NOT LISTED FOR SALE

324 W Orangewood Ave Unit 324 Anaheim, CA 92802

The Anaheim Resort Neighborhood
3 Beds
3 Baths
3,434 Sq Ft
1964 Built

Last Sold August 31, 2018

Last sale price $800,000 $233 Per Sq Ft

66 Days on Market

Highlights

  • Bonus Room
  • Balcony
  • Laundry Room
  • Community Pool
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of August 2018

Just fell out of escrow!!!
Great income property for investor!!! This 4-Plex is located in Anaheim. The property is close to entertainment centers such as Angel Stadium and walking distance to Disneyland. All 4 units are spacious, two-story " Townhouse Style". Downstairs of each unit has a comfortable living room, nice dining area, kitchen and 1/2 bath. Second-floor loft style bedroom with two walk-in closets, one on each side and one full bath. The seller had upgraded all four units by using partitions to separate a bedroom into two bedrooms. Each unit has their own balcony on the second floor and they were recently remodeled. Each unit also has their own patio on the first floor. One car garage space for each unit as well. The seller upgraded the kitchen by adding granite counter top in two of the units. Three units have been recently remodeled and have long term tenants. They have never been increasing rent for so many years. The property has no rent control. Homeowner Association dues $725 monthly covers the exterior maintenance including roofs, paint, water, landscaping, swimming pool, laundry facilities, on-site property management, security patrol service, fire Ins, trash, electric for common area and garage. The property will be sold As Is. The property is contingent upon the cancellation of previous escrow.

Last Agent to Sell the Property

Kunyarin Visarutanun

HomeSmart, Evergreen Realty License #01125970 Listed on: 05/03/2018

HomeSmart, Evergreen Realty

Last Buyer's Agent

Regina Bory

TRT CAPITAL License #01076278

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,909

Year Built

  • Built in 1964

Lot Details

  • 2,374 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,434 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 10704
  • Assessor Parcel Number 93692002

Community Details

Overview

  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Other Expense $8,700
  • New Taxes Expense $5,909
  • Operating Expense $14,609
  • Gross Income $62,400
  • Net Operating Income $47,791

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,909

Year Built

Built in 1964

Lot Details

0

HOA Fees

$725 per month

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 93692002
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 232.96
  • Room Type: Bonus Room

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 725.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2374.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 62400.00
  • Gross Scheduled Income: 72000.00
  • Net Operating Income: 47791.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14609.00
  • Other Expense: 8700.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Actual Rent: 5200.00
  • Total Expenses: 14609.00

Tax Info

  • New Taxes Expense: 5909.00
  • Tax Census Tract: 884.03
  • Tax Lot: 1
  • Tax Tract Number: 10704
  • Tax Annual Amount: 5909.00
  • Tax Year: 2017

Range of Values:

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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 Change Sq Ft Price
08/31/2018 08/31/18 Sold $800,000 0.0% $233 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
07/05/2018 07/05/18 Price Changed $800,000 0.0% $233 / Sq Ft
07/05/2018 07/05/18 For Sale $800,000 +3.2% $233 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $775,000 -- $226 / 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: OC18104461

California Regional Multiple Listing Service (CRMLS)

APN: 936-920-02