$3,915,000
$4,000,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
0.33 Acres Lot
SOLD DATE : 02/14/2022
Key Details
Sold Price $3,915,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS21243899
Sold Date 02/14/22
Bedrooms 7
HOA Y/N No
Lot Size 0.327 Acres
Property Description
We are pleased to offer this trophy 8-unit multifamily investment opportunity located at 10761 Chestnut Ave. in Los Alamitos. This approximately 8996 square foot property has a great unit mix with mostly town home apartments built in the late 1980s. The property has had one owner since it's construction who has operated and maintained the building with great care and pride of ownership. This beautiful Mediterranean inspired building has a gorgeous courtyard and offers amenities including patios, balconies, garages, onsite parking, fireplaces, an onsite laundry room, wall AC and heat units, and a central hot water heater. The apartments are separately metered for gas and electricity. A few of the apartments have been tastefully and selectively upgraded during tenant turnovers including new granite countertops, new bathroom vanities, plank & tile flooring, new drought tolerant landscaping, and new cabinets. This is a gorgeous building with large apartments with close walking proximity to great shops, restaurants, and public transportation.
We are pleased to offer this trophy 8-unit multifamily investment opportunity located at 10761 Chestnut Ave. in Los Alamitos. This approximately 8996 square foot property has a great unit mix with mostly town home apartments built in the late 1980s. The property has had one owner since it's construction who has operated and maintained the building with great care and pride of ownership. This beautiful Mediterranean inspired building has a gorgeous courtyard and offers amenities including patios, balconies, garages, onsite parking, fireplaces, an onsite laundry room, wall AC and heat units, and a central hot water heater. The apartments are separately metered for gas and electricity. A few of the apartments have been tastefully and selectively upgraded during tenant turnovers including new granite countertops, new bathroom vanities, plank & tile flooring, new drought tolerant landscaping, and new cabinets. This is a gorgeous building with large apartments with close walking proximity to great shops, restaurants, and public transportation.
Location
State CA
County Orange
Area Oc - Los Alamitos (90720)
Zoning Public Rec
Interior
Cooling Wall/Window
Appliance Fireplace
Exterior
Exterior Feature Stucco
Roof Type Tile/Clay
Building
Lot Description Sidewalks
Story 2
Others
Acceptable Financing Conventional
Space Rent $1,888
Listing Terms Conventional
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Bought with Greg Bassirpou • Marcus & Millichap RE Invest