NOT LISTED FOR SALE

4152 Green Ave Los Alamitos, CA 90720

8 Beds
5 Baths
4,584 Sq Ft
10,023 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $1,400,000 $305 Per Sq Ft

18 Days on Market

Highlights

  • No HOA
  • 6 Car Direct Access Garage
  • Laundry Room
  • Los Alamitos Elementary School Rated A
  • Cooling Available
  • Rectangular Lot

About This Home

As of February 2019

FOUR units in excellent condition and well maintained in the heart of desired Los Alamitos; walking distance to High School, doctors offices, banks, restaurants, and shopping. All units are occupied by long term tenants at way below rental market value; enormous potential to generate additional rental income and bring the rent to current market value; units are located in a rental area with high demand from potential qualified applicants; the units have a total of 6 covered park garages and 2 additional parking spaces; Ideally for new owner to live in the front unit 4152 - 3 beds & 2 and 1/2 bath and rent the other three. 4154 - 2 bed & 1 and 1/2 bath, 4156 - 2 beds & 1 and 1/2 bath, and 4158 - 1 bed & 1 bath; Units are priced to sell; DON'T miss this opportunity

Last Agent to Sell the Property

Santos Hernandez

Santos E Hernandez License #01719451 Listed on: 01/14/2019

Last Buyer's Agent

Sean Riley

CB Richard Ellis, Inc. License #01920511

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 10,023 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 6 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Parking Lot

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 4,584 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 288
  • Tax Tract Number 740
  • Assessor Parcel Number 22205109

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,320
  • Insurance Expense $1,700
  • Trash Expense $1,560
  • Water Sewer Expense $5,400
  • New Taxes Expense $18,737
  • Operating Expense $9,980
  • Gross Income $48,720
  • Net Operating Income $38,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 5400.00
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 22205109
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 305.41

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage, Garage Faces Rear, Garage - Single Door, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1560.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Walkstreet
  • Lot Size: 10021
  • Lot Size Sq Ft: 10023.00
  • Lot Size Acres: 0.2301

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 48720.00
  • Gross Scheduled Income: 4060.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 10023.0000 Square Feet
  • Net Operating Income: 38740.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9980.00
  • Rent Control: No
  • Total Expenses: 9980.00

Tax Info

  • New Taxes Expense: 18737.00
  • Tax Area: 22-006
  • Tax Census Tract: 1100.14
  • Tax Lot: 288
  • Tax Tract Number: 740
  • Tax Year: 2018

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
02/28/2019 02/28/19 Sold $1,400,000 -6.6% $305 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $1,499,000 -- $327 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19012267

California Regional Multiple Listing Service (CRMLS)