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Listed by Brian Gorman • RE/MAX College Park Realty
$ 7,950,000
Est. payment | /mo
0.67 Acres Lot
$ 7,950,000
Est. payment | /mo
0.67 Acres Lot
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPW25057373
Year Built 1963
Lot Size 0.672 Acres
Source California Regional MLS
Property Description
RARE INVESTMENT PROPERTY in a great location! This 21-unit Los Alamitos apartment complex offers (4) two-bedroom/two-bathroom, (8) one-bedroom/one-bathroom, and (9) two-bedroom/one-bathroom units below market value. The property is being sold fully leased, with a substantial 55% rental upside, in an area of Orange County with strong rental demand. The property features desirable amenities including a gated community pool, shared laundry room, and 31 garage spaces. Many recent improvements, including ALL interior & exterior electrical panels upgraded to meet the newest Insurance requirements. Convenient to the coastal amenities of Orange County; Los Angeles County; the Port of Long Beach; LAX, John Wayne & Long Beach Airports
Location
State CA
County Orange
Area 52 - Los Alamitos
Interior
Cooling Window / Wall Unit
Laundry Washer/Dryer - Owned, Community Facility
Exterior
Parking Features Other
Garage Spaces 31.0
Pool 31, Other, Community Facility
View None
Building
Water District - Public
Others
Tax ID 22213109
Special Listing Condition Not Applicable
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