Welcome to 4191 Farquhar, a rare opportunity to purchase a well maintained quadplex, with 3 out of 4 units being delivered vacant. Take advantage of receiving fair market rents for all 4 units while enjoying the flexibility to select the majority of your tenants! Located in the award-winning Los Alamitos school district and in close proximity to restaurants and shops, properties within this area retain low vacancy rates, with most tenants being long term renters. The property has an ideal setup with the front house consisting of 3 beds and 1.5 baths and a triplex that is detached from the front house consisting of (3) 2 bed 2 bath units. Units 4195 and 4197, located upstairs, along with the front house (4191), will be delivered vacant. All units offer ample parking with each 2 bed, 2 bath unit coming with its own 1-car garage and tandem parking spaces. The 2 bed 2 bath units also include desirable features such as primary en-suite bedrooms, walk-in closets, private patios, spacious floor plans, and convenient on site laundry. The front unit has been upgraded with laminate flooring, kitchen quartz countertops, and upgraded cabinetry. Being located across the Joint Forces Training Base, there are no neighbors directly across from you, making street parking ample. Electricity and gas are individually metered, enabling tenants to pay their own utilities. With California state laws making it increasingly challenging to evict tenants paying below-market rents, take advantage of this unique opportunity and make 4191 Farquhar your next great investment property or better yet, home!
This charming triplex in the highly desirable city of Los Alamitos offers a unique investment opportunity with a well-maintained front house and two detached units in the back. The front house features 3 spacious bedrooms and 2 bathrooms, with a thoughtfully designed kitchen that offers a lovely view of the covered back porch—perfect for relaxing or entertaining. Beyond the porch, you'll find a detached garage/storage unit and a lush backyard with grassy areas for outdoor enjoyment. The two identical units at the rear of the property each offer 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants or extended family. Located in the esteemed Los Alamitos school district, this property is just moments away from local restaurants, shopping centers, and the Los Alamitos hospital, making it an ideal location for both convenience and comfort. Don’t miss out on this rare opportunity to own a versatile triplex in a sought-after area!
Courtesy: Marcus & Millichap
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.
