NOT LISTED FOR SALE
8 Beds
8 Baths
3,831 Sq Ft
$1,200/mo HOA Fee

Last Sold March 18, 2025

Last sale price $1,400,000 $365 Per Sq Ft

3 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Cooling System Mounted To A Wall/Window
  • Granite Countertops
  • Double Oven
  • Laundry Room

About This Home

As of March 2025

This well-maintained 4-unit condominium building offers a fantastic investment opportunity in the heart of Anaheim. Conveniently located near major freeways, shopping centers, Honda and Anaheim Convention Centers, Disneyland, and Anaheim Garden Walk, this property ensures strong rental demand. It is situated behind Walmart Convenience Store and near Anaheim Hospital. Each unit has been upgraded with granite countertops and features an attached covered patio. The property boasts solid rental income with no vacancies and long-term tenants in place. The Homeowners Association covers common area utilities, landscaping, pool and common area maintenance, exterior insurance, exterior paint, and roof upkeep. Newer roof and carport parking. Don't miss this exceptional investment opportunity in a prime Anaheim location!

Last Agent to Sell the Property

Amy Wu

LPT Realty, Inc Brokerage Phone: 626-461-2128 License #01044806 Listed on: 03/02/2025

LPT Realty, Inc

Co-Listed By

IAN SHAW

Partner Real Estate Brokerage Phone: 626-461-2128 License #02016000

Last Buyer's Agent

Queena Ken

Pellego, Inc. License #02247335

Pellego, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $1,200 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,831 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 10013
  • Assessor Parcel Number 93579003

Community Details

Overview

  • Master Insurance
  • 4 Units
  • Maintained Community

Amenities

  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,980
  • Professional Management Expense $14,400
  • Trash Expense $1,950
  • Water Sewer Expense $1,950
  • Operating Expense $34,425
  • Gross Income $100,560
  • Net Operating Income $66,135

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • CapRate: 4.72
  • Professional Management Expense: 14400.00
  • Property Attached: Yes
  • Subdivision Name Other: Unknown
  • Water Sewer Expenses: 1950.00
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 93579003
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 365.44

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Vented Exhaust Fan
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1950.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Meeting Room, Insurance, Maintenance Grounds, Pets Not Permitted
  • Association Fee: 1200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Gross Operating Income: 100560.00
  • Gross Scheduled Income: 100560.00
  • Insurance Expense: 3980.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 66135.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 34425.00
  • Rent Control: No
  • Total Actual Rent: 8380.00
  • Total Expenses: 34425.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10013

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
03/18/2025 03/18/25 Sold $1,400,000 0.0% $365 / Sq Ft
03/02/2025 03/02/25 For Sale $1,400,000 -- $365 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25044429

California Regional Multiple Listing Service (CRMLS)