Orange, Residential Income – 4111 Green Ave, Los Alamitos, CA 90720, USA -001-11-30T00:00:00-08:00
• ALL 2,3 and 4-BEDROOM RENOVATED UNITS • PRIDE OF OWNERSHIP • EXCELLENT LOS ALAMITOS LOCATION • GARAGES, LARGE DECKS, POOL, PATIOS • SPACIOUS UNITS – AVG. 1,143 SQ. FT. • 10.4% RENTAL UPSIDE BASED ON LEVELED RENTS
4111 Green Ave, Los Alamitos, CA 90720, USA
$8,795,000 USD
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Address4111 Green Avenue, Los Alamitos
Price$8,795,000
Year Built1967
Bedrooms Total0
Living Area22,862 ft2
Lot Size (Sq.Ft.)27,744
Listing IDPW17047771
StatusActive
Parcel Number22211131
ZoningCF
Special ConditionsStandard
Days on Market137

Detailed Description: • ALL 2,3 and 4-BEDROOM RENOVATED UNITS • PRIDE OF OWNERSHIP • EXCELLENT LOS ALAMITOS LOCATION • GARAGES, LARGE DECKS, POOL, PATIOS • SPACIOUS UNITS – AVG. 1,143 SQ. FT. • 10.4% RENTAL UPSIDE BASED ON LEVELED RENTS

Pool Private
Rent Control
Property Attached
Land Lease

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Address Information
Address4111 Green Avenue, Los Alamitos
Street SuffixAvenue
CityLos Alamitos
Location (MLS Area)699 – Not Defined
County Or ParishOrange
State or ProvinceCalifornia
Postal Code90720
Postal Code Plus43428
CountryUnited States
Financial Information
Price per Square Foot$384.70
Price per Lot Square Foot$317.01
Special ConditionsStandard
Total Expenses$173,269
Professional Management Expense$9,600
Operating Expense$173,269
Insurance Expense$6,609
Pool Expense$2,500
Water Sewer Expense$12,824
Trash Expense$12,823
Maintenance Expense$20,000
Operating Expense31.9%
Other Expense DescriptionMisc.
Other Expense$10,275
Gross Operating Income$527,001
Gross Income$543,300
Gross Scheduled Income$543,300
Net Operating Income$353,732
Vacancy Allowance$16,229
Laundry Income$305
Gross Multiplier16.19%
Gross Spendable Income$170,732
Other Income 1$180
Tax Year2017
Tax Lot3
New Taxes Expense$95,038
Full Descriptions
Parcel Number22211131
Detailed Description• ALL 2,3 and 4-BEDROOM RENOVATED UNITS • PRIDE OF OWNERSHIP • EXCELLENT LOS ALAMITOS LOCATION • GARAGES, LARGE DECKS, POOL, PATIOS • SPACIOUS UNITS – AVG. 1,143 SQ. FT. • 10.4% RENTAL UPSIDE BASED ON LEVELED RENTS
Lot Features16-20 Units / Acre
Community FeaturesSidewalks, Street Lighting
Water SourcePublic
Common Walls Description1
Pool FeaturesCommunity Pool
Property parameters
Year Built1967
Living Area (Sq.Ft.)22,862 ft2
Lot Size (Sq.Ft.)27,744
Lot Size SourceAssessor
Number of Buildings1
Number of Units Total20
ZoningCF
Parking Spaces20
Garage Spaces20
LevelsTwo
Water SourcePublic
Units Total20
Year Built SourceAssessor
Vacancy Allowance Rate3%
Number of Separate Electric Meters21
Number of Separate Gas Meters21
Number of Separate Water Meters1
Cap Rate (For Cash Payment Only)4
Listed withDoug Rodermund (Morgan Skenderian)