NOT LISTED FOR SALE
6 Beds
3 Baths
2,400 Sq Ft
7,405 Sq Ft Lot

Last Sold November 20, 2019

Last sale price $800,000 $333 Per Sq Ft

4 Days on Market

Highlights

  • No HOA
  • Landscaped
  • Level Lot
  • Laundry Room
  • West Facing Home
  • 4-minute walk to Edison Park

About This Home

As of November 2019

Lowest Price around for this desirable single story triplex located in a strong rental neighborhood in North Anaheim. Three 2 bedroom/1 bathroom units with a small front yard area and private patios for each of the units. Garage parking for the tenants and a driveway for additional parking for each unit. Significant rental upside potential upon turnover or unit renovations. North Anaheim apartment submarket is among the strongest performing areas in Metro Orange County, with an average occupancy of 97.01 percent and average effective rental increases of 3.6 percent-year-over-year since the third quarter of 2017, demonstrating strong demand for rental housing. Located close to elementary school, Edison Park, retail shopping, and with close freeway access nearby, the property is well positioned to take advantage of the continued future rental growth in the area.

Last Agent to Sell the Property

Adam Alcaraz

Coldwell Banker Realty License #01225657 Listed on: 10/14/2019

Coldwell Banker Realty

Last Buyer's Agent

Adam Alcaraz

Coldwell Banker Realty License #01225657 Listed on: 10/14/2019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Landscaped
  • Level Lot

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 11794
  • Assessor Parcel Number 26717102

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $300
  • Gardener Expense $900
  • Insurance Expense $950
  • Maintenance Expense $2,500
  • Water Sewer Expense $2,394
  • New Taxes Expense $9,764
  • Operating Expense $16,808
  • Gross Income $51,360
  • Net Operating Income $34,552

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.06
  • Property Attached: Yes
  • Subdivision Name Other: Triplex
  • Water Sewer Expenses: 2394.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 26717102
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 333.33

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Fuel Expense: 300.00
  • Gross Income: 51360.00
  • Gross Scheduled Income: 51360.00
  • Insurance Expense: 950.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 960.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 34552.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 16808.00
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Total Expenses: 16808.00

Tax Info

  • New Taxes Expense: 9764.00
  • Tax Census Tract: 864.04
  • Tax Lot: 1
  • Tax Tract Number: 11794

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $800,000 -5.9% $333 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $850,000 -- $354 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,250 $874,915 $732,744 $142,171
2024 $10,250 $857,760 $718,376 $139,384
2023 $10,033 $840,942 $704,291 $136,651
2022 $9,906 $824,453 $690,481 $133,972
2021 $9,922 $808,288 $676,942 $131,346
2020 $9,880 $800,000 $670,000 $130,000
2019 $5,627 $432,761 $309,633 $123,128
2018 $5,514 $424,276 $303,562 $120,714
2017 $5,306 $415,957 $297,609 $118,348
2016 $5,288 $407,801 $291,773 $116,028
2015 $5,239 $401,676 $287,390 $114,286
2014 $4,929 $393,808 $281,760 $112,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19242389

California Regional Multiple Listing Service (CRMLS)

APN: 267-171-02