$1,835,000
SOLD DEC 20, 2024

4461 Green Ave Los Alamitos, CA 90720

9 Beds
5 Baths
4,218 Sq Ft
9,100 Sq Ft Lot

Recently Sold

$435 Per Sq Ft

3% Below List Price

73 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 5 Car Garage
  • Los Alamitos Elementary School Rated A

About This Home

As of December 2024

This well-maintained quadplex in the highly sought-after city of Los Alamitos presents a rare opportunity for investors and owner-occupiers alike. Located at 4461 Green Ave, this property features four spacious units, three of which are currently occupied by tenants, providing immediate rental income.
The standout feature of this quadplex is the large, vacant unit, perfect for an owner-occupant. This unit offers generous living space, a bright and open floor plan with three bedrooms and two bathrooms, and the potential to customize it to your tastes. Imagine living in your own home while managing your investment from just a few steps away.
The property is located in a desirable neighborhood known for its excellent schools, close-knit community, and convenient access to shopping, dining, and major freeways.
Whether you’re looking to expand your investment portfolio or secure a home with built-in rental income, 4461 Green Ave offers the perfect blend of opportunity, comfort, and financial stability. Don't miss out on this amazing opportunity in the heart of Los Alamitos.
Some of the photos have been digitally staged.

Last Agent to Sell the Property

Richard Magana

West Shores Realty, Inc. Brokerage Phone: 310-872-1892 License #01996377 Listed on: 08/19/2024

West Shores Realty, Inc.

Last Buyer's Agent

Leticia Rivera

Estate Properties License #01183706

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 9,100 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,218 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 227
  • Tax Tract Number 740
  • Assessor Parcel Number 22212126

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Gardener Expense $600
  • Insurance Expense $5,446
  • Trash Expense $720
  • Water Sewer Expense $3,000
  • Operating Expense $12,766
  • Gross Income $53,796
  • Net Operating Income $41,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Price Per Unit: 474750
  • Property Attached: Yes
  • Subdivision Name Other: Los Alamitos
  • View: No
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 22212126
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 435.04
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Laundry Features: Community, Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9100.00
  • Lot Size Acres: 0.2089

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 906 Square Feet
  • Average3 Bed Area: 1500 Square Feet
  • Electric Expense: 3000.00
  • Gross Income: 53796.00
  • Gross Scheduled Income: 53796.00
  • Insurance Expense: 5446.00
  • Lot Size Area: 9100.0000 Square Feet
  • Net Operating Income: 41750.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 12046.00
  • Rent Control: No
  • Total Actual Rent: 4483.00
  • Total Expenses: 12766.00

Tax Info

  • Tax Census Tract: 1100.14
  • Tax Lot: 227
  • Tax Tract Number: 740

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
12/20/2024 12/20/24 Sold $1,835,000 0.0% $435 / Sq Ft
12/20/2024 12/20/24 Sold $1,835,000 -3.4% $435 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/31/2024 10/31/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $1,899,000 0.0% $450 / Sq Ft
10/25/2024 10/25/24 For Sale $1,899,000 0.0% $450 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/29/2024 08/29/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $1,899,000 0.0% $450 / Sq Ft
08/19/2024 08/19/24 For Sale $1,899,000 -- $450 / 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: PV24167197

California Regional Multiple Listing Service (CRMLS)