Spectacular investment opportunity! This incredible 9 unit asset is situated on a large open lot in the heart of everything thats great about Southern California! The asset is comprised of One, 3 bedroom x 2 bath One, 2 bedroom x 1 bath & Seven, 1 bedroom x 1 bath units. Each unit has its own garage (9 in total) with 6 additional onsite parking spaces. Onsite laundry generates an additional $125 per month with room to improve. Asset is well managed and beautifully maintained. Currently, rents are 10 to 15% below market in current condition. . Located in close proximity to Schools, Parks, Shopping, Coffee shops, Restaurants and world famous Disneyland!
Property Features
Bedrooms
Appliances
- Appliances: Gas Oven, Gas Cooktop, Water Heater
- Appliances YN: Yes
Other Rooms
- Kitchen, Laundry, Living Room
Bathrooms
Heating and Cooling
- Heating Features: Wall Furnace
- Heating: Yes
Interior Features
- Flooring: Carpet, Laminate, Tile
Exterior and Lot Features
- Fencing: Fence YN: Yes, Fencing: Block
- Road Frontage Type: City Street
- Road Surface Type: Paved
Land Info
- Lot Description: Front Yard, Greenbelt, Landscaped, Lawn, Level, Walkstreet
- Lot Size Acres: 0.33
- Lot Size Dimensions: 70 x 212
- Lot Size Source: Assessor
- Lot Size Square Feet: 14375
Garage and Parking
- Garage Spaces: 3
- Parking Features: Parking YN: Yes, Parking Features: Garage, On Site, Parking Space
- Parking Total: 16
Manufactured and Mobile Info
- Monthly Parking Fee: 5880
Home Features
Multi-Unit Info
- Number of Units: 9
- Bedrooms in Unit-1: 3
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Unit-1 Garage Spaces: 1
- Unit-2 Garage Spaces: 1
- Unit-3 Garage Spaces: 1
Rental Info
- Tenant Pays: Cable TV, Electricity, Gas
- Vacancy Allowance: 7067
Amenities and Community Features
- Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights, Suburban
Other Property Info
- Source Listing Status: Active
- County: Orange
- Cap Rate: 4.60
- Source Property Type: Residential Income
- Area: 79 - Anaheim West of Harbor
- Source Neighborhood: Other (OTHR)
- Number of Separate Electric Meters: 9
- Number of Separate Gas Meters: 9
- Number of Separate Water Meters: 9
- Parcel Number: 07962131
- Postal Code Plus 4: 6805
- Subdivision: Other (OTHR)
- Source System Name: C2C
Commercial Info
- Net Operating Income: 150659.00
Building and Construction
- Total Square Feet Living: 6988
- Year Built: 1976
- Building Features: 2
- Common Walls: 1 Common Wall
- Entry Level: 1
- Entry Location: 1
- Foundation Details: Slab
- Property Age: 48
- Property Attached: Yes
- Roof: Flat, Tile
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Apartment
- Year Built Source: Assessor
Utilities
- Sewer: Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source: Public
