Los Alamitos, CA 90720,4152 Howard AVE
Los Alamitos, CA 90720,4152 Howard AVE
Los Alamitos, CA 90720,4152 Howard AVE
$1,700,000
Est. payment /mo
Est.Price: ?

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8,725 Sqft Lot
SOLD DATE : 04/21/2023

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision ,Los Alamitos

MLS Listing ID PW23040620

Year Built 1960

Lot Size 8,725 Sqft

Property Description

Excellent 4 unit investment property located in Los Alamitos, one of the most desirable rental markets in Orange County. Built in 1960 the subject property offers an attractive unit mix of (4) two bedroom/one and half bathroom units, approximately 1,070 sq. ft. each, and the opportunity to add an ADU. Three of the units are townhouse style and all units have washer/dryer hookups in the unit. There is huge upside in the rents. Recent markets rents for similar units that are completely renovated are around $2,800 per month. In addition, there is an opportunity to convert 3 of the single car garages (a detached structure) into an ADU unit, further increasing the income and potential value of the property. This is a unique investment opportunity due to high quality location and significant upside potential.

Location

State CA

County Orange

Area 52 - Los Alamitos

Interior

Heating Wall Furnace

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Assigned

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking, Park, Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Building

Lot Description Front Yard, Street Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kristie Pabst • Pabst, Kinney & Associates • 562-547-2668
Bought with Spencer Pabst • Pabst, Kinney & Associates

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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