NOT LISTED FOR SALE

224 E Clifton Ave Unit 224 Anaheim, CA 92805

Southeast Anaheim Neighborhood
8 Beds
4 Baths
3,831 Sq Ft
1965 Built

Last Sold April 28, 2016

Last sale price $720,000 $188 Per Sq Ft

74 Days on Market

About This Home

As of April 2016

OUTSTANDING CASH FLOW OPPORTUNITY! Condo 4 plex. All units Spacious 2 bedroom, 1.75 baths (approx. 957 sq.ft. each) with Patios & Fireplaces. Association pool and spa. High Demand rental area in BOOMING Anaheim.....Disneyland Close, Freeway Close, Tenants can walk to WalMart and Western Medical. Existing rents LOW.... 2 BR. 2BA units across street rent for $1495 (average 940 sq.ft.). HOA includes Insurance/Gardener/Exterior Maintenance (paint, roof, common area), Gated Pool & Spa/Landscape, etc. Tenants pay Electric & Gas. Excellent Cap Rate with Upside Potential!

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 02/01/2016

Pacific Sotheby's Int'l Realty

Co-Listed By

Michael Thornton

Pacific Sotheby's Int'l Realty License #01236638

Last Buyer's Agent

Sue Altowaiji

Greystone Realty Group License #01254220

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $1,045 Monthly HOA Fees

Home Design

  • 3,831 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 16 Parking Spaces
  • 4 Carport Spaces

Pool

  • Private Pool

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10013
  • Assessor Parcel Number 93579011

Community Details

Overview

  • 4 Units

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Other Expense $12,540
  • Water Sewer Expense $2,940
  • New Taxes Expense $9,500
  • Gross Income $5,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,045 per month

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2940.00
  • Property Type: Residential Income
  • Parcel Number: 93579011
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.94

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1045.00
  • Association Fee Frequency: Monthly
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Landscaped

Multi Family

  • Gross Income: 5250.00
  • Gross Scheduled Income: 63000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Other Expense: 12540.00
  • Other Expense Description: HOA
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9500.00
  • Tax Lot: 1
  • Tax Tract Number: 10013

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
04/28/2016 04/28/16 Sold $720,000 -5.1% $188 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $759,000 -- $198 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,238 $852,331 $650,295 $202,036
2024 $10,238 $835,619 $637,544 $198,075
2023 $10,018 $819,235 $625,043 $194,192
2022 $9,886 $803,172 $612,787 $190,385
2021 $9,900 $787,424 $600,772 $186,652
2020 $9,857 $779,350 $594,611 $184,739
2019 $9,572 $764,069 $582,952 $181,117
2018 $9,378 $749,088 $571,522 $177,566
2017 $9,018 $734,400 $560,315 $174,085
2016 $6,461 $494,111 $329,679 $164,432
2015 $6,401 $486,689 $324,726 $161,963
2014 $6,028 $477,156 $318,365 $158,791
Source: Public Records

Agents Affiliated with this Home

  • Sean Stanfield

    Seller's Agent in 2016

    Sean Stanfield

    Pacific Sotheby's Int'l Realty

    (949) 244-9057

    556 Total Sales

    Sean Stanfield
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Michael Thornton

    Pacific Sotheby's Int'l Realty

    (949) 554-1200

    8 Total Sales

    Michael Thornton
    Section Image

  • S

    Buyer's Agent in 2016

    Sue Altowaiji

    Greystone Realty Group

    (714) 878-9182

    12 Total Sales

    Sue Altowaiji
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16020916

California Regional Multiple Listing Service (CRMLS)

APN: 935-790-11

California Orange County Anaheim 92805 Southeast Anaheim

224 E Clifton Ave Unit 224, Anaheim, CA

Not Listed for Sale

MultiFamily

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