10662 Oak Street
Los Alamitos, CA 90720
- – beds
- – baths
- – sqft
- 8,712 sqft lot
- 1978 build
- – on site
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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.
Listed By CRMLS_CA / Edgar Carroll / Sunrise Real Estate Group / 310-251-9999
Last checked:
Checking…
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Last updated Nov 15, 2024
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MLS# SB24130307 —
The Building
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Year Built:1978
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls, No One Above, No One Below
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Building Area Total:4988.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:5
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Stories Total:2
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:First floor
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Laundry:Individual Room, Inside
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Laundry:1
Location
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Directions:From Cerritos Blvd turn South onto Los Alamitos Blvd then turn right onto Sausalito Street and left on Oak St to property.
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:Front Yard
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Lot Size Area:8712.0000
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Lot Size Acres:0.2000
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Lot Size SqFt:8712.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:16
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Tax Census Tract:1101.08
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Tax Tract:441
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Tax Lot:5
The Listing
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Special Listing Conditions:Standard
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Parcel Number:24223105
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Other (OTHR)
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Subdivision:Royal Oak
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Senior Community:No
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Features:Curbs, Gutters, Sidewalks
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Pool:None
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Private Pool:No
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Spa Features:None
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Association:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:5.00
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Carport Spaces:5.00
Extra Units
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Number With Disposal:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/7/24
Aug 7, 2024
|
Sold | CRMLS_CA | $2,030,000 | 6.8% |
7/17/24
Jul 17, 2024
|
Pending | CRMLS_CA | $1,900,000 | |
7/12/24
Jul 12, 2024
|
Listed / Active | CRMLS_CA | $1,900,000 |