Multifamily

Green Avenue Apartment Homes

4164 Green Avenue, Los Alamitos, CA 90720

Listing Price: $2,565,000

Cap Rate
4.00%
Number of Units
6
Occupancy
100.0%
Price/Unit
$427,500
Price/Gross SF
$442.85
Gross SF
5,792

Investment Overview

The Green Avenue Apartment Homes are located in the desirable City of Los Alamitos, CA. Built in 1962, this property provides a rare investment opportunity in the highly sought-after Los Alamitos rental market within the greater Orange County area. The subject property offers an attractive unit mix comprised of (1) large five-bedroom/ two and one-half bathroom house with large yard, (1) two-bedroom/ one-bathroom cottage, and (4) two-bedroom/ one-bathroom units totaling 5,792 square feet, situated over a large 18,980 square foot lot. Some amenities include: large yards, gated access, ample on-site parking (14 spaces and enclosed garage), washer/dryer hookups, private patios, and a spacious courtyard. This property is centrally located between both Orange and Los Angeles Counties and close to schools, entertainment, retail, employment, and freeways. It is also located within the Los Alamitos Unified School District, which offers eight National Blue Ribbon schools (highly sought after by tenants). This offering provides a rare opportunity for an investor to acquire a stabilized, pride of ownership asset in the desirable Los Alamitos market.

Investment Highlights

  • Five-Bedroom Single Family Home with Large Yard, Two-Bedroom Cottage, and (4) Two-Bedroom Units
  • Recent Interior & Exterior Renovations
  • Large 18,980 Square Foot Lot / Ample On-Site Parking (14 Spaces) and Enclosed Garages
  • Separate Meters for Gas & Electric / Low Expense
  • Located in Desirable Los Alamitos Unified School District (Blue Ribbon Schools)
  • Close to Schools, Retail, Freewyas, Employment, & Entertainment
  • Large Yards, Private Patios, Washer/Dryer Hookups, & Spacious Courtyard
  • Property Situated on Two Parcels / Great Redevelopment or ADU Opportunity

Exclusively Listed By

Multifamily

Green Avenue Apartment Homes

Listing Price: $2,565,000

Cap Rate
4.00%
Number of Units
6
Occupancy
100.0%
Price/Unit
$427,500
Price/Gross SF
$442.85
Gross SF
5,792

Investment Highlights

  • Five-Bedroom Single Family Home with Large Yard, Two-Bedroom Cottage, and (4) Two-Bedroom Units
  • Recent Interior & Exterior Renovations
  • Large 18,980 Square Foot Lot / Ample On-Site Parking (14 Spaces) and Enclosed Garages
  • Separate Meters for Gas & Electric / Low Expense
  • Located in Desirable Los Alamitos Unified School District (Blue Ribbon Schools)
  • Close to Schools, Retail, Freewyas, Employment, & Entertainment
  • Large Yards, Private Patios, Washer/Dryer Hookups, & Spacious Courtyard
  • Property Situated on Two Parcels / Great Redevelopment or ADU Opportunity

Investment Overview

The Green Avenue Apartment Homes are located in the desirable City of Los Alamitos, CA. Built in 1962, this property provides a rare investment opportunity in the highly sought-after Los Alamitos rental market within the greater Orange County area. The subject property offers an attractive unit mix comprised of (1) large five-bedroom/ two and one-half bathroom house with large yard, (1) two-bedroom/ one-bathroom cottage, and (4) two-bedroom/ one-bathroom units totaling 5,792 square feet, situated over a large 18,980 square foot lot. Some amenities include: large yards, gated access, ample on-site parking (14 spaces and enclosed garage), washer/dryer hookups, private patios, and a spacious courtyard. This property is centrally located between both Orange and Los Angeles Counties and close to schools, entertainment, retail, employment, and freeways. It is also located within the Los Alamitos Unified School District, which offers eight National Blue Ribbon schools (highly sought after by tenants). This offering provides a rare opportunity for an investor to acquire a stabilized, pride of ownership asset in the desirable Los Alamitos market.

Exclusively Listed By

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