3712 Howard Ave - Apartments FOR SALE


Los Alamitos, CA 90720
$1,995,000 USD
626-664-9863
3712 Howard Ave, Los Alamitos, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/5
null | 4.19% Cap Rate

3712 Howard Ave
Los Alamitos, CA 90720


HIGHLIGHTS

  • Large 2 and 3 Bedroom Units
  • Ample Parking - 7 Garages
  • Great Location
  • ADU Potential

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$465 USD /SF

# OF UNITS

4

PRICE/UNIT

$498,750

CAP RATE

4.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Howard Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,904 SF

ZONING

R-3

APN/PARCEL ID

222-062-06

ASK ABOUT THIS PROPERTY

Chris PettitSkyline Commercial Real EstateMore Info
626-664-9863

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Chris PettitSkyline Commercial Real EstateMore Info
626-664-9863

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.