Seller's Agent in 2021
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
1 in this area
159 Total Sales
4312 Green Ave Los Alamitos, CA 90720
5
Beds
3
Baths
14,432
Sq Ft
19,166
Sq Ft Lot
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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
| 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 | $71,679 | $5,958,682 | $5,398,736 | $559,946 |
| 2024 | $71,679 | $5,841,846 | $5,292,879 | $548,967 |
| 2023 | $70,001 | $5,727,300 | $5,189,097 | $538,203 |
| 2022 | $69,648 | $426,937 | $94,243 | $332,694 |
| 2021 | $11,620 | $418,566 | $92,395 | $326,171 |
| 2020 | $11,461 | $414,275 | $91,448 | $322,827 |
| 2019 | $11,147 | $406,152 | $89,654 | $316,498 |
| 2018 | $10,432 | $398,189 | $87,896 | $310,293 |
| 2017 | $10,172 | $390,382 | $86,173 | $304,209 |
| 2016 | $9,933 | $382,728 | $84,483 | $298,245 |
| 2015 | $9,723 | $376,980 | $83,214 | $293,766 |
| 2014 | $9,403 | $369,596 | $81,584 | $288,012 |
Source: Public Records
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
90 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21203587
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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