10662 Oak Street, Los Alamitos, California 90720
- $1,900,000
- $1,900,000
Overview
- Apartment, Residential Income
- 4988 Sqft
- 1978
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
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Address: 10662 Oak Street
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State/county: CA
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Zip/Postal Code: 90720
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Country: US
Details
Updated on August 8, 2024 at 1:46 am-
Property ID SB24130307
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Price $1,900,000
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Property Size 4988 Sqft
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Land Area 0.2 Acres
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Year Built 1978
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional, 1031 Exchange
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Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling None
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Heating Central
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County Orange
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Property Type Residential Income
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Pool None
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Community Features Curbs, Gutter(s), Sidewalks
Mortgage Calculator
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Down Payment
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