NOT LISTED FOR SALE
7 Beds
5 Baths
4,606 Sq Ft
10,019 Sq Ft Lot

Last Sold October 13, 2022

Last sale price $1,447,500 $314 Per Sq Ft

58 Days on Market

About This Home

As of October 2022

We are pleased to present 2932 W Floyd Ave, a recently upgraded Covington Style fourplex located in the desirable submarket of southwest Anaheim. Totally 4,606 SF, the average unit size is approximately 1,125 SF which is well about average. The unit mix consists of one - single level 3 Bed/ 2 Bath owners unit, Two - 2 Bed / 2 Bath units, and one 2 Bed / 1 Bath unit. Recent upgrades include dual paned windows, paint, new patio fencing, and tile flooring and kitchen counters. The property is in close proximity to the new developments of the Beach Bouelavard Specific Plan and 39 Commons on Lincoln Ave. A new owner will be able to take advantage of +/- 36% upside to the current income.

Last Agent to Sell the Property

Brett Bayless

Brett Bayless, Broker License #01718244 Listed on: 07/18/2022

Last Buyer's Agent

Martha Diaz

RE/MAX One License #01215345

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 5 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,606 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 5090
  • Assessor Parcel Number 12661112
  • $992 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,515
  • Insurance Expense $1,967
  • Trash Expense $639
  • Water Sewer Expense $4,597
  • Operating Expense $30,083
  • Gross Income $77,880
  • Net Operating Income $46,239

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4597.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 12661112
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 314.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 639.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Fuel Expense: 1515.00
  • Gross Income: 77880.00
  • Gross Operating Income: 76322.00
  • Gross Scheduled Income: 77880.00
  • Insurance Expense: 1967.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 46239.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 30083.00
  • Rent Control: No
  • Total Actual Rent: 77880.00
  • Total Expenses: 30083.00

Tax Info

  • Tax Census Tract: 869.03
  • Tax Lot: 10
  • Tax Tract Number: 5090
  • TaxOtherAnnualAssessmentAmount: 992.00

Range of Values:

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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 Prior Sale
10/13/2022 10/13/22 Sold $1,447,500 -1.9% $314 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $1,475,000 +79.9% $320 / Sq Ft
06/12/2014 06/12/14 Sold $820,000 -4.5% $178 / Sq Ft View Prior Sale
05/07/2014 05/07/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $859,000 -- $186 / 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: OC22157389

California Regional Multiple Listing Service (CRMLS)

APN: 126-611-12