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3912 Green Avenue, Los Alamitos, CA 90720$2,695,000

10
beds
5
baths
5164
ft2
· 9033
ft2 lot
$522 / ft2

Listing provided courtesy of Sean Riley, CB Richard Ellis, Inc.
Source CRMLS;
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Pride of ownership multifamily investment property located in one of the most desirable rental markets in Orange County. Los Alamitos is well located with close access to beach communities and has a highly rated school district. Unit mix is six 2 bedroom/1 bathroom units, the three units located on the second level have vaulted ceilings. Several of the units have been renovated with new countertops and flooring. Tenants have access to on-site laundry facilities. Owner recently replaced the roofing, installed new windows, repainted the exterior, and repaved the entire rear of the property surrounding the parking area. Each tenant has an assigned carport parking space.

HOA

$0/month

On market

2 months

Year built

1964

Property type

Multi-Family

Parking

10

MLS

21782626

Price / Sq.Ft.

$522 / ft2

Status

Active Under Contract

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Home details for 3912 Green Avenue

Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 5164.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Detached Carport, Uncovered
•   
Carport Spaces: 6.00
Building Info
•   
Zoning: R3
•   
Stories Total: 2
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.2074
•   
Lot Size Dimensions: 49x182
•   
Lot Size Area: 9033.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 6
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 138780.00
•   
Laundry Income: 150.00
•   
Total Expenses: 50777.00
•   
Gross Multiplier: 19.42
Tax/Assessment Info
•   
Gross Income: 138780.00
•   
Tax Year: 2020
•   
Taxes: 25309.8
Lease Info
•   
Net Operating Income: 84983.00
Listing Info
•   
Status: Active Under Contract
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1800.00
•   
Unit 3 Total Units: 2
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 3600.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1795.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1795.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1775.00
•   
Unit 1 Total Rent: 1775.00
Unit 4 Information
•   
Unit 4 Actual Rent: 2095.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 2095.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 2
Unit 5 Information
•   
Unit 5 Actual Rent: 2150.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 2150.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: Major Cross Streets: Katella Ave/Los Alamitos Blvd
Other
Calculation
•   
Dom: 34

Neighborhood snapshot

Flyhomes
California
Los Angeles County
Long Beach
Los Alamitos
35
Properties for sale
7
Median days on market
$596.64
Median sold price/sqft
102.00%
Sold/List %
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Property History for 3912 Green Avenue

10/12/2021
10/12/2021
CRMLS #21782626
active
CRMLS #21782626
$2,695,000
--3.58%
09/10/2021
09/10/2021
CRMLS #21782626
active
CRMLS #21782626
$2,795,000
+49.47%
12/06/2016
12/06/2016
Public Record
sold
Public Record
$1,870,000
+146.05%
08/30/2002
08/30/2002
Public Record
sold
Public Record
$760,000
+40.74%
05/02/1989
05/02/1989
Public Record
sold
Public Record
$540,000

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