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4191 Farquhar Ave, Los Alamitos, CA, 90720

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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4191 Farquhar Ave, Los Alamitos$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDoor-Single, Garage, Tandem, Uncovered
Garage5 spaces
Year Built1977
HeatingForced Air
CoolingWall/Window Unit(s)
FireplaceNone
MLS #PW24250785
Lot Size0.21 Acres
StatusActive

About 4191 Farquhar Ave

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

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 2

Listing Office:

  • Office Name: T.N.G. Real Estate Consultants
  • Office Phone: (714) 987-3310
  • Listing Agent: Maxwell Thurman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Refrigerator, Dryer, Washer
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Door-Single, Garage, Tandem, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Turn on Farquhar ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $4,566
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Alamitos, CA.

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Los Alamitos, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$720

Avg. Days On Market

22

# of Sold Homes

9

4191 Farquhar Ave vs Los Alamitos

4 DAYS ON ROCKET

-18 Days

$2,200,000

+$705K More

KEY TAKEAWAY

This property is $705K more than the Median Sold Price in Los Alamitos, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24250785

Listing Office:

  • Office Name: T.N.G. Real Estate Consultants
  • Office Phone: (714) 987-3310
  • Listing Agent: Maxwell Thurman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 6:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,566$256,056
2020$4,539$253,431
2019$4,193$248,462
2018$4,194$243,591
2017$4,100$238,815

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-717148
8
/10

  • Los Alamitos Elementary School

  • 10862 Bloomfield St

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-717149
9
/10

  • Rossmoor Elementary School

  • 3272 Shakespeare Dr

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-717150
9
/10

  • Lee Elementary School

  • 11481 Foster Rd

  • 1.35 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,539. The majority of Los Alamitos, CA residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›Los Alamitos›90720›4191 Farquhar Ave

This home is located at 4191 Farquhar Ave in Los Alamitos, CA and zip code 90720 in the Apartment Row neighborhood. This home, which was built in 1977, sits on a 0.21 acre lot. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $2,200,000.

Over 2 listings were sold over their listed price in December 2024 in Los Alamitos, CA. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Los Alamitos, CA between November 2024 and December 2024 decreased by 25%. Listings spent 22 days on the market in December 2024, and had a median list price of $1,495,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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