NOT LISTED FOR SALE

10791 Cherry St Los Alamitos, CA 90720

16 Beds
11 Baths
13,912 Sq Ft
0.68 Acres

Last Sold October 25, 2013

Last sale price $3,000,000 $216 Per Sq Ft

277 Days on Market

Highlights

  • 0.68 Acre Lot
  • Craftsman Architecture
  • Central Heating
  • Jack L. Weaver Elementary School Rated A+

About This Home

As of October 2013

The Cherry Street apartment portfolio is a beautiful, immaculately maintained collection of four (4) single family homes and a five (5) unit apartment complex located in Los Alamitos. This unique and diverse unit mix provides excellent income security and stability.

Last Agent to Sell the Property

Travis Haining

Voit Commercial Brokerage License #01483191 Listed on: 12/10/2012

Last Buyer's Agent

Travis Haining

Voit Commercial Brokerage License #01483191 Listed on: 12/10/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.68

Parking

  • 18 Parking Spaces

Home Design

  • 13,912 Sq Ft Home
  • Craftsman Architecture

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 11 Bathrooms

Additional Features

  • 0.68 Acre Lot
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 25 / 24
  • Tax Tract Number 441
  • Assessor Parcel Number 24218324

Community Details

Overview

  • 5 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Electric Expense $532
  • Gardener Expense $4,800
  • Insurance Expense $3,781
  • Maintenance Expense $5,150
  • Professional Management Expense $9,430
  • Trash Expense $1,700
  • Water Sewer Expense $5,622
  • New Taxes Expense $27,948
  • Gross Income $15,717
  • Net Operating Income $122,477

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 3.50
  • Professional Management Expense: 9430.00
  • View: No
  • Water Sewer Expenses: 5622.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 4800.00
  • Parcel Number: 24218324
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 215.64

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 18.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Trash Expense: 1700.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 29500.00
  • Lot Size Acres: 0.6770

Multi Family

  • Electric Expense: 532.00
  • Gross Income: 15717.00
  • Gross Multiplier: 222.69
  • Gross Scheduled Income: 15717.00
  • Insurance Expense: 3781.00
  • Lot Size Area: 29500.0000 Square Feet
  • Maintenance Expense: 5150.00
  • Net Operating Income: 122477.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Total: 9
  • Operating Expense: 60469.00

Tax Info

  • New Taxes Expense: 27948.00
  • Tax Block: 24
  • Tax Lot: 25
  • Tax Tract Number: 441

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $3,000,000 -14.3% $216 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $3,500,000 -- $252 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Travis Haining

    Voit Commercial Brokerage

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P843289

California Regional Multiple Listing Service (CRMLS)

APN: 242-183-24

California Orange County Los Alamitos 90720

10791 Cherry St, Los Alamitos, CA

This home is located at 10791 Cherry St, Los Alamitos, CA 90720 since 10 December 2012. This property was built in 1969. 10791 Cherry St is a home located in Orange County with nearby schools including Jack L. Weaver Elementary School, Francis Hopkinson Elementary School, and Oak Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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