$3,360,000

Estimated payment $21,604/month

Total Views 646
18 Beds
8 Baths
9,436 Sq Ft
$356 Price per Sq Ft

About This Home

Pleased to present 201 East Wakefield Avenue, in the desirable community of Anaheim. The subject property was completely renovated in 2021-25 and is in excellent condition.

201 East Wakefield Avenue offers the new owner a turnkey, low-maintenance asset with immediate cash flow. However, over ±10% upside in rents exists through annual increases.

Listing Agent

Peter Gillin

Morgan Skenderian Brokerage Email: pdg@morganskenderian.com License #01433769 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,554

Year Built

  • Built in 1964

Lot Details

  • 9,569 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 8 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 9,436 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3535
  • Assessor Parcel Number 13733602
  • $1,468 per year additional tax assessments

Community Details

Overview

  • 7 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,680
  • Fuel Expense $1,680
  • Gardener Expense $1,800
  • Insurance Expense $9,436
  • Maintenance Expense $13,173
  • Other Expense $1,500
  • Trash Expense $1,680
  • Water Sewer Expense $1,680
  • New Taxes Expense $39,554
  • Operating Expense $72,183
  • Gross Income $10,500
  • Net Operating Income $183,373

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,554

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 5.46
  • Price Per Unit: 480000
  • Property Attached: Yes
  • Water Sewer Expenses: 1680.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 13733602
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 356.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1680.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9569.00
  • Lot Size Acres: 0.2197

Multi Family

  • Electric Expense: 1680.00
  • Fuel Expense: 1680.00
  • Gross Income: 10500.00
  • Gross Multiplier: 12.75
  • Gross Scheduled Income: 263460.00
  • Insurance Expense: 9436.00
  • Lot Size Area: 9569.0000 Square Feet
  • Maintenance Expense: 13173.00
  • Net Operating Income: 183373.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 72183.00
  • Other Expense: 1500.00
  • Other Expense Description: misc
  • Other Income1: 2100.00
  • Other Income2: 8400.00
  • Other Income Description: RUBS and Storage
  • Rent Control: Yes
  • Total Actual Rent: 21080.00
  • Total Expenses: 72183.00
  • Vacancy Allowance: 7903

Tax Info

  • New Taxes Expense: 39554.00
  • Tax Census Tract: 875.04
  • Tax Lot: 1
  • Tax Tract Number: 3535
  • Tax Annual Amount: 39554.00
  • TaxOtherAnnualAssessmentAmount: 1468.00

Map

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
08/21/2025 08/21/25 For Sale $3,360,000 0.0% $356 / Sq Ft
06/16/2025 06/16/25 For Rent $2,495 0.0% --
03/05/2025 03/05/25 Off Market $2,495 -- --
02/01/2025 02/01/25 For Rent $2,495 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25189419

California Regional Multiple Listing Service (CRMLS)