NOT LISTED FOR SALE

3761 Green Ave Los Alamitos, CA 90720

7 Beds
5 Baths
5,145 Sq Ft
8,712 Sq Ft Lot

Last Sold July 01, 2019

Last sale price $1,565,000 $304 Per Sq Ft

149 Days on Market

Highlights

  • Laundry Room
  • Richard Henry Lee Elementary School Rated A+
  • Landscaped

About This Home

As of July 2019

3761 Green Avenue is a 4-unit multifamily investment opportunity located in Los Alamitos, California. The 5,145 square foot property consists of spacious two- and three-bedroom floor plans and offers amenities including private patios/balconies (select units), on-site laundry, and garage parking. Unit A, the three-bedroom townhome, features upgrades including new carpet, laminate flooring, painting, a stove top range, window coverings, wall AC, updated bathrooms, and more in 2018. The property is located within walking distance of grocers, retailers, restaurants, and entertainment options located along Los Alamitos Boulevard. The top three employers in Los Alamitos, per the city’s 2010 Comprehensive Annual Financial Report, are within walking distance of the subject property.

Last Agent to Sell the Property

Kurt Hediger

Marcus & Millichap RE Invest License #01846649 Listed on: 01/23/2019

Last Buyer's Agent

Shelley Hanks

Access Coastal Realty License #01426415

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 6 Car Garage

Home Design

  • 5,145 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 693
  • Assessor Parcel Number 22210123

Community Details

Building Details

  • 4 Leased Units
  • Electric Expense $1,298
  • Fuel Expense $1,298
  • Insurance Expense $1,000
  • Maintenance Expense $2,000
  • Other Expense $2,720
  • Trash Expense $1,298
  • Water Sewer Expense $1,298
  • New Taxes Expense $19,329
  • Operating Expense $30,242
  • Gross Income $96,300
  • Net Operating Income $63,196

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1298.00
  • Property Type: Residential Income
  • Parcel Number: 22210123
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 304.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1298.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Electric Expense: 1298.00
  • Fuel Expense: 1298.00
  • Gross Income: 96300.00
  • Gross Operating Income: 93438.00
  • Gross Scheduled Income: 96300.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 0.2000 Acres
  • Maintenance Expense: 2000.00
  • Net Operating Income: 63196.00
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 30242.00
  • Other Expense: 2720.00
  • Rent Control: No
  • Total Actual Rent: 7950.00
  • Total Expenses: 30242.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 19329.00
  • Tax Census Tract: 1100.14
  • Tax Lot: 43
  • Tax Tract Number: 693

Range of Values:

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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
07/01/2019 07/01/19 Sold $1,565,000 -3.7% $304 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
04/17/2019 04/17/19 Price Changed $1,625,000 -3.0% $316 / Sq Ft
01/23/2019 01/23/19 For Sale $1,675,000 -- $326 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19017401

California Regional Multiple Listing Service (CRMLS)