit of 1,140 sq.ft ., (2) two bedroom/one bath units of 924 sq.ft ., and (3) three bedroom/two bath units ranging from 1,140 to 1,400 sq.ft . The Green Street Apartments has been owned in the same family for many years and is a unique investment opportunity due to its high-quality location and significant upside potential.

Additional Information

Pool Description
None
Garage Spaces Total
7
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$192,420
Operating Expense
71376

Listing courtesy of Listing Agent: Jay Skenderian (js@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Michael Arp from Morgan Skenderian

Mortgage Calculator

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Calculator source: Real Geeks

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.