Rick Olson
J&R Real Estate
(657) 500-0770
86 Total Sales
5 in Los Alamitos
$219K - $365K Price Range
3962 Howard Ave Los Alamitos, CA 90720
Los Alamitos Area
17
Beds
9
Baths
10,639
Sq Ft
0.41
Acre Lot
Highlights
- Gated Community
- Property is near public transit
- High Ceiling
- 0.41 Acre Lot
- Mediterranean Architecture
- Granite Countertops
About This Home
As of June 2021Pride of Ownership building located in best Los Alamitos Area. Gated trophy property built in 1985 Original owner First time ever on market. Over 10,000 square feet. Extremely well maintained. 25% upside on rents. 10 individual garages with openers. On site parking for an additional ten cars. Tankless water heaters. All plumbing replaced in last 5 years. Six units are townhouse style. Units have large private patios. Beautiful courtyard. Seller recently spent over $30,000 in landscaping. Eight units have remodeled kitchens with granite counters. Mostly long term tenants. Laundry room with washers and dryers included in sale.Tile roof. Maintenance room with built in cabinets. LED lighting. Seller is not exchanging. You will not find a cleaner property.
Last Agent to Sell the Property
P.R.S. Properties License #00586247 Listed on: 03/22/2021
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Property Details
Home Type
- Apartment
Year Built
- Built in 1985
Lot Details
- 17,860 Sq Ft Lot
- No Common Walls
- Fenced
- Stucco Fence
- Level Lot
Parking
- 10 Open Parking Spaces
- 10 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Mediterranean Architecture
- Turnkey
- Tile Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 10,639 Sq Ft Home
- 2-Story Property
- Built-In Features
- High Ceiling
- Workshop
- Granite Countertops
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 17 Bedrooms
- 9 Bathrooms
Accessible Home Design
- Accessible Parking
Outdoor Features
- Exterior Lighting
- Shed
Location
- Property is near public transit
- Suburban Location
Utilities
- Evaporated cooling system
- Air Source Heat Pump
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 147
- Tax Tract Number 693
- Assessor Parcel Number 22204303
Community Details
Building Details
- 10 Leased Units
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $4,092
- Insurance Expense $5,739
- Maintenance Expense $6,485
- Other Expense $10,146
- Pest Control $540
- New Taxes Expense $56,361
- Operating Expense $83,710
- Gross Income $232,757
- Net Operating Income $149,047
Additional Features
- 10 Units
- Laundry Facilities
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2021
Closed on
Apr 12, 2021
Sold by
Bought by
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Greg Bassirpou
Marcus & Millichap RE Invest
List Price
$4,595,000
Sold Price
$4,500,000
Premium/Discount to List
-$95,000
-2.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 24, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 12, 2018
Sold by
Bought by
Purchase Details
Closed on
May 29, 2018
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Alamitos, CA
-
Rick Olson
-
Teriann McKenna
Teriann McKenna
TM Real Estate Services
(424) 396-2889
10 Total Sales
1 in Los Alamitos
$380,000 Price
-
Jennifer Thomas
Jennifer Thomas
Responds QuicklySeven Gables Real Estate
(949) 468-3483
79 Total Sales
1 in Los Alamitos
$825,000 Price
-
JC Kim
JC Kim
First Team Real Estate
(562) 352-1064
21 Total Sales
2 in Los Alamitos
$900,000 Price Range
-
Shelly Smith
Shelly Smith
Responds QuicklyKeller Williams Empire Estates
(657) 500-4681
40 Total Sales
1 in Los Alamitos
$2,015,000 Price
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
255 Total Sales
1 in Los Alamitos
$1,492,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $4,500,000 | First American Title Company | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,150,000 | ||
| Previous Owner | $1,500,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $795,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2021 06/09/21 | Sold | $4,500,000 | -2.1% | $423 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 03/22/2021 03/22/21 | For Sale | $4,595,000 | -- | $432 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $58,922 | $4,968,362 | $4,286,750 | $681,612 |
| 2025 | $58,922 | $4,870,944 | $4,202,696 | $668,248 |
| 2024 | $57,802 | $4,775,436 | $4,120,290 | $655,146 |
| 2023 | $56,461 | $4,681,800 | $4,039,500 | $642,300 |
| 2022 | $56,199 | $4,590,000 | $3,960,294 | $629,706 |
| 2021 | $22,910 | $1,613,878 | $818,546 | $795,332 |
| 2020 | $22,876 | $1,597,330 | $810,153 | $787,177 |
| 2019 | $22,097 | $1,566,010 | $794,267 | $771,743 |
| 2018 | $20,978 | $1,535,304 | $778,693 | $756,611 |
| 2017 | $20,512 | $1,505,200 | $763,424 | $741,776 |
| 2016 | $20,092 | $1,475,687 | $748,455 | $727,232 |
| 2015 | $19,812 | $1,453,521 | $737,212 | $716,309 |
| 2014 | $19,130 | $1,425,049 | $722,771 | $702,278 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Gamez
Seller's Agent in 2021
Steve Gamez
P.R.S. Properties
(714) 328-0832
3 Total Sales
-
Greg Bassirpou
Buyer's Agent in 2021
Greg Bassirpou
Marcus & Millichap RE Invest
(949) 419-3269
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21059637
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.
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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