4461 Farquhar Ave - Apartments FOR SALE


Los Alamitos, CA 90720
$4,500,000 USD
714-713-9086
4461 Farquhar Ave, Los Alamitos, CA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/31
null | 5.13% Cap Rate

4461 Farquhar Ave
Los Alamitos, CA 90720


HIGHLIGHTS

  • Combination of 2025 new-construction ADUs and completely modernized original units
  • Comprehensive 2025 redevelopment including new duplex, new second-story ADU, and garage conversion
  • Major building system upgrades: updated plumbing (PEX + copper), new electrical panels, new water heaters, and new exterior lighting
  • High-end interiors with vinly flooring, quartz counters, stainless-steel appliances, shaker-style cabinets, tile backsplashes, & recessed lighting
  • Mini-split AC, in-unit laundry, dual-pane windows and Kwikset reprogrammable smart locks
  • Turnkey, low-maintenance asset in one of Orange County’s most desirable rental markets

OVERVIEW

The Leeson Group of Marcus & Millichap is pleased to present the exceptional opportunity to acquire 4461 Farquhar Avenue, a fully renovated and newly expanded seven-unit multifamily community in the highly desirable city of Los Alamitos, California. The property combines new construction ADUs completed in 2025 with luxuriously renovated original units, offering an investor a turnkey, low-maintenance asset in one of Orange County’s strongest rental markets. Originally built in 1960 and 1967 as three large units, the property was substantially transformed in 2025 with the addition of four accessory dwelling units, bringing the total to seven. The final configuration includes a mix of 3-bed/2-bath, 3-bed/2.5-bath townhomes, and 2-bed/1-bath units, appealing to families and long-term renters seeking spacious layouts and modern amenities. The property is situated in one of Orange County’s most consistently sought-after rental markets, prized for its schools, employment base, and overall quality of life. 4461 Farquhar Avenue sits directly across from Joint Forces Training Base Los Alamitos, providing a steady base of local employment and daytime population. Residents are within walking distance of the well-known Katella Bakery, Deli, & Restaurant, and enjoy proximity to UCI Health – Los Alamitos, a major regional medical employer. The community offers unrivaled access to Los Alamitos Unified School District, rated A+ by Niche and ranked among the Top 5 districts in Orange County. Additional nearby amenities include the Los Alamitos Race Course, Costco, and multiple major retail centers along Los Alamitos Boulevard. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$622 USD /SF

# OF UNITS

7

PRICE/UNIT

$642,857

CAP RATE

5.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

222-132-25

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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