NOT LISTED FOR SALE

3791 Howard Ave Los Alamitos, CA 90720

2 Beds
1 Bath
9,024 Sq Ft
0.42 Acres

Last Sold April 22, 2015

Last sale price $1,900,000 $211 Per Sq Ft

30 Days on Market

About This Home

As of April 2015

3791 Howard Avenue is an eight-unit multifamily investment property in the city of Los Alamitos, California. The property possesses all two-bedroom/one-and-a-half bath townhomes. The property is situated directly facing Howard Avenue in an irreplaceable Los Alamitos location. The property is located minutes from the beach and Disneyland Park and Resort with easy access to the 605 and 405 freeways. The property is in close proximity to numerous schools including Los Alamitos Elementary, Los Alamitos High School and California State University, Long Beach. Additionally, Los Alamitos Medical Center is located less than one mile from the property.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 01/30/2015

Co-Listed By

Kurt Hediger

Marcus & Millichap RE Invest License #01846649

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 01/30/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.42 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • 9,024 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 100
  • Tax Tract Number 693
  • Assessor Parcel Number 22206123

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $1,969
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Maintenance Expense $4,000
  • Professional Management Expense $1,200
  • Trash Expense $1,969
  • Water Sewer Expense $1,969
  • New Taxes Expense $26,400
  • Gross Income $11,300
  • Net Operating Income $88,253

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1969.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 22206123
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 210.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1969.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18068.00
  • Lot Size Acres: 0.4150

Multi Family

  • Electric Expense: 1969.00
  • Gross Income: 11300.00
  • Gross Scheduled Income: 137000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 18068.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 88253.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 44679.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 26400.00
  • Tax Lot: 100
  • Tax Tract Number: 693
  • Tax Year: 2015
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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 List to Sale Price per Sq Ft
04/22/2015 04/22/15 Sold $1,900,000 -13.6% $211 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $2,200,000 -- $244 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,773 $2,587,988 $1,412,174 $1,175,814
2024 $30,773 $2,406,968 $1,384,485 $1,022,483
2023 $28,232 $2,194,842 $1,357,339 $837,503
2022 $28,047 $2,151,806 $1,330,724 $821,082
2021 $27,423 $2,109,614 $1,304,631 $804,983
2020 $27,445 $2,087,983 $1,291,254 $796,729
2019 $26,477 $2,047,043 $1,265,936 $781,107
2018 $25,203 $2,006,905 $1,241,113 $765,792
2017 $24,656 $1,967,554 $1,216,777 $750,777
2016 $24,164 $1,928,975 $1,192,919 $736,056
2015 $12,999 $900,051 $580,222 $319,829
2014 -- $882,421 $568,857 $313,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15012097

California Regional Multiple Listing Service (CRMLS)
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