NOT LISTED FOR SALE

3901 Howard Ave Los Alamitos, CA 90720

9 Beds
5 Baths
4,405 Sq Ft
8,575 Sq Ft Lot

Last Sold November 29, 2012

Last sale price $1,062,500 $241 Per Sq Ft

273 Days on Market

Highlights

  • Granite Countertops
  • Tile Flooring
  • Heating Available
  • Richard Henry Lee Elementary School Rated A+

About This Home

As of November 2012

WOW! Own this lovely turn-key home + 3- 2 bed units in a prime rental area with tenants bounding down the door. Located in the Los Alamitos school district and one block from Los Alamitos Hospital. This charming home is 3 bedroom, 2 bath, fireplace, remodeled kitchen with granite counters, laundry & A/C. The 2 bedroom units & 1.5 bath are spacious and meticulously maintained w/ A/C. 6 private garages, 7 garage spots; a double garage for the home, single for the units with 2 to spare! Two garages are rented for $3300 annual additional income. Laundry on premises. Owner has beautifully maintained this property, no deferred maintance ready for owner occupied or full rental. Shops,restuarants & medical facilities with-in walking distance. Minutes to 406, 605 & 22 freeways.

Last Agent to Sell the Property

Ann Tuler

First Team Real Estate License #01006772 Listed on: 01/18/2012

First Team Real Estate

Last Buyer's Agent

Patricia Laird

Keller Williams Coastal Prop. License #00710297

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,575 Sq Ft Lot
  • Lot Dimensions are 47 x 180
  • Property fronts an alley

Parking

  • 7 Car Garage
  • Rear-Facing Garage

Home Design

  • Stucco

Interior Spaces

  • 4,405 Sq Ft Home
  • Fireplace Features Masonry
  • Leased Washer and Dryer

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 94
  • Tax Tract Number 693
  • Assessor Parcel Number 22204214

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $767
  • Gardener Expense $605
  • Insurance Expense $1,700
  • Other Expense $148
  • Supplies Expense $261
  • Trash Expense $1,281
  • Water Sewer Expense $1,838
  • New Taxes Expense $12,000
  • Gross Income $6,185
  • Net Operating Income $54,962

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

7

Listing Details

  • Assessments: No
  • CapRate: 4.87
  • Improvements Percent: 20.00
  • Road Frontage Type: Alley
  • Supplies Expense: 261.00
  • View: No
  • Water Sewer Expenses: 1838.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 605.00
  • Parcel Number: 22204214
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Granite Counters
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Fireplace Features: Masonry
  • Price Per Square Foot: 241.20

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: No
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Electric Cooking, Disposal, Cooktop
  • Heating Type: Electric
  • Trash Expense: 1281.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Value Percent: 80.00
  • Lot Size: 47 x 180
  • Lot Size Sq Ft: 8575.00
  • Lot Size Acres: 0.1970

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 950
  • Average3 Bed Area: 1690
  • Electric Expense: 767.00
  • Gross Income: 6185.00
  • Gross Multiplier: 15.21
  • Gross Scheduled Income: 74220.00
  • Insurance Expense: 1700.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8575.0000 Square Feet
  • Net Operating Income: 54962.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Operating Expense: 19258.00
  • Other Expense: 148.00
  • Other Expense Description: 1444
  • Total Actual Rent: 74220.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Area: 22006
  • Tax Lot: 94
  • Tax Rate: 0.02
  • Tax Tract Number: 693
  • Tax Year: 2011

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
11/29/2012 11/29/12 Sold $1,062,500 -11.1% $241 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $1,195,000 -- $271 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ann Tuler

    Seller's Agent in 2012

    Ann Tuler

    First Team Real Estate

    (562) 230-4482

    25 Total Sales

    Ann Tuler
    Section Image

  • P

    Buyer's Agent in 2012

    Patricia Laird

    Keller Williams Coastal Prop.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P809188

California Regional Multiple Listing Service (CRMLS)
California Orange County Los Alamitos 90720

3901 Howard Ave, Los Alamitos, CA

Not Listed for Sale

MultiFamily

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