NOT LISTED FOR SALE
8 Beds
8 Baths
3,844 Sq Ft
10,019 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $1,600,000 $416 Per Sq Ft

121 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Park
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of March 2024

Excellent Investment/Development Opportunity with Many Options for Huge Gains on this property w/Oversized Lot! Planning Department Pre-Approved! Being Sold w/ Ready-to-Issue (RTI) from Planning Departments (in process) to Develop two (2), 800 sf 2 Bed/2Bath ADU’s, 12 New Parking (6 Garages / 6 carports), four (4) Storage units (income), & Laundry Room (income)!!

This garden-style two-story walk-up 4-plex consists of 4 units, all units - 2 bed / 2 bath, w/big front patios, six (6) - 1-car garages located on a Huge Lot at the end of the Cul-De-Sac! Has an onsite laundry room w/Brand New (owner owned) coin-op machines w/great revenue! All units are occupied w/great Long Term Tenants w/significant upside in rents for the future! Following Renovations were done July 2023, New ridge caps on roof, New Water Heaters, exterior paint, metal rails/fencing painted, 2 brand new coin-operated washer & dryer, concrete repair/surfacing on stairs & patios, & landscape.

This lot is Zoned for 7 units! or outfitted for two (2) 800 sq ft ADU’s. Being sold with permits to build two (2) ADU's and six (6) new garages.

Near Disneyland Park, Angel Stadium, Anaheim Convention Center, the Platinum Triangle, Honda Center, and the future site of OC VIBE! making this a Very In-Demand Rental Market Now and in the Future! The property is also conveniently located Near CA-5 & CA-22, & CA-57

Last Agent to Sell the Property

Johnny Moreno

Legacy Real Estate Brokerage Email: johnny@mbthrealty.com License #01900446 Listed on: 10/25/2023

Co-Listed By

Gene Tsair

Legacy Real Estate Brokerage Email: johnny@mbthrealty.com License #01843673

Last Buyer's Agent

Mina Saghafi

Nationwide Realty Inc. License #01473394

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Sprinklers on Timer
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,844 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 15
  • Tax Tract Number 4551
  • Assessor Parcel Number 13734326
  • $1,004 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Dog Park

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $333
  • Fuel Expense $442
  • Gardener Expense $1,440
  • Insurance Expense $4,000
  • Other Expense $4,200
  • Water Sewer Expense $4,323
  • New Taxes Expense $21,104
  • Operating Expense $35,842
  • Gross Income $3,000
  • Net Operating Income $45,785

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Anaheim Resort
  • Water Sewer Expenses: 4323.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 13734326
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 416.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Front Yard, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 961 Square Feet
  • Electric Expense: 333.00
  • Fuel Expense: 442.00
  • Gross Income: 3000.00
  • Gross Operating Income: 81628.00
  • Gross Scheduled Income: 84060.00
  • Insurance Expense: 4000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 3000.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 45785.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 35842.00
  • Other Expense: 4200.00
  • Other Expense Description: Misc.
  • Rent Control: No
  • Total Actual Rent: 6755.00
  • Total Expenses: 35842.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 21104.00
  • Tax Census Tract: 875.04
  • Tax Lot: 15
  • Tax Tract Number: 4551
  • TaxOtherAnnualAssessmentAmount: 1004.00
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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
03/25/2024 03/25/24 Sold $1,600,000 -4.5% $416 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
10/25/2023 10/25/23 For Sale $1,675,000 -- $436 / 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 $16,208 $1,632,000 $1,428,000 $204,000
2024 $16,208 $1,377,000 $1,210,658 $166,342
2023 $13,363 $1,122,000 $969,000 $153,000
2022 $13,193 $1,100,000 $950,000 $150,000
2021 $2,723 $152,722 $36,153 $116,569
2020 $2,705 $151,157 $35,783 $115,374
2019 $2,650 $148,194 $35,082 $113,112
2018 $2,603 $145,289 $34,394 $110,895
2017 $2,523 $142,441 $33,720 $108,721
2016 $2,508 $139,649 $33,059 $106,590
2015 $2,480 $137,552 $32,563 $104,989
2014 $2,361 $134,858 $31,925 $102,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23197727

California Regional Multiple Listing Service (CRMLS)

APN: 137-343-26