RARE INVESTMENT PROPERTY in a great location! This 21-unit Los Alamitos apartment complex offers (4) two-bedroom/two-bathroom, (8) one-bedroom/one-bathroom, and (9) two-bedroom/one-bathroom units below market value. The property is being sold fully leased, with a substantial 55% rental upside, in an area of Orange County with strong rental demand. The property features desirable amenities including a gated community pool, shared laundry room, and 31 garage spaces. Many recent improvements, including ALL interior & exterior electrical panels upgraded to meet the newest Insurance requirements. Convenient to the coastal amenities of Orange County; Los Angeles County; the Port of Long Beach; LAX, John Wayne & Long Beach Airports
Sold for $7,700,000 on 05/15/25
Listing Provided by:
Brian Gorman DRE #01156844 562-668-2390,
RE/MAX College Park Realty,
Brigitte Schroeder DRE #01705827,
MJC Realty
$7,700,000
4342 Green Ave, Los Alamitos, CA 90720
--beds
--baths
17,779sqft
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$433/sqft
$4,242 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 03:48pm
Listing Provided by:
Brian Gorman DRE #01156844 562-668-2390,
RE/MAX College Park Realty,
Brigitte Schroeder DRE #01705827,
MJC Realty
Bought with:
Grant Hahn, DRE #01197893
Morgan Skenderian
Source: CRMLS,MLS#: PW25057373
Originating MLS: California Regional MLS

Facts & features
Interior
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area, See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 17,779
- Total interior livable area: 17,779 sqft
Property
Parking
- Total spaces: 31
- Parking features: See Remarks
- Garage spaces: 31
Features
- Entry location: front
- Pool features: Community, See Remarks
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.67 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 22213109
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks, Pool
Location
- Region: Los Alamitos
- Subdivision: Los Alamitos
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange