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Remodeled Residential Income Property

3564 Thor Avenue, Los Alamitos, CA 90720

For Sale
Contact for pricing

Los Alamitos, CA

Property Size1,400 SF
Lot Size0.17 Acres
Price / SF$3.32
Days on Market19

Property Features for 3564 Thor Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Laundry Room, Bedroom 3
Parking 1
Parking features Garage, Driveway, Open
Pets allowed Call
Interior features Recessed Lighting, Stone Counters
Fireplace 1
Appliances Disposal, Microwave, Refrigerator, Free-Standing Range, High Efficiency Water Heater, Dishwasher
Subdivision Other (OTHR)
Lot features Sprinklers In Front, Front Yard, Back Yard, Sprinklers In Rear, Yard
High school Los Alamitos
Elementary school district Los Alamitos Unified
Middle school district Los Alamitos Unified
High school district Los Alamitos Unified
Directions Los Alamitos Blvd & Harrisburg
Standard status Active
Size 1,400 SF
Lot size 0.17 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

fireplace
private fenced backyard
recessed lighting
wood-look tile flooring
indoor washer and dryer hookups
shared garage
EV charger

Building Details

Year built 2026
Floors in Building 1
Number of units 2
Flooring type Laminate, Tile
Roof type Composition
Listing Agency: College Park Realty · RE/MAX International
Listed By: Brian Gorman · License CA #01156844
Added: Oct 23 Changed: Nov 10 Last Checked: Nov 10 at 11:06PM
MLS# PW26229870

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This remodeled 1,400-square-foot downstairs residence has four bedrooms and three bathrooms, including two bedroom suites. The kitchen faces the front of the property and connects to the living room, where a fireplace opens onto a private fenced backyard. Other features include walk-in closets, recessed lighting, wood-look tile flooring, stone counters, and indoor washer and dryer hookups. The home has not been occupied since the remodel.

A shared garage includes an EV charger, and the property has a separately metered unit. The residence is in the Los Alamitos School District, on a 0.1653-acre lot in Los Alamitos.

Key Highlights

  • 1,400‑square‑foot residence with 4 bedrooms and 3 bathrooms
  • Two bedroom suites, each with its own bathroom
  • Private fenced backyard accessed from the living room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,722
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,440 $534.4K
Cap Rate 7%
$381,743 $381.7K
Cap Rate 9%
$296,911 $296.9K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$50.4K $36.00/SF
− Vacancy
−$1.8K −$1.30/SF
EGI
$48.6K $34.70/SF
− OpEx
−$21.9K −$15.62/SF
NOI
$26.7K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,440
Cap Rate 7%
$381,743
Cap Rate 9%
$296,911

Alternative Uses

Best Use
Apartment 5plus
$381.7K
$334.0K – $445.4K (±1% cap)
NOI $26,722 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.2K
$411.5K – $548.6K (±1% cap)
NOI $32,916 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,638
Businesses Nearby

Demographics for 90720, CA

22,955
Population
8,675
Households
2.6
Avg Household Size
43
Median Age
52%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$134,232
Median Household Income
$63,406
Median Earnings
$2,370
Median Rent
$1,166,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Residential income properties in Orange County, CA

$432 Jul
$493 Aug
$621 Sep
$700 Oct

Properties on Market for Residential income properties in Orange County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The downstairs home offers two bedroom suites, a fenced private yard, and a separately metered unit.
Where is this residential income property located?
The property is located at 3564 Thor Avenue Los Alamitos, CA.
What are key features of this property?
This property features: 1,400‑square‑foot residence with 4 bedrooms and 3 bathrooms; Two bedroom suites, each with its own bathroom; Private fenced backyard accessed from the living room
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