10662 Oak Street, Los Alamitos, California 90720
  • $1,900,000

Overview

Property ID: SB24130307
  • Apartment, Residential Income
  • Property Type
  • 4988 Sqft
  • Area Size
  • 1978
  • Year Built

Description

This 5-unit offering is an opportunity to acquire a 1978 multi-family investment property in Los Alamitos. First time on the market since it was built. The property is located in a favorable neighborhood less than 5 miles from the beach. Close to major freeways, schools and the huge multi-recreational El Dorado Park. This property boasts four-2 bedroom, 1 1/2 bath townhomes and one 2 bedroom 1 bath townhome. All units have private balconies. Four units have inside washer and dryer hookups. One unit has a laundry area on the first floor in a separate room. The property also has 8 covered carport parking spots. In addition, there are 2 more uncovered parking spaces. The original owner has maintained the property. PRO FORMA rents offer the investor a 63% rental upside. Currently this is the only multifamily investment property on the market in the city of Los Alamitos.

  • Address: 10662 Oak Street
  • State/county: CA
  • Zip/Postal Code: 90720
  • Country: US

Details

Updated on August 8, 2024 at 1:46 am
  • Property ID SB24130307
  • Price $1,900,000
  • Property Size 4988 Sqft
  • Land Area 0.2 Acres
  • Year Built 1978
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional, 1031 Exchange
  • Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling None
  • Heating Central
  • County Orange
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs, Gutter(s), Sidewalks

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