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
1,469Sqft
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
OC25199425
Home ConditionTear down
Features
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
09/04/25
Listing
$1,200,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (84 Listings)
Beds34
44%
Baths22
50%
Square foot1,4692,030
11%
Lot Size9,3607,700
96%
Price$1.2M$1.57M
12%
Price per square foot$817$776
61%
Built year19571959
22%
HOA
Days on market62152
8%
Condition Rating
Tear down

Built in 1957, this property is 67 years old. The MLS description explicitly markets it as an 'Investor/Developer Opportunity' and 'ideally suited for redevelopment,' emphasizing the R-3 zoning and the value of the land for multi-unit construction. The description also states, 'The property may be unsafe or very uncomfortable to live in its current state.' Images reveal an extremely dated interior, including a kitchen with original-looking cabinets and appliances, and bathrooms with very old fixtures and finishes, indicating no major renovations have occurred in decades. The overall condition suggests the structure's value is minimal, and its highest and best use is for demolition and redevelopment, aligning with the 'tear-down' criteria where value is based solely on the land.
Pros & Cons

Pros

R-3 Multi-Family Zoning: The property's R-3 zoning designation permits the development of multiple residential units (townhomes, duplexes, triplexes), offering significant density and return maximization potential in a high-demand area.
Dual Access & Alley: Rare dual access via Howard Avenue and a rear alley is a major asset, enabling more efficient site planning, private garages, and enhanced unit privacy, which can support higher market rents and greater resale value.
Prime Los Alamitos Location: Situated in a high-demand, supply-constrained submarket with limited land availability, making this infill lot particularly valuable for redevelopment.
Strong Community Fundamentals: Los Alamitos is recognized for its top-rated schools, strong property values, and stability, attracting quality tenants and long-term homeowners, which underpins future development success.
Excellent Connectivity & Amenities: Proximity to Seal Beach, major job centers, shopping, dining, recreation (El Dorado Park, Los Alamitos Race Course), and easy access to major freeways (405, 605, 22) enhances its appeal to future residents.

Cons

Existing Structure Condition/Demolition Cost: The presence of a 1957 single-family home implies it will likely need to be demolished for multi-unit redevelopment, adding significant upfront cost and time to the project.
Development Subject to City Approval: The development of multiple residential units is subject to city approval, introducing potential delays, unforeseen requirements, and uncertainty in the project timeline and scope.
High Upfront Investment Required: As an investor/developer opportunity focused on redevelopment, this property requires substantial upfront capital for acquisition, demolition, permitting, and new construction, limiting the buyer pool.

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