Bought with Grant Hahn • Morgan Skenderian
$7,700,000
$7,950,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
4342 Green Avenue Los Alamitos, CA 90720
17,779 SqFt
Key Details
Sold Price $7,700,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 17,779 sqft
Price per Sqft $433
MLS Listing ID CRPW25057373
Sold Date 05/15/25
HOA Y/N No
Year Built 1963
Lot Size 0.672 Acres
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Community Facility, See Remarks
Exterior
View None
Building
Water Public
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