4342 Green Avenue, Los Alamitos, CA 90720
- $7,700,000
- Sold Price
- $7,700,000
- List Price
- $7,950,000
- Closing Date
- May 15, 2025
- Status
- CLOSED
- MLS#
- PW25057373
- Year Built
- 1963
- Lot Size
- 29,268
- Acres
- 0.67
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 13
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Los Alamitos
Property Description
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 property features desirable amenities including a gated community pool, shared laundry room, and 31 garage spaces. Many recent improvements, including ALL interior & exterior electrical panels upgraded to meet the newest Insurance requirements. Convenient to the coastal amenities of Orange County; Los Angeles County; the Port of Long Beach; LAX, John Wayne & Long Beach Airports
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Additional Information
- Pool Description
- Community, See Remarks
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Garage Spaces Total
- 31
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 21
- Gross Scheduled Income
- $380,120
- Operating Expense
- 116174
Listing courtesy of Listing Agent: Brian Gorman (brianbgorman@gmail.com) from Listing Office: RE/MAX College Park Realty.
Listing sold by Grant Hahn from Morgan Skenderian
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.