Three-Unit Residential
4292 Howard, Los Alamitos, CA 90720
For Sale
New
$1,999,999
A two-story front home and two separate rear residences each include garage parking and private outdoor space.
Property Size3,750 SF
Price / SF$533.33
Days on Market4
Property Features for 4292 Howard
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Champions Real Estate
Listed By:
Jorge Sanchez · License CA #01068575
Source:
Altamirarealty
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Champions Real Estate
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Investment Insights
Based on property information with market context.
Built in 2023, this three-unit property combines a two-story front residence with two homes positioned behind it. The front home offers 1,950 square feet, three bedrooms, two bathrooms, a living room, dining area, an upstairs bonus room with fireplace, and a rooftop deck. It also has a two-car garage. Each rear residence contains 900 square feet, two bedrooms, one bathroom, an individual one-car garage, and a private grassy backyard.
The property is located in Los Alamitos, near local parks, shopping, dining, and everyday amenities.
The property is located in Los Alamitos, near local parks, shopping, dining, and everyday amenities.
Key Highlights
- Three residential units: a 1,950‑square‑foot front home and two 900‑square‑foot rear units
- Front residence has 3 bedrooms, 2 bathrooms, and an upstairs bonus room with fireplace
- Each rear unit offers 2 bedrooms, 1 bathroom, an individual one‑car garage, and private grassy backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,099
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,581,980
$1.6M
Cap Rate 7%
$1,129,986
$1.1M
Cap Rate 9%
$878,878
$878.9K
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$117.0K $31.20/SF
− Vacancy
−$4.0K −$1.07/SF
EGI
$113.0K $30.13/SF
− OpEx
−$33.9K −$9.04/SF
NOI
$79.1K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,581,980
Cap Rate 7%
$1,129,986
Cap Rate 9%
$878,878
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$988.7K – $1.32M
NOI $79,099 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$1.02M
$894.7K – $1.19M
NOI $71,577 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,169 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,574
Businesses Nearby
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Business Placement
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
$1,166,200
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Orange County, CA
Properties on Market for Triplexes in Orange County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A two-story front home and two separate rear residences each include garage parking and private outdoor space.
Where is this triplex located?
The property is located at 4292 Howard Los Alamitos, CA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Three residential units: a 1,950‑square‑foot front home and two 900‑square‑foot rear units; Front residence has 3 bedrooms, 2 bathrooms, and an upstairs bonus room with fireplace; Each rear unit offers 2 bedrooms, 1 bathroom, an individual one‑car garage, and private grassy backyard
