Sold for $2,030,000

Listed by: Sunrise Real Estate Group • Edgar Carroll • Contact: 310-251-9999

Bought with: GoGo Realtors R.H. Corp

$2,030,000

10662 Oak St, Los Alamitos, CA 90720

10beds

9baths

4,988sqft

Multi Family

Built in 1978

-- sqft lot

$-- Zestimate^®

$407/sqft

$4,414 Estimated rent

Home value

Not available

Estimated sales range

Not available

$4,414/mo

Zestimate^® history

Owner options

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$4,414/mo

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$4,414/mo

Rent Zestimate^®

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$12,823/mo

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$12,823/mo

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 9

Heating

Central

Cooling

None

Appliances

Laundry: Inside, Laundry Room

Features

Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below

Interior area

Total structure area: 4,988
Total interior livable area: 4,988 sqft

Property

Parking

Total spaces: 5
Parking features: Carport
Carport spaces: 5

Features

Levels: Two
Stories: 2
Entry location: First floor
Pool features: None
Spa features: None
Has view: Yes
View description: Neighborhood

Lot

Size: 8,712 Square Feet
Features: Front Yard

Details

Parcel number: 24223105
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Gutter(s), Sidewalks
Subdivision: Royal Oak

Location

Region: Los Alamitos

Financial & listing details

Price per square foot: $407/sqft
Date on market: 7/12/2024
Cumulative days on market: 5 days
Listing terms: Cash,Conventional,1031 Exchange
Tenant pays: Cable TV, Electricity, Gas

Price history

Date	Event	Price
8/7/2024	Sold	$2,030,000+6.8%$407/sqft
Source: CRMLS #SB24130307 Report a problem
7/17/2024	Pending sale	$1,900,000$381/sqft
Source: CRMLS #SB24130307 Report a problem
7/12/2024	Listed for sale	$1,900,000$381/sqft
Source: CRMLS #SB24130307 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
1/25/2015	Listing removed	$1,600
Source: Owner Report a problem
1/23/2015	Listed for rent	$1,600
Source: Owner Report a problem