$699,900
SOLD MAR 28, 2014

220 E Clifton Ave Unit 220 Anaheim, CA 92805

Southeast Anaheim Neighborhood
2 Beds
1 Bath
3,830 Sq Ft
879.48 Acres

Recently Sold

$183 Per Sq Ft

42 Days on Market

Highlights

  • In Ground Pool
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 879.48 Acre Lot
  • Living Room
  • Wall Furnace

About This Home

As of January 2015

Great Income Property at Clifton Community, $175,000 per unit & $161 per SF. 4-plex condo each with 2 bedrooms, 1.75 bath, 960sf, air conditioning, heater, patio and 2 parking; one covered and one open. Two upstairs units and 2 downstairs units.Two units are totally remodeled. The other two units are long term tenants. HOA dues $1040 monthly includes pool, trash, insurance, exterior paint and roof maintenance, common area maintenance. Owner pays HOA and water. Tenant pays gas, and electricity. Community is professionally managed by HOA. The monthly assessment for your building is $1,040. The association is responsible for the maintenance of the common area which includes the alleyway, parking lot, carport, exterior building, roof. landscaping, pool & spa, fences and gates. Newer roof. The association also pays for common area utilities, security patrol service, refuse, general liability insurance. All units are fumigated on 9/12/2013 by HOA. The owner/tenant is responsible for their individual units utilities and HO6 insurance. READ supplementary.

Last Agent to Sell the Property

Jamie Yiang

2020 Realty & Investment License #00867911 Listed on: 01/31/2014

Last Buyer's Agent

Dana Johnson

DJ Capital Group License #01730165

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 879.48 Acre Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Planned Development

Interior Spaces

  • 3,830 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 8 Parking Spaces
  • Parking Available
  • Covered Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10013
  • Assessor Parcel Number 93579009

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $3,000
  • New Taxes Expense $8,400
  • Gross Income $5,800
  • Net Operating Income $45,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 93579009
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 182.74
  • Room Type: Living Room
  • Spa Features: Association, In Ground

Exterior Features

  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 1040.00
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 38309996.00
  • Lot Size Acres: 879.4760

Multi Family

  • Average1 Bed Area: 960
  • Average2 Bed Area: 960
  • Average3 Bed Area: 960
  • Gross Income: 5800.00
  • Gross Multiplier: 10.00
  • Gross Scheduled Income: 69600.00
  • Gross Spendable Income: 69600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 38309996.0000 Square Feet
  • Net Operating Income: 45120.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24480.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8400.00
  • Tax Lot: 1
  • Tax Tract Number: 10013
  • 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 Change Sq Ft Price
01/09/2015 01/09/15 Sold $760,000 -1.9% $198 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $774,900 +10.7% $202 / Sq Ft
03/28/2014 03/28/14 Sold $699,900 0.0% $183 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $699,900 -- $183 / 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: PW14021349

California Regional Multiple Listing Service (CRMLS)

APN: 935-790-09