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    4391 Howard Ave

    Los Alamitos, CA 90720
    • $1,900,000
    • STATUS: Active Under Contract
    • ON SITE: 14 Days
    • MLS #: 21-791620
    Under Contract
    UPDATED: 71 min ago
    $1,900,000
    • 10
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,572
      SQFT
    • $416
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    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 4381 Howard Avenue, Los Alamitos.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-18T23:42:35.52. 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.
    www.haciendagroupinc.com/homes/122083335
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    4391 Howard Ave Los Alamitos, CA 90720

    • Price: $1,900,000
    • Status: Active Under Contract
    • Updated: 71 min ago
    • MLS #: 21-791620
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    4,572
    SQFT
    $416
    $/SQFT
    1963
    Built
    Neighborhood:
    Los Alamitos
    County:
    Orange
    Area:
    Los Alamitos
    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 4381 Howard Avenue, Los Alamitos.
    Exterior Features

    Carport Spaces Total 4 Garage Structures Total 1 Lot Size Area 9491 Other Structures Other Parking Garage Carport DetachedParking Space Total Parking 7

    Interior Features

    Baths Total 5.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 842590 Gross Income 105960 Gross Operating Income 105960 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 73173.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Vendor Enhanced Tenant Pays ElectricityTrash CollectionWater Total Annual Expense 29608 Type Of Units Multifamily Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning R3

    Listing provided courtesy of Sean Riley DRE#01920511 of Cb Richard Ellis, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-18T23:42:35.52. 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.
     
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    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253