4301 Howard Avenue, Los Alamitos, California 90720, Los Alamitos, - bed, bath

home-pic
ACTIVE$1,200,000
4301 Howard Avenue, Los Alamitos, California 90720
3Beds
2Baths
1,550Sqft
9,360Lot
Year Built
1957
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25108000
Home ConditionTear down
Features
Patio
ViewNeighborhood

About this home

Investor/Developer Opportunity – 4301 Howard Ave, Los Alamitos An exceptional opportunity awaits at 4301 Howard Avenue in the high-demand city of Los Alamitos. This 9,360 square foot parcel, zoned R-3 (Multi-Family Residential), is ideally suited for redevelopment or a value-add investment strategy. With a single-family home currently on site and rare dual access via both Howard Avenue and a rear alley, the lot presents a prime scenario for maximizing density and returns. The R-3 zoning designation, as defined by the City of Los Alamitos, permits the development of multiple residential units, offering a path toward constructing townhomes, duplexes, triplexes, or additional income-generating dwellings (subject to city approval). The alley access is a major asset, enabling more efficient site planning, private garages, and enhanced unit privacy—features that can support higher market rents and greater resale value. Los Alamitos is a supply-constrained submarket with limited land availability, making infill lots like this particularly valuable. The community is widely recognized for its top-rated schools, strong property values, and stability—key factors that attract quality tenants and long-term homeowners alike. Located just five miles from Seal Beach and in close proximity to major job centers, shopping, dining, and recreation—including El Dorado Park and the Los Alamitos Race Course—this property sits at the intersection of livability and investment potential. Easy access to the 405, 605, and 22 freeways further enhances connectivity, drawing professionals and families who seek the balance of convenience and suburban quality of life. With infrastructure already in place and high local demand for new housing, 4301 Howard presents a rare chance to execute a high-yield development in a premier Orange County location.

Price History

Date
Event
Price
05/16/25
Listing
$1,200,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (84 Listings)
Beds34
44%
Baths22
50%
Square foot1,5502,030
13%
Lot Size9,3607,700
96%
Price$1.2M$1.57M
12%
Price per square foot$774$776
49%
Built year19571959
22%
HOA
Days on market172152
67%
Condition Rating
Tear down

Built in 1957, this property is 67 years old and shows no evidence of major renovations in decades. The kitchen features extremely dated light wood cabinets, old white appliances, and speckled countertops. The bathroom is similarly outdated with an old vanity, fixtures, and visible wear. Flooring consists of dated ceramic tile and un-refinished, worn hardwood. The overall condition of the existing single-family home is very poor, requiring extensive rehabilitation to meet modern living standards. The MLS description explicitly markets this as an 'Investor/Developer Opportunity' with R-3 zoning, emphasizing its suitability for 'redevelopment' and the potential to build 'multiple residential units.' This strongly indicates that the property's value lies almost entirely in the land and its development potential, rather than the existing structure, aligning perfectly with the 'tear-down' criteria.
Pros & Cons

Pros

R-3 Multi-Family Zoning: The property's R-3 zoning designation allows for significant density, enabling the development of multiple residential units like townhomes, duplexes, or triplexes, maximizing investment returns.
Strategic Dual Access: Rare dual access via both Howard Avenue and a rear alley provides superior site planning flexibility, potential for private garages, and enhanced unit privacy, crucial for multi-unit development.
Premier Los Alamitos Location: Situated in a high-demand, supply-constrained submarket known for top-rated schools, strong property values, and stability, attracting quality tenants and long-term homeowners.
Large Redevelopment Parcel: A substantial 9,360 square foot lot offers ample space for a high-yield redevelopment project, a valuable asset in an infill market.
Excellent Regional Connectivity: Proximity to major freeways (405, 605, 22) and key job centers, shopping, dining, and recreation enhances the appeal for future residents and supports higher market rents.

Cons

Demolition Required for Redevelopment: The presence of an existing 1957 single-family home necessitates demolition, adding significant upfront costs and project timelines for a developer.
Development Subject to City Approval: All proposed multi-unit development is contingent upon city approval, introducing potential delays, regulatory hurdles, and uncertainty in the project timeline and scope.
No Immediate Cash Flow Potential: While a single-family home exists, the property is positioned for redevelopment, meaning there's no immediate, significant rental income stream to offset holding costs during the planning and construction phases.

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