NOT LISTED FOR SALE

4412 Howard Ave Los Alamitos, CA 90720

5 Beds
3 Baths
5,358 Sq Ft
9,069 Sq Ft Lot

Sale Details

Date Sold: March 14, 2022

Last sale price $2,550,000 $476 Per Sq Ft

27 Days on Market

About This Home

As of March 2022

The Howard Street Apartments are an attractive garden style 5-unit investment opportunity in the desirable City of Los Alamitos. The Howard Street Apartments is a very well-maintained property, built in 1986 and has a very desirable unit mix consisting of (2) two bedroom/one bath two-story townhome units, (2) two bedroom/one bath units and (1) three bedroom/two bath units. The Howard Street Apartments has been owned in the same family for many years and is a unique investment opportunity due to its high-quality location and significant upside potential.

Last Agent to Sell the Property

Jay Skenderian

Morgan Skenderian License #01220368 Listed on: 02/02/2022

Last Buyer's Agent

Jay Skenderian

Morgan Skenderian License #01220368 Listed on: 02/02/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 9,069 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Density is 2-5 Units/Acre

Parking

  • 5 Open Parking Spaces
  • 5 Car Garage

Home Design

  • 5,358 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Tax Lot 411
  • Tax Tract Number 740
  • Assessor Parcel Number 22213251
  • $2,269 per year additional tax assessments

Community Details

Overview

  • 5 Units
  • Catalina Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $4,638
  • Operating Expense $50,967
  • Gross Income $119,460
  • Net Operating Income $64,909

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

9,069 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 2.60
  • Property Attached: Yes
  • Subdivision Name Other: Catalina (CATL)
  • Property Type: Residential Income
  • Parcel Number: 22213251
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 475.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Landscaped
  • Lot Size Sq Ft: 9069.00
  • Lot Size Acres: 0.2082

Multi Family

  • Gross Multiplier: 20.93
  • Gross Operating Income: 119460.00
  • Gross Scheduled Income: 116340.00
  • Insurance Expense: 4638.00
  • Lot Size Area: 9069.0000 Square Feet
  • Net Operating Income: 64909.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 50967.00
  • Rent Control: No
  • Total Expenses: 50967.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 1100.14
  • Tax Lot: 411
  • Tax Tract Number: 740
  • TaxOtherAnnualAssessmentAmount: 2269.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $2,550,000 +2.0% $476 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $2,500,000 -- $467 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,547 $2,706,080 $2,276,339 $429,741
2024 $31,547 $2,653,020 $2,231,705 $421,315
2023 $30,826 $2,601,000 $2,187,946 $413,054
2022 $11,627 $835,720 $344,075 $491,645
2021 $11,369 $819,334 $337,329 $482,005
2020 $11,359 $810,933 $333,870 $477,063
2019 $10,785 $777,870 $307,956 $469,914
2018 $10,237 $762,618 $301,918 $460,700
2017 $10,015 $747,665 $295,998 $451,667
2016 $9,815 $733,005 $290,194 $442,811
2015 $9,684 $721,995 $285,835 $436,160
2014 $9,354 $707,853 $280,236 $427,617
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22021030

California Regional Multiple Listing Service (CRMLS)

APN: 222-132-51

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