6 Unit Apartment in Los Alamitos, Ca

Orange County

3622 Howard Avenue, Los Alamitos, CA 90720

Property Description

3622 Howard Ave is a rare opportunity to acquire a 6 Unit apartment building in the city of Los Alamitos, Ca in one of the best school districts and high demand rental neighborhoods in Orange County.

This two-story townhouse style property was built in 1976 and totals 6,308 SF in size with a large unit mix including (1) 3bd/2bth unit in the front, (4) 2bd/1.5bth units, and (1) 1bd/1bth unit above the garage; with private patios, laundry facilities onsite, individual garage spaces for each unit, and rear alley access for additional parking and space.

All of the tenants are month to month with one unit being delivered vacant at close of escrow to allow a new owner to update the unit and capture top rents within the Los Alamitos School District. The entire lot size is 8,910sf with a detached garage structure & laundry room that can be a possible ADU conversion in the future.

Features and Highlights

  • 1st Time on Market in Almost 30 Years!
  • Month to Month Tenancy with One Unit Delivered Vacant.
  • Below Market Rents w/ Huge Upside!
  • Prime OC Location in Los Alamitos near Rossmoor, Seal Beach, Cypress, CSULB, Old Ranch Country Club, Cottonwood Church, & near 405, 22, and 605 Freeway. Walking distance to Los Alamitos Blvd near local retailers, restaurants, & medical offices.

Property Details

  • Price:Call for Details
  • APN:222-093-03
  • Units:6
  • Occupancy:83%
  • Building Size:6,308 SF
  • Lot Size:8,910 SF
  • Year Built:1976

Listing Agent: Brian Noh, CCIM DRE: 01438115

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