NOT LISTED FOR SALE

1829 W Gramercy Ave Anaheim, CA 92801

Northwest Anaheim Neighborhood
2 Beds
1 Bath
3,827 Sq Ft
5,663 Sq Ft Lot

Last Sold November 16, 2018

Last sale price $1,025,000 $268 Per Sq Ft

105 Days on Market

Highlights

  • No HOA
  • Garden
  • 4 Car Garage
  • Laundry Room

About This Home

As of November 2018

PRICE REDUCED FOR QUICK SALE. The Gramercy 4-plex apartments is a two story garden style four unit apartment building located in Northwest Anaheim. All four apartments are spacious 2 bedroom and 1 bathroom units and the annual income is $69,360. Tenant amenities include wall air conditioning and heat, enclosed private patios (downstairs) and balconies (upstairs), garage parking, individual water heaters, and washer dryer hookups. Some units have been updated with granite counters and laminate flooring. The building structure is 3,827 square feet and is separately metered for utilities; lowering owner operating costs. The apartments are within close walking distance to employment centers, hospitals, schools, and retail shopping.

Last Agent to Sell the Property

Michael Arp

Morgan Skenderian License #01488586 Listed on: 07/23/2018

Last Buyer's Agent

Christine Zarate

Keller Williams Realty License #01957272

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Garden

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Composition Roof

Interior Spaces

  • 3,827 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 3095
  • Assessor Parcel Number 27205405

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,250
  • Maintenance Expense $3,364
  • Other Expense $2,400
  • Operating Expense $20,404
  • Gross Income $5,780
  • Net Operating Income $46,875

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.30
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 27205405
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 267.83

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5780.00
  • Gross Multiplier: 15.64
  • Gross Operating Income: 67279.00
  • Gross Scheduled Income: 69360.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 5663.0000 Square Feet
  • Maintenance Expense: 3364.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 46875.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 20404.00
  • Operating Expense Percent: 29.00
  • Other Expense: 2400.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 20404.00

Tax Info

  • Tax Census Tract: 867.02
  • Tax Lot: 14
  • Tax Tract Number: 3095

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 List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $1,025,000 -5.5% $268 / Sq Ft
11/08/2018 11/08/18 For Sale $1,085,000 +5.9% $284 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/30/2018 10/30/18 Off Market $1,025,000 -- --
08/19/2018 08/19/18 Price Changed $1,085,000 -3.6% $284 / Sq Ft
07/23/2018 07/23/18 For Sale $1,125,000 -- $294 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Arp

    Seller's Agent in 2018

    Michael Arp

    Morgan Skenderian

    (714) 262-8992

    5 in this area

    45 Total Sales

    Michael Arp
    Section Image

  • C

    Buyer's Agent in 2018

    Christine Zarate

    Keller Williams Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18176869

California Regional Multiple Listing Service (CRMLS)

APN: 272-054-05

California Orange County Anaheim 92801 Northwest Anaheim

1829 W Gramercy Ave, Anaheim, CA

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California Regional Multiple Listing Service (CRMLS) 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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