NOT LISTED FOR SALE

3901 Howard Ave Los Alamitos, CA 90720

9 Beds
5 Baths
4,405 Sq Ft
8,581 Sq Ft

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

8,575 Sq Ft Lot

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
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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

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 $16,267 $1,308,386 $1,093,436 $214,950
2024 $16,267 $1,282,732 $1,071,996 $210,736
2023 $15,879 $1,257,581 $1,050,977 $206,604
2022 $15,783 $1,232,923 $1,030,370 $202,553
2021 $15,434 $1,208,749 $1,010,167 $198,582
2020 $15,454 $1,196,355 $999,809 $196,546
2019 $14,905 $1,172,898 $980,205 $192,693
2018 $14,197 $1,149,900 $960,985 $188,915
2017 $13,890 $1,127,353 $942,142 $185,211
2016 $13,615 $1,105,249 $923,669 $181,580
2015 $13,447 $1,088,648 $909,795 $178,853
2014 $12,980 $1,067,323 $891,973 $175,350
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P809188

California Regional Multiple Listing Service (CRMLS)
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