Sold

Closed

10662 Oak Street

Los Alamitos CA, 90720

$2,030,000


$406.98 per sqft

Sold

Closed

4,988 sqft

Condo

Built in 1978

Listed by Edgar Carroll with Sunrise Real Estate Group 310-251-9999

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.

SB24130307

MLS ID

July 12, 2024

Listed

August 30, 2024

Updated

Map

10662 Oak Street
Los Alamitos CA, 90720

Interior Features

Total Stories

2


Laundry Description

Inside, Laundry Room


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Front Yard


Sewer

Public Sewer

Other Property Details

Area Name

52 - Los Alamitos


Days on Market

5


Garage

No


Parking Total

5


View

Yes


View Description

Neighborhood


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

8/8/2024

Sold

$2,030,000

7/17/2024

Pending

Listing Contact: 310-251-9999 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 8:07 PM UTC

 

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