Seller's Agent in 2020
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
2 in this area
53 Total Sales
1510 E Canfield Ln Anaheim, CA 92805
North Anaheim Neighborhood
13
Beds
10
Baths
18,335
Sq Ft
15,682
Sq Ft Lot
Highlights
- 0.36 Acre Lot
- No HOA
- Cooling System Mounted To A Wall/Window
- Granite Countertops
- Community Pool
- Laundry Room
About This Home
As of July 2020This beautifully renovated twenty-unit multifamily property is located near the Fullerton border and the Downtown area in Anaheim. The asset offers a nice mix of one and two-bedroom units and is located on a large lot with very nice curb appeal. The two-story building is well maintained and has beautifully landscaped grounds with flowers, plants and clean-cut grass. The complex is garden style with a pool located in the center for residents to enjoy. There is also garage and open lot parking available for tenants, which is a nice amenity in the densely populated city. A laundry facility on-site is provided for the residents as well. The Canfield Lane Apartment unit amenities comprise of air conditioning, spacious floor plans, and upgraded kitchens which include new granite counter tops, sinks, faucets, vinyl flooring, and new custom paint. Exterior renovations include new garage doors, windows, metal fencing, water heaters, and asphalt grounds. The complex also has a newly upgraded courtyard with a wooden patio and concrete work.
This property is located on the border of Fullerton in a good Anaheim location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-91 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well maintained apartment community in a premier location within the city.
Last Agent to Sell the Property
Mark Bridge, Broker License #01316702 Listed on: 01/29/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970 | Remodeled
Lot Details
- 0.36 Acre Lot
- 1 Common Wall
- Fenced
- New Fence
- Density is 16-20 Units/Acre
Parking
- 20 Car Garage
- 10 Open Parking Spaces
- Parking Available
Home Design
- Property Attached
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 18,335 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Screens
- Storage
- Vinyl Flooring
- Granite Countertops
Bedrooms and Bathrooms
- 13 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 10
- Tax Tract Number 5269
- Assessor Parcel Number 07356347
Community Details
Overview
- No Home Owners Association
- 20 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 20 Leased Units
- 21 Separate Electric Meters
- 21 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,562
- Fuel Expense $3,600
- Gardener Expense $1,200
- Insurance Expense $5,500
- Maintenance Expense $10,000
- Pest Control $1,200
- Pool Expense $2,400
- Professional Management Expense $28,111
- Water Sewer Expense $7,673
- New Taxes Expense $61,044
- Operating Expense $128,094
- Gross Income $405,300
- Net Operating Income $269,247
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | $5,400,000 | -2.7% | $295 / Sq Ft |
| 05/16/2020 05/16/20 | Price Changed | $5,550,000 | -2.6% | $303 / Sq Ft |
| 02/28/2020 02/28/20 | Price Changed | $5,700,000 | -2.6% | $311 / Sq Ft |
| 01/29/2020 01/29/20 | For Sale | $5,850,000 | -- | $319 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 | $41,023 | $3,539,553 | $2,807,549 | $732,004 |
| 2024 | $41,023 | $3,250,000 | $2,575,000 | $675,000 |
| 2023 | $39,177 | $3,100,000 | $2,425,000 | $675,000 |
| 2022 | $41,919 | $3,335,400 | $2,645,615 | $689,785 |
| 2021 | $41,963 | $3,270,000 | $2,593,740 | $676,260 |
| 2020 | $38,440 | $2,944,332 | $2,268,072 | $676,260 |
| 2019 | $37,365 | $2,886,600 | $2,223,600 | $663,000 |
| 2018 | $27,485 | $2,018,243 | $1,548,893 | $469,350 |
| 2017 | $26,483 | $1,978,670 | $1,518,522 | $460,148 |
| 2016 | $26,381 | $1,939,873 | $1,488,747 | $451,126 |
| 2015 | $26,456 | $1,939,873 | $1,488,747 | $451,126 |
| 2014 | $24,943 | $1,901,874 | $1,459,584 | $442,290 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Bridge
-
Amy Wang
Buyer's Agent in 2020
Amy Wang
High Ten Partners, Inc.
(626) 462-5612
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20020254
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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