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4461 Farquhar Ave
Los Alamitos, CA 90720 Los Alamitos

$4,500,000 USD

Apartments For Sale  •  7,230 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,230 SF
  • Lot Size 0.22 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.10 %
0 Transit Score
65 Walk Score

Highlights

Combination of 2025 new-construction ADUs and completely modernized original units
Comprehensive 2025 redevelopment including new duplex, new second-story ADU, and garage conversion
Major building system upgrades: updated plumbing (PEX + copper), new electrical panels, new water heaters, and new exterior lighting
High-end interiors with vinly flooring, quartz counters, stainless-steel appliances, shaker-style cabinets, tile backsplashes, & recessed lighting
Mini-split AC, in-unit laundry, dual-pane windows and Kwikset reprogrammable smart locks
Turnkey, low-maintenance asset in one of Orange County’s most desirable rental markets

Financial Summary (Actual)

Net Operating Income: $229,571 USD (2025)
Cap Rate: 5.10 %
Total Expenses: $78,261 USD

Amenities

  • Air Conditioning
  • Fenced Lot
  • Washer/Dryer
  • Gated
  • Stainless Steel Appliances
  • Double Pane Windows
  • Vinyl Flooring
  • Quartz Countertops

Public Transportation

Commuter RailDriveWalkDistance
Buena Park (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 9.5 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 13 min - 7.9 mi
John Wayne/Orange County 23 min - 16.6 mi
Los Angeles International 37 min - 26.7 mi
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap