Excellent pride of ownership 6 unit multifamily investment opportunity located in one of the most desirable rental markets in Orange County. Los Alamitos is well located with Cypress, Westminster, Seal Beach, and Rossmoor as its boarder cities. This property is in an award-winning school district near shops, restaurants, and Orange County and LA County beaches. Built in 1986, the Farquhar Avenue Apartments have an excellent unit mix consisting of (4) 2 bedroom/1.5 bathroom units (three with townhouse style floor plans), a 2 bedroom/1 bathroom unit, and a large 1 bedroom/1 bathroom unit. Electricity and gas are individually metered (owner gives a credit to one tenant for house portion of electricity), master metered for water. Ample parking with 7 garage spaces and 5 uncovered parking spaces. Each unit is heavily upgraded with custom cabinetry, granite countertops, crown molding, central heating, and individual water heaters. Tenants also have access to a shared laundry room with two washers and two dryers.
Excellent pride of ownership 3 unit multifamily investment property located in Los Alamitos on Walnut Street built in 2011. Los Alamitos is a very strong rental market with award winning schools as well as many shops, restaurants, and within close proximity to Orange and LA County beaches. The front apartment unit is a 4 bedroom/ 2.5 bathroom standalone house and the rear three story building has (2) 3 bedroom/2.5 bathroom units. All three units have tankless water heaters, washer and dryer hookups, custom cabinets, granite countertops, crown molding, and central air/heating. Each tenant has direct access to a private 2 car garage and the property has an additional 2 car garage that can be leased for additional income.
Back to Market -We are pleased to present a 4-unit multifamily property. Built in 1970, the subject property consists of 4,764 rentable square feet spread throughout an 8,909 square foot lot. The building consists of one 3-Bedroom / 2-Bathroom unit and three 2-Bedroom / 1.5-Bathroom units. It contains six garages and private surface spots providing ample onsite parking.
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.
