$3,080,000
SOLD JAN 7, 2025

4001 Farquhar Ave Los Alamitos, CA 90720

11 Beds
8 Baths
6,708 Sq Ft
10,645 Sq Ft Lot

Recently Sold

$459 Per Sq Ft

4% Below List Price

25 Days on Market

Highlights

  • 7 Car Garage
  • Los Alamitos Elementary School Rated A
  • 2-minute walk to Little Cottonwood Park

About This Home

As of January 2025

Excellent pride of ownership 6 unit multifamily investment opportunity located in one of the most desirable rental markets in Orange County. Los Alamitos is well located with Cypress, Westminster, Seal Beach, and Rossmoor as its boarder cities. This property is in an award-winning school district near shops, restaurants, and Orange County and LA County beaches. Built in 1986, the Farquhar Avenue Apartments have an excellent unit mix consisting of (4) 2 bedroom/1.5 bathroom units (three with townhouse style floor plans), a 2 bedroom/1 bathroom unit, and a large 1 bedroom/1 bathroom unit. Electricity and gas are individually metered (owner gives a credit to one tenant for house portion of electricity), master metered for water. Ample parking with 7 garage spaces and 5 uncovered parking spaces. Each unit is heavily upgraded with custom cabinetry, granite countertops, crown molding, central heating, and individual water heaters. Tenants also have access to a shared laundry room with two washers and two dryers.

Last Agent to Sell the Property

Sean Riley

CB Richard Ellis, Inc. License #01920511 Listed on: 10/14/2024

Last Buyer's Agent

Stephanie St Pierre

Seven Gables Real Estate License #00688286

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 10,645 Sq Ft Lot

Parking

  • 7 Car Garage
  • 5 Open Parking Spaces
  • On-Street Parking

Home Design

  • Split Level Home

Interior Spaces

  • 6,708 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 222-052-50

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6708
  • Lot Acreage: 0.2400
  • Stories: 2
  • Year Built: 1986
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 477.04

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 7
  • Other Spaces: 5
  • Parking Garage: Garage Is Attached, Garage Is Detached, Garage - 1 Car, Garage - 2 Car, On street, Uncovered
  • Total Parking: 12

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 28.39
  • Assessed Improvement Value: 545894
  • Assessed Land Percent: 71.61
  • Assessed Land Value: 1377188
  • Total Assessed Value: 1923082
  • Assessor Parcel Number: 222-052-50
  • Lot Size Area: 10645

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 19.64
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 59068
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

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
01/07/2025 01/07/25 Sold $3,080,000 -3.8% $459 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $3,200,000 -- $477 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Riley

    Seller's Agent in 2025

    Sean Riley

    CB Richard Ellis, Inc.

    (714) 493-0614

    7 in this area

    16 Total Sales

    Sean Riley
    Section Image
  • Stephanie St Pierre

    Buyer's Agent in 2025

    Stephanie St Pierre

    Seven Gables Real Estate

    (714) 404-6411

    2 in this area

    48 Total Sales

    Stephanie St Pierre
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-453183

The MLS

APN: 222-052-50

California Orange County Los Alamitos 90720

4001 Farquhar Ave, Los Alamitos, CA

This home is located at 4001 Farquhar Ave, Los Alamitos, CA 90720 and is currently priced at $3,080,000, approximately $459 per square foot. This property was built in 1986. 4001 Farquhar Ave is a home located in Orange County with nearby schools including Los Alamitos Elementary School, Jack L. Weaver Elementary School, and Oak Middle School.

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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