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Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22077645
Sold Date 05/20/22
Bedrooms 10
HOA Y/N No
Lot Size 9,492 Sqft
Lot Dimensions 52x183
Property Description
Opportunity is Knocking! This is a beautiful property located in a desirable area of Los Alamitos. Outstanding unit mix of two 3 bedrooms, 1 & 3/4 baths and three 2 bedrooms, 1 3/4 bath units. Back unit on upper level above garages has been upgraded and has a cute front patio area by entry door. The front lower unit tenant has been there 28 years & this unit needs complete updating. Upper unit at 4036 need updating also. All 5 units have their own Landlord owned washer & dryer. There is a laundry room with sink & folding table that is currently being used for storage. There are 5 single garages & 5 additional parking spaces off the alley. Large lot & recently upgraded new water line. Owners recently added a charming front patio with artificial turf providing easy care low maintenance. All 5 units have Central Heat & A/C, 6 electric and gas meters, one water meter. Rent increases in 3 units effective 6/1/22 & two tenants on lease agreements, other three are month-to-month.. This is that wonderful property you have been waiting for. Information on the square footage of units was taken from prior MLS printout. Information on actual square footage of interior units is not available. Other features include: Outstanding Award Winning Schools, excellent restaurants & shopping nearby, terrific freeway access to Southern California Amenities & Jobs, only a short distance to beautiful beaches & Historic Seal Beach Pier & quaint Old Town shopping & restaurants & truly wonderful year round weather. This property has it all. Hurry.
Opportunity is Knocking! This is a beautiful property located in a desirable area of Los Alamitos. Outstanding unit mix of two 3 bedrooms, 1 & 3/4 baths and three 2 bedrooms, 1 3/4 bath units. Back unit on upper level above garages has been upgraded and has a cute front patio area by entry door. The front lower unit tenant has been there 28 years & this unit needs complete updating. Upper unit at 4036 need updating also. All 5 units have their own Landlord owned washer & dryer. There is a laundry room with sink & folding table that is currently being used for storage. There are 5 single garages & 5 additional parking spaces off the alley. Large lot & recently upgraded new water line. Owners recently added a charming front patio with artificial turf providing easy care low maintenance. All 5 units have Central Heat & A/C, 6 electric and gas meters, one water meter. Rent increases in 3 units effective 6/1/22 & two tenants on lease agreements, other three are month-to-month.. This is that wonderful property you have been waiting for. Information on the square footage of units was taken from prior MLS printout. Information on actual square footage of interior units is not available. Other features include: Outstanding Award Winning Schools, excellent restaurants & shopping nearby, terrific freeway access to Southern California Amenities & Jobs, only a short distance to beautiful beaches & Historic Seal Beach Pier & quaint Old Town shopping & restaurants & truly wonderful year round weather. This property has it all. Hurry.
Location
State CA
County Orange
Area Oc - Los Alamitos (90720)
Zoning Builder
Interior
Cooling Central Forced Air
Appliance Forced Air Unit
Exterior
Exterior Feature Stucco, Wood
Garage Unit1:Assigned
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,310
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with Stephanie St Pierre • Seven Gables Real Estate
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Chris & Courtney Cameron
Agent | Office DRE #02021421 | 01766250
Agent Office DRE #02021421 | 01766250