$1,115,000
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9,147 Sqft Lot
SOLD DATE : 10/30/2019
Key Details
Sold Price $1,115,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC19234954
Sold Date 10/30/19
HOA Y/N No
Year Built 1961
Lot Size 9,147 Sqft
Property Description
Excellent Investment Opportunity at a 4.7 CAP!! PLUS Huge potential upside cash cow with this Disneyland close 4 plex! All units have private patios and garage, street parking as well! Excellent tenants for years and seldom does a vacancy occur in this area. Low maintenance and Well maintained 4 - plex in the heart of Anaheim! Excellent mix of units all with 2 BR's and one with 1 bath and the other three are 2 BR's with 1.5 BA's. All new garage door and metal screens installed, nice community grass area and potential for washer/dryer income. There is a great opportunity to increase rents to market value and increase return on investment! Building is conveniently located very close to I-5 Freeway, 57 Freeway and 91 Freeways, minutes away from Disneyland, restaurants, job centers, retail, schools, Anaheim stadium, downtown, Honda Center and meat packing district. Separate utility meters on each unit! Current market rents are $70,200/year & CAP 4.7%, GRM 16.0, Great upside potential for double digit ROI!!
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Interior
Fireplace No
Laundry Common Area, See Remarks
Exterior
Parking Features Garage, Public, One Space, On Street
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Cul-De-Sac, Front Yard, Lawn, Landscaped, Rectangular Lot, Sprinkler System, Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 03618324
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Daniel Ho • Triumph Real Estate Solutions
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States