$3,200,000
Pending

4001 Farquhar Avenue

Los Alamitos, CA 90720
6708 sqft | 11 beds | 0.24 acres | #24453183
Listing OfficeCB Richard Ellis, Inc.
Browse 8 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

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.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Original List Price$3,200,000
      • MLS #24453183
      • MLS #24453183
      • Cost3200000
      • Acres0.2444
      • CountyOrange
      • Square Feet6708
      • Year Built1986
      • Bedrooms11
      • Stories2
      • Parking Spaces7

Location

Cristina Arneson-CabreraReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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