4461 Farquhar Avenue
Los Alamitos, CA 90720
Property Overview
Property Facts
- Price $4,500,000
- Units 7
- Price Per Unit $642,857
- Building Size (SF) 7,230
- Current CAP Rate 5.10%
- Lot Size (AC) 0.22
- Current GIM 14.19
- Years Built 1960, 1967, & 2025
- APN 222-132-25
- Property Type Multifamily
The Offering
The Leeson Group of Marcus & Millichap is pleased to present the exceptional opportunity to acquire 4461 Farquhar Avenue, a fully renovated and newly expanded seven-unit multifamily community in the highly desirable city of Los Alamitos, California. The property combines new construction ADUs completed in 2025 with luxuriously renovated original units, offering an investor a turnkey, low-maintenance asset in one of Orange County’s strongest rental markets.
Originally built in 1960 and 1967 as three large units, the property was substantially transformed in 2025 with the addition of four accessory dwelling units, bringing the total to seven. The final configuration includes a mix of 3-bed/2-bath, 3-bed/2.5-bath townhomes, and 2-bed/1-bath units, appealing to families and long-term renters seeking spacious layouts and modern amenities.
The property is situated in one of Orange County’s most consistently sought-after rental markets, prized for its schools, employment base, and overall quality of life.
4461 Farquhar Avenue sits directly across from Joint Forces Training Base Los Alamitos, providing a steady base of local employment and daytime population. Residents are within walking distance of the well-known Katella Bakery, Deli, & Restaurant, and enjoy proximity to UCI Health – Los Alamitos, a major regional medical employer.
The community offers unrivaled access to Los Alamitos Unified School District, rated A+ by Niche and ranked among the Top 5 districts in Orange County. Additional nearby amenities include the Los Alamitos Race Course, Costco, and multiple major retail centers along Los Alamitos Boulevard.
