NOT LISTED FOR SALE
9 Beds
7 Baths
4,345 Sq Ft
8,276 Sq Ft Lot

Last Sold August 16, 2019

Last sale price $1,285,000 $296 Per Sq Ft

98 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • No HOA
  • Laundry Room
  • 5 Car Garage

About This Home

As of August 2019

Amazing East Anaheim True Covington Fourplex Near Shopping, Restaurants, Angel Stadium, Great Employment and Access to the 57 Freeway. The Large “Owners” Unit 1 is Downstairs, 3 Bedroom, 2 Bathroom with Large Patio and 2 Car Garage, with Long-Term Tenant at substantially below market rent. Unit 2 is Downstairs 2 Bedroom, 2 Bathroom with Large Patio and One Car Garage. Unit 3 is an Upstairs, 2 Bedroom, 2 Bathroom with Balcony off of the Dining Area and One Car Garage. Unit 4 is an Upstairs (above the Building’s Attached Garages) Two Bedroom, One Bathroom with Large Balcony off the Living Room and 1 Car Garage. Units 1 – 3 have Central Heat & Wall Air Conditioners. Unit 4 has a Wall Heater & Wall Air Conditioner. In Addition to the Building’s Garage Parking for 5 Cars, there are 2 Parking Spaces (for a total of 7 owned by Building) + Street Parking. All Units have Washer & Dryer Hook-Ups in each Unit’s Private Garage. All Units are Separately Metered with Tenants Paying All Utilities except Water. This Amazing Investment won’t last.

Last Agent to Sell the Property

Nathan Allen

Crane Real Estate License #01874648 Listed on: 04/10/2019

Co-Listed By

Thomas C. Santoro

Crane Real Estate License #00794403

Last Buyer's Agent

Sasha Barber

Guided Realty License #01775729

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,154

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Sprinkler System

Parking

  • 5 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Parking Lot

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 4,345 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, trash collection
  • Tax Lot 3
  • Tax Tract Number 7448
  • Assessor Parcel Number 25316103

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Built by Covington

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $955
  • Insurance Expense $1,405
  • Maintenance Expense $3,824
  • Water Sewer Expense $1,683
  • New Taxes Expense $16,154
  • Operating Expense $24,076
  • Gross Income $59,624
  • Net Operating Income $59,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,154

Year Built

Built in 1972

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 4.17
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1683.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 955.00
  • Parcel Number: 25316103
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Dining Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 295.74

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Builder Name: Covington
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage, On Site, Parking Space
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level, Sprinkler System
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900
  • Latitude Manual: 33.81760700

Rental Info

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

Multi Family

  • Gross Income: 59624.00
  • Gross Multiplier: 16.13
  • Gross Scheduled Income: 83700.00
  • Insurance Expense: 1405.00
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 3824.00
  • Net Operating Income: 59624.00
  • 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
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 24076.00
  • Rent Control: No
  • Total Actual Rent: 6975.00
  • Total Expenses: 24076.00

Tax Info

  • New Taxes Expense: 16154.00
  • Tax Area: 01-007
  • Tax Census Tract: 863.03
  • Taxes Percent: 1.20
  • Tax Lot: 3
  • Tax Rate: 1.20
  • Tax Tract Number: 7448
  • Tax Annual Amount: 16154.00
  • Tax Year: 2018

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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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
08/16/2019 08/16/19 Sold $1,285,000 -4.8% $296 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $1,350,000 -- $311 / 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 $16,216 $1,405,333 $874,917 $530,416
2024 $16,216 $1,377,778 $857,762 $520,016
2023 $15,877 $1,350,763 $840,943 $509,820
2022 $15,679 $1,324,278 $824,454 $499,824
2021 $15,708 $1,298,312 $808,288 $490,024
2020 $15,644 $1,285,000 $800,000 $485,000
2019 $3,808 $250,937 $79,266 $171,671
2018 $3,736 $246,017 $77,712 $168,305
2017 $3,609 $241,194 $76,189 $165,005
2016 $3,592 $236,465 $74,695 $161,770
2015 $3,555 $232,914 $73,573 $159,341
2014 $3,366 $228,352 $72,132 $156,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19076600

California Regional Multiple Listing Service (CRMLS)

APN: 253-161-03