4191 Farquhar Avenue
Los Alamitos, CA 90720
0.21 acres | #PW24250785
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!
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$2,200,000
- MLS #PW24250785
- Property SubtypeQuadruplex
- MLS #PW24250785
- Cost2200000
- Acres0.2149
- Utility SourcePublic
- CountyOrange
- Year Built1977
- Stories2
- Parking Spaces5
- Subdivision.
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Maxwell Thurman (#PWTHURMAX)
Listing Office: T.N.G. Real Estate Consultants (#PB18025)
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