Rarely does a four-unit building come up for sale in the sough-after Los Alamitos market. 4412 Green offers the perfect blend of immediate stability and upside potential. This building is comprised of one 3-bedroom unit and three 2-bedroom units, all fully occupied with long-time tenants, offering a steady income stream from day one. A savvy investor can capitalize on the rental upside and buildings amenities to further improve performance. The common area features a coinless laundry room which minimizes headaches in collecting coins. This building includes 7 covered garage spaces in the back parking area, along with 2 uncovered parking spaces near the alley. The location is unbeatable for those looking for an asset in a sought-after community. Immediately across the alley behind the building is a recently renovated city park. Additionally, this property is close to many local attractions and employers. Whether you are a seasoned investor or an owner-occupant looking to break into the Los Alamitos market, this property is a generational asset in a high-barrier-to-entry market.
4461 Farquhar Avenue is a fully renovated and newly expanded seven-unit multifamily community in the highly desirable city of Los Alamitos, California. The property combines new construction ADUs completed in 2025 with luxuriously renovated original units, offering an investor a turnkey, low-maintenance asset in one of Orange County’s strongest rental markets. Originally built in 1960 and 1967 as three large units, the property was substantially transformed in 2025 with the addition of four accessory dwelling units, bringing the total to seven. The final configuration includes a mix of 3-bed/2-bath, 3-bed/2.5-bath townhomes, and 2-bed/1-bath units, appealing to families and long-term renters seeking spacious layouts and modern amenities. The property is situated in one of Orange County’s most consistently sought-after rental markets, prized for its schools, employment base, and overall quality of life. 4461 Farquhar Avenue sits directly across from Joint Forces Training Base Los Alamitos, providing a steady base of local employment and daytime population. Residents are within walking distance of the well-known Katella Bakery, Deli, & Restaurant, and enjoy proximity to UCI Health – Los Alamitos, a major regional medical employer. The community offers unrivaled access to Los Alamitos Unified School District, rated A+ by Niche and ranked among the Top 5 districts in Orange County. Additional nearby amenities include the Los Alamitos Race Course, Costco, and multiple major retail centers along Los Alamitos Boulevard.
Los Alamitos is located in California. Los Alamitos, California has a population of 11,780. Los Alamitos is less family-centric than the surrounding county with 31.04% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Los Alamitos, California is $91,051. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Los Alamitos is 38.8 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 13.4 inches per year, with 0 inches of snow per year.
