$855,000
SOLD AUG 8, 2014
6 Beds
6 Baths
3,000 Sq Ft
7,064 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

5% Below List Price

36 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Wall Furnace
  • No HOA
  • Wrought Iron Fence

About This Home

As of April 2018

Attractive pride of ownership 6 unit, corner lot property, with 6 private enclosed garages, fenced property surrounded by mature Magnolia Trees on the street, freshly painted exterior, newer garage roof, some new plants, stable tenancy with some long term tenants, all units have been upgraded inside with rebuilt bathrooms, some new wall furnaces. Potential to raise rents. Small laundry room included. Additional streetside parking recently added by the City of Anaheim.

Last Agent to Sell the Property

David Buster

David Buster, Broker License #01860376 Listed on: 05/01/2014

Last Buyer's Agent

Cathie Dang

1000 Realty Corporation License #01498750

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,064 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Corner Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 48
  • Tax Tract Number 2723
  • Assessor Parcel Number 03522312

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $854
  • Gardener Expense $900
  • Insurance Expense $3,112
  • Maintenance Expense $8,836
  • Pest Control $350
  • Professional Management Expense $3,665
  • Water Sewer Expense $1,637
  • New Taxes Expense $10,839
  • Gross Income $5,445
  • Net Operating Income $29,890

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Other Phone Description: Call Phone
  • Other Phone Number: 714-235-7929
  • Professional Management Expense: 3665.00
  • Property Attached: No
  • Water Sewer Expenses: 1637.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 03522312
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 285.00

Exterior Features

  • Foundation: Slab
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Pest Control Expense: 350.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7064.00
  • Lot Size Acres: 0.1620

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 500
  • Electric Expense: 854.00
  • Gross Income: 5445.00
  • Gross Scheduled Income: 64320.00
  • Insurance Expense: 3112.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7064.0000 Square Feet
  • Maintenance Expense: 8836.00
  • Net Operating Income: 29890.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 30313.00
  • Other Income Description: Late Fees
  • Rent Control: No
  • Vacancy Allowance: 1930
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10839.00
  • Tax Lot: 48
  • Tax Tract Number: 2723
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $1,130,000 +5.1% $377 / Sq Ft
03/27/2018 03/27/18 For Sale $1,075,000 +25.7% $358 / Sq Ft
08/08/2014 08/08/14 Sold $855,000 -4.9% $285 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $899,500 -- $300 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14090882

California Regional Multiple Listing Service (CRMLS)