Seller's Agent in 2021
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
3 in this area
144 Total Sales
4312 Green Ave Los Alamitos, CA 90720
5
Beds
3
Baths
14,432
Sq Ft
0.44
Acres
Highlights
- 0.44 Acre Lot
- Community Pool
- Level Lot
- Los Alamitos Elementary School Rated A
- Laundry Room
About This Home
As of November 2021Greenbrier Apartments is a 14-unit multifamily investment opportunity located at 4312 Green Avenue, Los Alamitos, California. This offering represents a rare opportunity to acquire a 10+ unit multifamily investment property in a market with a dearth of multifamily investment opportunities. Per Commercial Real Estate Marketplaces CoStar, LoopNet and MLS, Greenbrier Apartments is the only active listing of 5 or more units in Los Alamitos. Additionally, there has been only one sale of more than 10 units in Los Alamitos since September 1, 2018. Built in 1963, Greenbrier Apartments contains an attractive unit mix consisting of renovated two and three-bedroom units with upgraded cabinets, flooring, and fixtures. Situated on a 0.44-acre lot, the property offers amenities including a swimming pool, gated access, garage, tuck-under, uncovered, and carport parking, storage lockers, and on-site laundry. Greenbrier Apartments benefits from its central location between Orange and Los Angeles Counties as well as its proximity to highly ranked schools, major retail centers, and top local employers. In addition, the property is located just one mile from the Los Alamitos Race Track, which brings in thousands of visitors annually.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 09/15/2021
Last Buyer's Agent
Marcus & Millichap RE Invest License #01451551 Listed on: 09/15/2021
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 0.44 Acre Lot
- No Common Walls
- Level Lot
Parking
- 1 Open Parking Space
- 4 Car Garage
- 11 Carport Spaces
Interior Spaces
- 14,432 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 304
- Tax Tract Number 740
- Assessor Parcel Number 22213107
- $6,787 per year additional tax assessments
Community Details
Recreation
- Community Pool
Building Details
- 14 Leased Units
- Rent Control
- 14 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $4,325
- Fuel Expense $4,325
- Insurance Expense $5,036
- Maintenance Expense $9,100
- Other Expense $26,787
- Professional Management Expense $14,073
- Trash Expense $4,325
- Water Sewer Expense $4,325
- New Taxes Expense $59,803
- Operating Expense $132,099
- Gross Income $362,617
- Net Operating Income $219,733
Additional Features
- 14 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2021 11/30/21 | Sold | $5,615,000 | +5.9% | $389 / Sq Ft |
| 10/01/2021 10/01/21 | Pending | -- | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $5,300,000 | -- | $367 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tyler Leeson
-
Neema Ahadian
N
Seller Co-Listing Agent in 2021
Neema Ahadian
Marcus & Millichap
(213) 943-1800
1 in this area
86 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21203587
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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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