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Sold

10662 Oak Street sold on August 7, 2024 for $2,030,000. The details are below for reference.

ApartmentSold · Aug 7, 2024

10662 Oak Street, Los Alamitos, CA 90720

  • 4,988 sq ft
  • Built 1978

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$2,030,000

MLS# SB24130307

Subdivision Royal Oak

The home

About 10662 Oak Street

This 5-unit offering is an opportunity to acquire a 1978 multi-family investment property in Los Alamitos. First time on the market since it was built. The property is located in a favorable neighborhood less than 5 miles from the beach. Close to major freeways, schools and the huge multi-recreational El Dorado Park. This property boasts four-2 bedroom, 1 1/2 bath townhomes and one 2 bedroom 1 bath townhome. All units have private balconies. Four units have inside washer and dryer hookups. One unit has a laundry area on the first floor in a separate room. The property also has 8 covered carport parking spots. In addition, there are 2 more uncovered parking spaces. The original owner has maintained the property. PRO FORMA rents offer the investor a 63% rental upside. Currently this is the only multifamily investment property on the market in the city of Los Alamitos.

Property details for 10662 Oak Street

This apartment sits in the Royal Oak neighborhood of Los Alamitos in Orange County. It has 4,988 square feet of living space. The home was built in 1978. The MLS record lists the assessor parcel number as 242-231-05.

Specifications

Home Details

General Features

Property Type
Apartment
MLS Number
SB24130307
Year Built
1978
Lot Size (sq ft)
8,712
Lot Size (acres)
0.2
Levels
Two
Parking Spaces
5
View
Neighborhood
Parcel Number
24223105
On Market Date
2024-07-12
Listing Terms
Standard

Interior Features

Heating
Central
Cooling
None
Laundry
Inside, Laundry Room
Entry Level
1
Common Walls
Two Common Walls Or More, No One Above, No One Below

Exterior Features

Lot Features
Front Yard
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Units
5

Community Features

Subdivision
Royal Oak
Community Features
Curbs, Gutters, Sidewalks

The record

Property History for 10662 Oak Street

DateEventPriceNote
Aug 7, 2024 Sold $2,030,000
Jul 17, 2024 Status changed to Pending From Active
Jul 12, 2024 Listed for sale $1,900,000

No prior MLS sales on record for this home since 2012.

Next steps

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Listed by Edgar Carroll of Sunrise Real Estate Group

Listing information updated Dec 4, 2024 at 7:28 PM PT. Source: CRMLS.

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