Opportunity to purchase a well-maintained fourplex in a highly desirable Los Alamitos location. This building has had numerous Cap Ex and Systems upgrades, providing a new owner the ability to step right into a smoothly operating building. There is also upside via ADU's in the rear. The building is comprised of large units, including three 2 bed/2 bath units and one 3 bed/3 bath unit, making them always easy to rent. Rents have room to be increased further, especially with continued interior modernizations.
Rare Los Alamitos Triplex with Strong Unit Mix, Extensive Upgrades, and ADU Upside! Great opportunity to own a well-maintained triplex in a prime Los Alamitos location. Property includes a 3-bedroom, 1.5-bath front house with 2-car garage and private laundry, plus two detached 2-bedroom, 1-bath rear units, each with a 1-car garage and shared laundry. Recent improvements make this a standout turnkey investment. The front house has been updated with a new HVAC system, attic insulation, interior doors, lighting, ceiling fans, bath vanities with quartz tops, dishwasher, shower enclosure, and rear sprinkler system (2025). Prior updates include kitchen cooktop and microwave, front sprinkler system (2022), bathtub and new water main from alley (2021), and full repipe (2019). The rear duplex has also been significantly improved with a new roof over the units and garages (2024), repipe for both units (2024), mini-split HVAC systems (2022), updated kitchen cabinets and quartz counters in Unit 4415, updated bath cabinet/sink in Unit 4413, plus new washer and dryer for the rear units. Unit 4413 also features a new gas oven and the former wall heater area has been finished with drywall and paint for added usable space and improved appearance. All tenants are currently month-to-month, creating flexibility and future upside. Excellent option for investors or owner-users looking for a quality income property with potential to explore additional units under current ADU laws.
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.
