4302 Howard Avenue is a five-unit multifamily property in the heart of Los Alamitos, a tightly held submarket where quality product rarely trades. Built in 1998, the asset consists of 5,611 rentable square feet on a 0.22-acre lot. The unit mix suits the family-oriented Los Alamitos renter and features a blend of townhome and flat configurations: one 3BR/2.5BA townhome, two 2BR/1.5BA townhomes, one 3BR/2.5BA flat, and one 2BR/2BA flat. At 4.3 square miles with a population under 12,000, Los Alamitos has no meaningful path to new supply, supporting long-term rent growth and occupancy. Los Alamitos is one of the most desirable rental markets in northern Orange County, and the schools are the headline. Los Alamitos Unified ranks in the top 5% of California districts with a 98% graduation rate and an A+ Niche grade, while Los Alamitos High ranks in the top 10% statewide. That reputation anchors a tenant base of professionals, military families tied to the Joint Forces Training Base, and longer-tenured renters who stay for the lifestyle. Daily needs are covered at Old Ranch Town Center in adjacent Rossmoor (Sprouts, Target, Kohl’s, Ralph’s), with Trader Joe’s and Whole Foods a short drive south. Weekends mean El Dorado Park and Nature Center minutes west and Seal Beach 10 to 15 minutes down the road. The 605, 405, and 22 freeways are within a block, putting Long Beach, Downtown LA, Irvine, and John Wayne Airport in easy reach. For renters, it adds up to top-tier schools, a small-town feel, and the coast at the end of the workday.
AGENT: Tyler Leeson LISTING BROKERAGE: Marcus & Millichap RE Invest
Courtesy of Marcus & Millichap RE Invest. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 4302 Howard AV
Los Alamitos, CA
Property Details
Price:
$2,700,000
MLS #:
OC26109265
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
52losalamitos
Listed Date:
May 19, 2026
Total Sq Ft:
5,611
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1998
52 – Los Alamitos52losalamitos
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Schools
Interior
Laundry Features
GAS, WH
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW, SL, CRB, CW
Garage Spaces
6
Parking Spots
11
Parking Total
11
Financial
Gross Operating Income
$173,145
Maintenance Fee
$5,000
Net Operating Income
$121,378
Map
Community
- Address4302 Howard AV Los Alamitos CA
- SubdivisionOther (OTHR)
- CityLos Alamitos
- CountyOrange
- Zip Code90720
