Seller's Agent in 2019
Michael Arp
Morgan Skenderian
(714) 262-8992
1 in this area
42 Total Sales
2599 E Ward Terrace Anaheim, CA 92806
North Anaheim Neighborhood
7
Beds
5
Baths
3,969
Sq Ft
9,583
Sq Ft Lot
Highlights
- All Bedrooms Downstairs
- Laundry Room
- Tile Flooring
About This Home
As of March 2019The Ward Terrace 4-plex apartments offer a great opportunity to purchase a well run 4-plex on a rarely available cul-de-sac street in Anaheim. The building is 3,969 square feet and features a desirable unit mix of (1) 3 Bed 2 Bath (1) 2 Bed 1 Bath and (2) 1 Bed 1 Bath units. All units have been updated with tile flooring throughout and most have a fresh coat of paint. Two of the apartments have been extensively renovated with new kitchen cabinets, new counter tops, brushed nickel fixtures, and porcelin tile flooring. Tenants enjoy garage parking, enclosed patios, central forced air heating, wall air conditioning, and have access to an onsite laundry room. Additonally owner expenses are minimal as the property is separately metered for gas and electric and the tenants pay for their own portion of the trash bill. This is the first time since 2009 a 4-plex has been for sale on Ward Terrace; don't miss out on this rare investment opportunity.
Last Agent to Sell the Property
Morgan Skenderian License #01488586 Listed on: 10/01/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 9,583 Sq Ft Lot
- No Common Walls
Parking
- 4 Open Parking Spaces
- 5 Car Garage
Interior Spaces
- 3,969 Sq Ft Home
- 2-Story Property
- Tile Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
- All Bedrooms Down
- 5 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Tax Lot 15
- Tax Tract Number 6459
- Assessor Parcel Number 26810116
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,250
- Maintenance Expense $3,777
- Other Expense $3,000
- New Taxes Expense $13,779
- Operating Expense $24,025
- Gross Income $1,200
- Net Operating Income $59,201
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2019 03/21/19 | Sold | $1,060,000 | 0.0% | $267 / Sq Ft |
| 02/01/2019 02/01/19 | Off Market | $1,060,000 | -- | -- |
| 10/19/2018 10/19/18 | Price Changed | $1,180,000 | -3.7% | $297 / Sq Ft |
| 10/09/2018 10/09/18 | For Sale | $1,225,000 | +15.6% | $309 / Sq Ft |
| 10/08/2018 10/08/18 | Off Market | $1,060,000 | -- | -- |
| 10/01/2018 10/01/18 | For Sale | $1,225,000 | -- | $309 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Michael Arp
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18238702
APN: 268-101-16
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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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