NOT LISTED FOR SALE
8 Beds
6 Baths
3,705 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: July 2, 2018

Last sale price $1,230,000 $332 Per Sq Ft

18 Days on Market

Highlights

  • No Units Above
  • Cooling System Mounted To A Wall/Window
  • Attached Carport
  • Property is near public transit
  • Laundry closet
  • Central Heating

About This Home

As of July 2018

Well located value-add opportunity of four units in the Meat Packing District of Downtown Anaheim. Constructed in 1979, this French Normandy architectural exterior can be an excellent starter investment or solid additional to a fourplex portfolio.

Each unit features individual washer and dryer hook-ups and a patio or balcony. There is (1) three-bedroom, two bath; (1) two-bedroom, two bath; (1) two-bedroom, one bath, and one spacious one-bedroom, one bath unit. Unit A is a large three-bedroom with wide wood-style plank flooring and forced air heating. Units B,C and D have panel ray heaters. Wall A/C units have been installed in all four units. The driveway and moter-court area has just been replaced and the slurry coat will be applied when cured; there are a total of eight covered parking spaces access from a rear alley.

There is an achievable rental attainable upside of approximately 14%. Thirty year fixed rate, non-owner financing is available for this property.
Drive by only. Submit, as sale is not contingent upon the owner locating or identifying an up-leg.

Last Agent to Sell the Property

Steven Brombal

Kidder Mathews of California, Inc License #00972129 Listed on: 04/30/2018

Last Buyer's Agent

Jenny Kang

C-21 Classic Estates License #00991069

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Level Lot

Home Design

  • Property Attached
  • Flat Roof Shape
  • Mansard Roof Shape
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,705 Sq Ft Home
  • 2-Story Property
  • Laundry closet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Attached Carport
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Wall Furnace

Additional Features

  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 037
  • Assessor Parcel Number 03716435

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $13,886
  • Operating Expense $25,610
  • Gross Income $5,595
  • Net Operating Income $39,516

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Property Type: Residential Income
  • Parcel Number: 03716435
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Levels: Two
  • Price Per Square Foot: 331.98

Exterior Features

  • Pool Private: No
  • Roof: Composition, Flat, Mansard
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Attached Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level, Near Public Transit
  • Lot Size Sq Ft: 6534.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5595.00
  • Gross Scheduled Income: 67140.00
  • Net Operating Income: 39516.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 25610.00
  • Rent Control: No
  • Total Actual Rent: 5995.00
  • Total Expenses: 25610.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 13886.00
  • Tax Census Tract: 873.00
  • Tax Lot: 037
  • Tax Tract Number: 0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
May 22, 2018
Sold by
Bought by
Seller's Agent
Steven Brombal
Kidder Mathews of California, Inc
Buyer's Agent
Jenny Kang
C-21 Classic Estates
List Price
$1,262,500
Sold Price
$1,230,000
Premium/Discount to List
-$32,500
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
0.0538%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0426%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,230,000 First American Title
-- Fidelity National Title
-- Fidelity National Title
$170,000 North American Title Co
$321,732 Chicago Title Co
-- Fidelity National Title Ins
$360,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $706,000
Closed $738,000
Closed $595,000
Closed $400,000
Closed $244,000
Closed $48,000
Closed $187,500
Closed $48,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $1,230,000 -2.6% $332 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $1,262,500 -- $341 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,858 $1,372,085 $1,121,726 $250,359
2024 $15,858 $1,345,182 $1,099,732 $245,450
2023 $15,526 $1,318,806 $1,078,168 $240,638
2022 $15,331 $1,292,948 $1,057,028 $235,920
2021 $15,360 $1,267,597 $1,036,302 $231,295
2020 $15,297 $1,254,600 $1,025,676 $228,924
2019 $14,839 $1,230,000 $1,005,564 $224,436
2018 $10,721 $867,000 $644,560 $222,440
2017 $4,815 $350,832 $82,118 $268,714
2016 $4,796 $343,953 $80,507 $263,446
2015 $4,749 $338,787 $79,298 $259,489
2014 $4,482 $332,151 $77,745 $254,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18099607

California Regional Multiple Listing Service (CRMLS)

APN: 037-164-35

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