4191 Farquhar Avenue, Los Alamitos, CA 90720
  • MLS#: PW24250785 ( Quadruplex )
  • Street Address: 4191 Farquhar Avenue
  • Viewed: 3
  • Price: $2,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 0
  • Days On Market: 32
  • Additional Information
  • County: ORANGE
  • City: Los Alamitos
  • Zipcode: 90720
  • Subdivision: Other (othr)
  • Provided by: T.N.G. Real Estate Consultants
  • Contact: Maxwell Maxwell
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Welcome to 4191 Farquhar, a rare opportunity to purchase a well maintained quadplex, with 3 out of 4 units being delivered vacant. Take advantage of receiving fair market rents for all 4 units while enjoying the flexibility to select the majority of your tenants! Located in the award winning Los Alamitos school district and in close proximity to restaurants and shops, properties within this area retain low vacancy rates, with most tenants being long term renters. The property has an ideal setup with the front house consisting of 3 beds and 1.5 baths and a triplex that is detached from the front house consisting of (3) 2 bed 2 bath units. Units 4195 and 4197, located upstairs, along with the front house (4191), will be delivered vacant. All units offer ample parking with each 2 bed, 2 bath unit coming with its own 1 car garage and tandem parking spaces. The 2 bed 2 bath units also include desirable features such as primary en suite bedrooms, walk in closets, private patios, spacious floor plans, and convenient on site laundry. The front unit has been upgraded with laminate flooring, kitchen quartz countertops, and upgraded cabinetry. Being located across the Joint Forces Training Base, there are no neighbors directly across from you, making street parking ample. Electricity and gas are individually metered, enabling tenants to pay their own utilities. With California state laws making it increasingly challenging to evict tenants paying below market rents, take advantage of this unique opportunity and make 4191 Farquhar your next great investment property or better yet, home!
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Features
Appliances
  1. Dishwasher
  2. Gas Cooktop
  3. Refrigerator
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 3596.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 16
Direction Faces
  1. South
Electric Expense
  1. 0.00
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 5.00
Gardner Expense
  1. 1800.00
Heating
  1. Forced Air
Insurance Expense
  1. 5500.00
Laundry Features
  1. Community
  2. Dryer Included
  3. Inside
  4. Washer Included
Levels
  1. Two
Lockboxtype
  1. Combo
  2. Supra
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 82950.00
Newtaxesexpense
  1. 27000.00
Parcel Number
  1. 22205231
Parking Features
  1. Garage
  2. Garage - Single Door
  3. Tandem Uncovered
Pool Features
  1. None
Postalcodeplus4
  1. 3761
Professionalmanagementexpense
  1. 6750.00
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 428818324:CRM
Spa Features
  1. Above Ground
Totalexpenses
  1. 48050.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 8.00
Vacancyallowance
  1. 4000
Water Sewer Expense
  1. 4800.00
Water Source
  1. Public
Year Built
  1. 1977
Year Built Source
  1. Public Records