NOT LISTED FOR SALE

4272 Green Ave Los Alamitos, CA 90720

Estimated Value: $1,387,000 - $1,697,000

6 Beds
4 Baths
2,235 Sq Ft
$658/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $1,335,000 $597 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,626/month

18 Days on Market

About This Home

As of April 2024

Excellent 2 unit multifamily investment property located in Los Alamitos on Green Avenue. Los Alamitos is a very strong rental market with award winning schools as well as many shops, restaurants, and within close proximity to Orange and LA County beaches. The front apartment is a 4 bedroom single story house with a private front and back yard and upgraded bathrooms and kitchen. The back apartment is a 2 bedroom single story house that is currently vacant with its own private yard and upgraded bathrooms and kitchen as well. Both units have washer and dryer hookups for private laundry. Parking includes a garage space as well as an uncovered parking space for each apartment unit. Individually metered for gas and electric, owner utilities are billed back to each tenant through a RUBS program maximizing cash flow.

Last Agent to Sell the Property

Sean Riley

CB Richard Ellis, Inc. License #01920511 Listed on: 03/06/2024

Last Buyer's Agent

Sean Riley

CB Richard Ellis, Inc. License #01920511 Listed on: 03/06/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 9,492 Sq Ft Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 2,235 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 222-131-04

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

9,492 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2235
  • Lot Acreage: 0.2179
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 626.40

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage - 2 Car, Uncovered
  • Total Parking: 4

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 14.22
  • Assessed Improvement Value: 113812
  • Assessed Land Percent: 85.78
  • Assessed Land Value: 686434
  • Total Assessed Value: 800246
  • Assessor Parcel Number: 222-131-04
  • Lot Size Area: 9492

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.20
  • Number Of Units: 2
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 19, 2024
Sold by
Madani-Shams Family Trust and Madani Mir M
Bought by
Mark And Erin Broersma Family Trust and Broersma
Seller's Agent
Sean Riley
CB Richard Ellis, Inc.
Buyer's Agent
Sean Riley
CB Richard Ellis, Inc.
List Price
$1,400,000
Sold Price
$1,335,000
Premium/Discount to List
-$65,000
-4.64%
Views
46
Current Estimated Value
$1,471,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,722
Avg. Annual Appreciation
5.18%
Original Mortgage
$801,000
Outstanding Balance
$789,032
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$682,690

Purchase Details

Closed on
May 27, 2014
Sold by
Madani Mir M and Shams Golnaz
Bought by
Madani Shams Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2011
Sold by
Madani Mir Mahmoud and Shams Golnaz M
Bought by
Madani Mir M and Shams Golnaz

Purchase Details

Closed on
Dec 17, 2009
Sold by
Ramirez Luis and Ramirez Yolanda
Bought by
Madani Mir Mahmoud and Shams Golnaz M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2007
Sold by
Worth Jon M and Worth Janice F
Bought by
Ramirez Luis and Ramirez Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mark And Erin Broersma Family Trust $1,335,000 Chicago Title
Madani Shams Family Trust -- First American Title Company
Madani Mir M -- First American Title Company
Madani Mir M -- None Available
Madani Mir Mahmoud $645,000 Investors Title Company
Ramirez Luis $999,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark And Erin Broersma Family Trust $801,000
Previous Owner Madani Mir M $453,000
Previous Owner Madani Mir Mahmoud $483,750
Previous Owner Ramirez Luis $799,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $1,335,000 -4.6% $597 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,400,000 0.0% $626 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $1,400,000 -- $626 / Sq Ft
Source: The MLS

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 $9,787 $1,361,700 $1,241,671 $120,029
2024 $9,787 $816,250 $700,162 $116,088
2023 $9,564 $800,246 $686,434 $113,812
2022 $9,525 $784,555 $672,974 $111,581
2021 $9,321 $769,172 $659,778 $109,394
2020 $9,351 $761,286 $653,013 $108,273
2019 $9,018 $746,359 $640,209 $106,150
2018 $8,596 $731,725 $627,656 $104,069
2017 $8,417 $717,378 $615,349 $102,029
2016 $8,257 $703,312 $603,283 $100,029
2015 $8,165 $692,748 $594,221 $98,527
2014 $7,601 $652,806 $559,959 $92,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-366165

The MLS

APN: 222-131-04

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