Bought with Greg Bassirpou • Marcus & Millichap RE Invest
$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 Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 8,996 sqft
Price per Sqft $435
MLS Listing ID CRRS21243899
Sold Date 02/14/22
HOA Y/N No
Year Built 1988
Lot Size 0.327 Acres
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Heating Wall Furnace, Other
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other
Exterior
View None
Building
Lot Description Other
Water Public
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