Seller's Agent in 2019
Michael Arp
Morgan Skenderian
(714) 262-8992
1 in this area
43 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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
| 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 | $13,814 | $1,182,448 | $1,019,549 | $162,899 |
| 2024 | $13,814 | $1,159,263 | $999,558 | $159,705 |
| 2023 | $13,523 | $1,136,533 | $979,959 | $156,574 |
| 2022 | $13,351 | $1,114,249 | $960,745 | $153,504 |
| 2021 | $13,374 | $1,092,401 | $941,906 | $150,495 |
| 2020 | $13,318 | $1,081,200 | $932,248 | $148,952 |
| 2019 | $2,415 | $127,320 | $29,231 | $98,089 |
| 2018 | $2,373 | $124,824 | $28,658 | $96,166 |
| 2017 | $2,302 | $122,377 | $28,096 | $94,281 |
| 2016 | $2,288 | $119,978 | $27,545 | $92,433 |
| 2015 | $2,262 | $118,176 | $27,131 | $91,045 |
| 2014 | $2,156 | $115,862 | $26,600 | $89,262 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Arp
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18238702
APN: 268-101-16
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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