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4342 Green AVE Los Alamitos, CA 90720
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Key Details
Sold Price $7,700,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Los Alamitos
MLS Listing ID PW25057373
Year Built 1963
Lot Size 0.672 Acres
Property Sub-Type Apartment
Property Description
RARE INVESTMENT PROPERTY in a great location! This 21-unit Los Alamitos apartment complex offers (4) two-bedroom/two-bathroom, (8) one-bedroom/one-bathroom, and (9) two-bedroom/one-bathroom units below market value. The property is being sold fully leased, with a substantial 55% rental upside, in an area of Orange County with strong rental demand. The property features desirable amenities including a gated community pool, shared laundry room, and 31 garage spaces. Many recent improvements, including ALL interior & exterior electrical panels upgraded to meet the newest Insurance requirements. Convenient to the coastal amenities of Orange County; Los Angeles County; the Port of Long Beach; LAX, John Wayne & Long Beach Airports
Location
State CA
County Orange
Area 52 - Los Alamitos
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area, See Remarks
Exterior
Parking Features See Remarks
Garage Spaces 31.0
Garage Description 31.0
Pool Community, See Remarks
Community Features Sidewalks, Pool
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Grant Hahn • Morgan Skenderian