4342 Green Avenue

Los Alamitos, CA 90720
$7,950,000
RARE INVESTMENT PROPERTY in a great location! This 21-unit Los Alamitos apartment complex offers (4) two-bedroom/two-bathroom, (8) one-bedroom/one-bathroom, and (9) two-bedroom/one-bathroom units below market value. The property is being sold fully leased, with a substantial 55% rental upside, in an area of Orange County with strong rental demand. The propertyRead MoreRead Less
Property listed by RE/MAX College Park Realty, Brian Gorman 562-668-2390
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.67 Acres
Year Built
1963
MLS Number
PW25057373
30 Days Snapshot Of 90720
$1,381k
-8%
(avg) sold price
8
+60%
homes sold
43
-50%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1963, Building area total: 17,779, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Sidewalks, Pool
Cooling
WallWindowUnits
Expenses
Insurance expense: $17,000, Operating expense: $116,174
Fireplaces
None
Garage
31 spaces
Income
Gross income: $380,120, Net operating income: $263,946
Laundry
CommonArea, SeeRemarks
Lot
0.6719 acres, 29,268 square feet, Size: 29,268, ZeroToOneUnitAcre
Parking
31 totals parking, SeeRemarks
Pool
Community, SeeRemarks
Property
None
Sewer
PublicSewer
Spa
None
Tenant Pays
CableTv, Electricity
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.