$3,915,000
$4,000,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
8,996 SqFt
SOLD DATE : 02/14/2022
Key Details
Sold Price $3,915,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,996 sqft
Price per Sqft $435
Subdivision Catalina (Catl)
MLS Listing ID RS21243899
Sold Date 02/14/22
HOA Y/N No
Year Built 1988
Lot Size 0.327 Acres
Acres 0.3271
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.
Location
State CA
County Orange
Area 52 - Los Alamitos
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Fireplace(s), Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area
Exterior
Garage Spaces 8.0
Garage Description 8.0
Fence Block, Good Condition
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Available, Water Available
View Y/N No
View None
Roof Type Tile
Total Parking Spaces 16
Private Pool No
Building
Lot Description Landscaped, Sprinkler System
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 24219218
Security Features Fire Sprinkler System
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Greg Bassirpou • Marcus & Millichap RE Invest
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner