$2,030,000
$1,900,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
10662 Oak ST Los Alamitos, CA 90720
4,988 SqFt
Key Details
Sold Price $2,030,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,988 sqft
Price per Sqft $406
Subdivision ,Royal Oak
MLS Listing ID SB24130307
Sold Date 08/07/24
HOA Y/N No
Year Built 1978
Lot Size 8,712 Sqft
Acres 0.2
Property Description
This 5-unit offering is an opportunity to acquire a 1978 multi-family investment property in Los Alamitos. First time on the market since it was built. The property is located in a favorable neighborhood less than 5 miles from the beach. Close to major freeways, schools and the huge multi-recreational El Dorado Park. This property boasts four-2 bedroom, 1 1/2 bath townhomes and one 2 bedroom 1 bath townhome. All units have private balconies. Four units have inside washer and dryer hookups. One unit has a laundry area on the first floor in a separate room. The property also has 8 covered carport parking spots. In addition, there are 2 more uncovered parking spaces. The original owner has maintained the property. PRO FORMA rents offer the investor a 63% rental upside. Currently this is the only multifamily investment property on the market in the city of Los Alamitos.
Location
State CA
County Orange
Area 52 - Los Alamitos
Rooms
Ensuite Laundry Inside, Laundry Room
Interior
Laundry Location Inside,Laundry Room
Heating Central
Cooling None
Fireplace No
Laundry Inside, Laundry Room
Exterior
Carport Spaces 5
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Total Parking Spaces 5
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 24223105
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Ryan Zhou • GoGo Realtors R.H. Corp