4191 Farquhar AVE Open House Save Request In-Person Tour Request Virtual Tour
Los Alamitos,CA 90720
OPEN HOUSE
Sat Jan 18, 1:00pm - 4:00pm Sun Jan 19, 1:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24250785
Year Built 1977
Lot Size 9,361 Sqft
Property 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!
Location
State CA
County Orange
Area 52 - Los Alamitos
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area,Inside
Exterior
Parking Features Door-Single,Garage,Tandem,Uncovered
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Street Lights,Suburban,Sidewalks
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange,VA Loan
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange,VA Loan
Special Listing Condition Standard,Trust