NOT LISTED FOR SALE
11 Beds
5 Baths
5,100 Sq Ft
7,471 Sq Ft Lot

Last Sold December 11, 2013

Last sale price $930,000 $182 Per Sq Ft

29 Days on Market

Highlights

  • Park or Greenbelt View
  • Beamed Ceilings
  • Laundry Room
  • No HOA
  • Galley Kitchen
  • 2-minute walk to George Washington Park

About This Home

As of December 2013

A rare opportunity to own 5 units in Downtown Anaheim! This property began with a large house built in the 1920’s and was added on to in the 1950’s and now is an approximate total of 5100 square feet. The front, original house, is 6 bedrooms and one amazing bath (with room to add another bath), followed by a charming studio apartment with beamed ceilings, two twin adorable upstairs units with one bedroom each and lastly a large downstairs unit with three bedrooms. This property has been used as a business for many years and all rents are approximate and according to rent studies: Front house (1900 sqft)$2100 per month, 3 bedrm (900 sqft)$1300 per month, two 1 bedrm apartments (800 sqft) $1000 per month, studio (700 sqft)$850 per month for a potential total of $6250 per month.There are 6 electric meters (5 for units, 1 for owner for outside lighting) one water and one gas meter. There are 6 parking spaces.This building is ideal as an investment property!Located in Anaheim Colony historic district, across the street from the gorgeous George Washington Park.Located just blocks away from public transportation and Downtown which offers grocery shopping, coffee shops, restaurants, post office, library and many community events, such as weekly farmer’s markets.

Last Agent to Sell the Property

Meghan Shigo

Century 21 Affiliated License #01243803 Listed on: 10/14/2013

Century 21 Affiliated

Last Buyer's Agent

Ed Diaz

Vanguard Property Group License #01022469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,471 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 6 Parking Spaces

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Bungalow
  • Entry on the 2nd floor
  • Composition Roof

Interior Spaces

  • 5,100 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Carpet
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 4
  • Assessor Parcel Number 25507212

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,000
  • Maintenance Expense $3,750
  • Trash Expense $1,296
  • Water Sewer Expense $1,800
  • New Taxes Expense $14,850
  • Gross Income $6,250
  • Net Operating Income $48,604

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 7.89
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 25507212
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 182.35
  • Room Type: Galley Kitchen

Exterior Features

  • View: Neighborhood, Park/Greenbelt
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1296.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7471.00
  • Lot Size Acres: 0.1720

Multi Family

  • Average1 Bed Area: 800
  • Average3 Bed Area: 900
  • Average Studio Area: 700
  • Gross Income: 6250.00
  • Gross Scheduled Income: 75000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7471.0000 Square Feet
  • Maintenance Expense: 3750.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 48604.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 22646.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 14850.00
  • Tax Lot: 8
  • Tax Tract Number: 4
  • Tax Year: 2012

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
12/11/2013 12/11/13 Sold $930,000 -6.1% $182 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $989,900 -- $194 / 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: PW13209914

California Regional Multiple Listing Service (CRMLS)