House Hunt: Want to Be a Landlord?

This week in Los Alamitos we have an income property suitable for investors, but it also provides a good-sized home up front with three back units producing rental income for those looking for a way to subsidize mortgage payments.

The three Rossmoor home listings represent distinct price ranges, low, medium and upper end,  and the Seal Beach offering gives close-to-the-beach remodel or rebuild choices.

Here's how the listing agents describe the properties:

4121 Farquhar Ave. offered by Pattie, Kelly & Wink of Keller Williams Realty

Want a new place to live that helps make the mortgage payments?  This could be the place for you!  Up front is a large, freestanding three bedroom & 1.5 bath home with inside laundry, central air and heating, gas burning fireplace, new carpet, new paint, upgraded kitchen, very large master bedroom and a private courtyard and a private entrance in front of the property.

Of the three additional rental units, two are town home style rentals with two bedrooms and 1.5 baths each. These units have new carpet, new paint, upgraded baths, upgraded kitchens, private patios, ceiling fans, and newer vertical blinds. The third unit is a two bedroom, one bath with a remodeled kitchen, air conditioning, new carpet, new paint, new vertical blinds with a private balcony built over the five garages. There is a community laundry for the back units, and a central hot water heater for the back units. Separate gas meters & separate electrical meters. All three back units are rented.  Offered at $1,189,000.

3182 Orlando Rd. offered by Bill Keye of Main Street Realtors. 

'A' Plus location on a quiet cul-de sac in the middle of Rossmoor. Ideal setting to take an original and make it your own with a remodel or rebuild. Original Farm House Model with a detached garage. Priced at $750,000.

12172 Chianti Drive offered by Steve Leitner, Jr. of First Team Real Estate

Remodeled home in Rossmoor located in the center of the tract. This home has a large gourmet kitchen with new appliances and tile floors. Also a nice size remodeled master bath with sunken tub. An open den that could be converted into a fourth bedroom. Entertainer’s backyard with newly remodeled pool and attached covered patio with built in bbq.  Priced at $999,000.

2952 Copa De Oro Drive offered by Marilyn Low of Maverick Properties and Investments

This custom home was built by Maverick Construction, the owner, and completed in 2007. Highest quality materials and commercial-grade Viking appliances, large center island in gourmet kitchen, custom cabinetry, granite counter tops, large eating area opens to fantastic family room with a large fireplace and travertine flooring. All this opens to a large patio with out door cooking and bar, grass area and saltwater pool. Formal dining and formal living room with fireplace. This five-bedroom home features large master suite with fireplace two walk-in closets and master bath with a large Jacuzzi tub and walk-in shower, double vanity. Spacious Jack & Jill bedrooms upstairs 2 walk-in closets. Two bedrooms downstairs, one opens to pool. Full bath with access to backyard, plush carpet, crown molding, wall and ceiling speakers, built-in desks, pre-wired throughout for internet, TV, etc. Home was designed for comfortable family living and executive entertaining. Priced at $1,749,000.

118 7th Street SLB  Sue La Bounty First Team Real Estate

Great location just steps away from the ocean. Original beach cottage with lots of charm or a wonderful opportunity to build your dream home or quintessential beach getaway. Priced at $749,000.

Happy hunting!