Jeffrey Russell
Russell Realty Group
(626) 604-2792
113 Total Sales
1 in The Anaheim Resort
$725,000 Price
2070 S Mountain View Ave Anaheim, CA 92802
The Anaheim Resort Neighborhood
14
Beds
8
Baths
13,200
Sq Ft
0.47
Acre Lot
Highlights
- 0.47 Acre Lot
- 18 Car Direct Access Garage
- Laundry Room
- No HOA
- Side by Side Parking
- Wrought Iron Fence
About This Home
As of December 2020Fantastic opportunity to buy 16 units, Corner building. HIGHER INCOME with exterior renovation in July 2019. This 16 unit Multi- Family Property has a nice curb appeal with a strong current cap rate above 4.5% and over 5% on market. Built in 1962, The building has 13,200 rentable square feet spread across a lot size totaling 0.48 acres. This building offers (14)units 2 bedroom 1 bath, and (2) 1 bedroom 1 bath. Tenants have their own electric meters, The building has a gated front yard, nicely landscaped with grass, trees and plants. The property has plenty of parking including assigned 18 garages and 7 parking spaces, As well as an on site laundry room, Spacious interior court yard located in the center of the property, fantastic location close to many major retail shops, schools and employment. The property is conveniently located less than a mile from 1-5 Freeway. This property provides and investor the opportunity to acquire an apartment building with exceptional valued- add upside in a premier solid rental location in the city of Anaheim.
Last Agent to Sell the Property
Roman Realtors & Financial Ser License #01201196 Listed on: 02/10/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 20,473 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Rectangular Lot
- Sprinkler System
Parking
- 18 Car Direct Access Garage
- 7 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Side by Side Parking
- Two Garage Doors
- Garage Door Opener
- Driveway
- Assigned Parking
Home Design
- Apartment
- Flat Roof Shape
- Frame Construction
- Shingle Roof
- Tar and Gravel Roof
- Composition Roof
- Stucco
Interior Spaces
- 13,200 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, telephone
- Tax Lot 19
- Tax Tract Number 3611
- Assessor Parcel Number 13733213
Community Details
Overview
- No Home Owners Association
- 16 Units
Amenities
- Laundry Facilities
Building Details
- 16 Leased Units
- 16 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,400
- Fuel Expense $2,400
- Gardener Expense $1,200
- Insurance Expense $4,500
- Maintenance Expense $8,000
- Professional Management Expense $13,392
- Water Sewer Expense $8,400
- New Taxes Expense $53,750
- Operating Expense $94,552
- Gross Income $222,241
- Net Operating Income $193,998
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 23, 2022
Sold by
Gama Apartments Llc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,816,647
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 10, 2020
Closed on
Dec 2, 2020
Sold by
Condrea Octavian G
Bought by
Gama Apartments Llc
Seller's Agent
Flor Roman
Roman Realtors & Financial Ser
Buyer's Agent
Mark Bridge
Mark Bridge, Broker
List Price
$4,299,900
Sold Price
$4,100,000
Premium/Discount to List
-$199,900
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,535,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 10, 2020
Closed on
Nov 30, 2020
Sold by
Sheen Zoila Ysabel
Bought by
Macedo Pedro Roberto Garcia
Seller's Agent
Flor Roman
Roman Realtors & Financial Ser
Buyer's Agent
Mark Bridge
Mark Bridge, Broker
List Price
$4,299,900
Sold Price
$4,100,000
Premium/Discount to List
-$199,900
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,535,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 19, 2007
Sold by
Condrea Octavian G
Bought by
Condrea Octavian G and Octavian G Condrea Revocable Inter Vivos
Purchase Details
Closed on
Jul 8, 2003
Sold by
Felten Carmen C
Bought by
Felten Randy W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.75%
Mortgage Type
Commercial
Purchase Details
Closed on
May 29, 2003
Sold by
Felten Randy W and Felten Carmen C
Bought by
Condrea Octavian G and Condrea Elena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 28, 2000
Sold by
Quinn Enterprises
Bought by
Felten Randy W and Felten Carmen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,250
Interest Rate
8.16%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 13, 1993
Sold by
Haigh Robert W and Haigh Karen G
Bought by
Quinn Enterprises
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Anaheim Resort, CA
-
Jeffrey Russell
-
Leslie Stonick
Leslie Stonick
Compass
(424) 381-0410
72 Total Sales
2 in The Anaheim Resort
$1,035,000 Price Range
-
Gary Crow
Gary Crow
Fusion Realty Group
(877) 851-1851
11 Total Sales
1 in The Anaheim Resort
$635,000 Price
-
Michael Mei
Michael Mei
Keller Williams Realty Irvine
(949) 763-5711
167 Total Sales
1 in The Anaheim Resort
$668,000 Price
-
Michelle Fairchild
Michelle Fairchild
Premiere Choice Mfd Housing
(657) 312-4228
251 Total Sales
2 in The Anaheim Resort
$115K - $239K Price Range
-
David George
David George
Compass
(657) 315-1617
78 Total Sales
1 in The Anaheim Resort
$668,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $5,670,000 | Chicago Title | ||
| Gama Apartments Llc | $4,100,000 | Ticor Ttl Orange Cnty Branch | |
| Macedo Pedro Roberto Garcia | -- | Ticor Title | |
| Condrea Octavian G | -- | None Available | |
| Felten Randy W | -- | Fidelity National Title | |
| Felten Carmen C | -- | Fidelity National Title | |
| Felten Randy W | -- | Fidelity National Title | |
| Condrea Octavian G | $1,800,000 | Fidelity National Title | |
| Felten Randy W | $951,000 | Investors Title Company | |
| Quinn Enterprises | -- | Continental Lawyers Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,000,000 | ||
| Previous Owner | Gama Apartments Llc | $2,535,000 | |
| Previous Owner | Condrea Octavian G | $1,500,000 | |
| Previous Owner | Condrea Octavian G | $1,500,000 | |
| Previous Owner | Condrea Octavian G | $1,590,000 | |
| Previous Owner | Condrea Octavian G | $1,440,000 | |
| Previous Owner | Felten Randy W | $713,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2020 12/02/20 | Sold | $4,100,000 | -4.6% | $311 / Sq Ft |
| 02/10/2020 02/10/20 | For Sale | $4,299,900 | -- | $326 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $72,763 | $4,590,000 | $4,182,000 | $408,000 |
| 2025 | $72,763 | $6,017,049 | $5,563,620 | $453,429 |
| 2024 | $69,083 | $5,899,068 | $5,454,529 | $444,539 |
| 2023 | $67,640 | $5,783,400 | $5,347,577 | $435,823 |
| 2022 | $50,312 | $4,182,000 | $3,799,500 | $382,500 |
| 2021 | $50,395 | $4,100,000 | $3,725,000 | $375,000 |
| 2020 | $30,580 | $2,340,090 | $1,864,701 | $475,389 |
| 2019 | $29,725 | $2,294,206 | $1,828,138 | $466,068 |
| 2018 | $29,129 | $2,249,222 | $1,792,292 | $456,930 |
| 2017 | $28,032 | $2,205,120 | $1,757,149 | $447,971 |
| 2016 | $27,937 | $2,161,883 | $1,722,695 | $439,188 |
| 2015 | $27,679 | $2,129,410 | $1,696,819 | $432,591 |
| 2014 | $26,045 | $2,087,698 | $1,663,580 | $424,118 |
Source: Public Records
Agents Affiliated with this Home
-
Flor Roman
Seller's Agent in 2020
Flor Roman
Roman Realtors & Financial Ser
(714) 315-6566
-
Mark Bridge
Buyer's Agent in 2020
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
3 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20029966
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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