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3861 Green Avenue

Los Alamitos, CA 90720
  • $3,625,000
  • STATUS: Pending
  • ON SITE: 32 Days
  • ID#: PW22082505
Pending
UPDATED: 18 min ago
$3,625,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1988
County:

School Ratings & Info

Listing Agent(s): Jay Skenderian of Morgan Skenderian (949-251-8800)


Description

The Green Street Apartments are an attractive garden style 7-unit investment opportunity in the desirable City of Los Alamitos. The Green Street Apartments is a very well-maintained property, built in 1988 and has a very desirable unit mix consisting of (1) two bedroom/one bath two-story townhome units of932 sq.ft ., (1) two bedroom/two bath two-story townhome unit of 1,140 sq.ft ., (2) two bedroom/one bath units of 924 sq.ft ., and (3) three bedroom/two bath units ranging from 1,140 to 1,400 sq.ft . The Green Street Apartments has been owned in the same family for many years and is a unique investment opportunity due to its high-quality location and significant upside potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/127981625
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3861 Green Avenue Los Alamitos, CA 90720

  • Price: $3,625,000
  • Status: Pending
  • On Site: 32 Days
  • Updated: 18 min ago
  • ID#: PW22082505
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1988
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
The Green Street Apartments are an attractive garden style 7-unit investment opportunity in the desirable City of Los Alamitos. The Green Street Apartments is a very well-maintained property, built in 1988 and has a very desirable unit mix consisting of (1) two bedroom/one bath two-story townhome units of932 sq.ft ., (1) two bedroom/two bath two-story townhome unit of 1,140 sq.ft ., (2) two bedroom/one bath units of 924 sq.ft ., and (3) three bedroom/two bath units ranging from 1,140 to 1,400 sq.ft . The Green Street Apartments has been owned in the same family for many years and is a unique investment opportunity due to its high-quality location and significant upside potential.
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 7 Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Cap Rate 3.2 Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 60896 Gross Scheduled Income 192420 Insurance Expense 3951 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 115271 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 71376 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 5773 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Jay Skenderian of Morgan Skenderian (949-251-8800)