MLS® ID: PW19202798
10800 Reagan Street
Los Alamitos, California, 90720 $1,850,000
GOOD NEWS INVESTORS!! This property just increased in value!!
Los Alamitos City Council approved this property, along with a few square blocks, to be "Work-to-Live" properties (see attached Supplements).
Very few properties qualify for this Special Re-Zoning (R2-LWOZ), and the first area available in Los Alamitos.
Now tenants can work from home, which means no rental vacancies!
Both units are now on 2 year leases. Instant income!
This little city has big plans. You need to be a part of it, while it's in the making.
A new Town Center is being proposed, and it will be within 5 or 6 blocks of this valuable property.
Just last year the 1021 sq. ft house next door (lot size 7125) sold for $630,500. That is $617 a sq. ft!!
That 1021 sq. ft house's Architectural plans were already drawn up for another 2 units, when it was purchased.
That buyer knows what is happening in this area.
These 2 attached brand new stunning homes are situated in the highly Distinguished Los Alamitos School District.
Los Alamitos High School, and the Middle School are within walking distance (so no vacancies to worry about).
Los Alamitos High School is 1 of 4, in all the U.S. on the College Board's AP Honor Roll list, 7 yrs in a row.
These units are amazing! Don't pass this opportunity up!
Also the Garages are conduit ready for Electric cars, and Solar.
Self-sustaining Eco friendly landscaping. Building is CAL Green compliant. Separate meters for each unit, including water.