NOT LISTED FOR SALE
9 Beds
6 Baths
4,300 Sq Ft
7,257 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $1,425,000 $331 Per Sq Ft

80 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • Double Pane Windows
  • Open Floorplan
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2020

Excellent stable investment on this well renovated multifamily centrally located in City of Anaheim. 2 detached buildings with 5 individual garages. All 4 units have been updated entirely with all modern-style living amenities: all new kitchen with solid wood cabinets, Quartz counter tops, stainless steel appliances, all bathrooms have vanity cabinets, sinks, modern mirrors, air vents, tiled around bathtubs and flooring. All vinyl dual-pane windows, 2" faux window blinds, doors, sliding doors, laminate flooring thru-out, wooden fencing in the rear yard, fresh interior and exterior paint, & all roll-up garage doors. Front building is detached 3bed/2bath, spacious living room with fireplace, kitchen, and dining area. Sliding patio door leads to rear yard with all concrete ground. Central heating. Rear building consist of 3 units: Unit #2 is upstairs 2bed/1bath unit with private staircase, open floor plan from kitchen to eating area and living room with wall A/C unit. It also has a balcony access thru the sliding door. Unit #3 is a townhouse style with 2 floors. Downstairs has living room with wall A/C unit, kitchen, dining area, half restroom, and rear yard. Upstairs has 2 bed/1bath. Unit #4 is downstairs 2bed/1bath unit with open floor plan as well. Living room has sliding door to the rear yard. Excellent tenants who always pay on time and also take care of the yards. HOA fee includes management, gardening and security patrol services. There are still room for rent increase.

Last Agent to Sell the Property

Wayne Yau

Landmark Realty Group License #01374388 Listed on: 07/20/2020

Last Buyer's Agent

Marvin Phillip

Y Realty License #01464525

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 7,257 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Flag Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Public Parking
  • Front Facing Garage
  • Rear-Facing Garage
  • Single Garage Door
  • Driveway
  • On-Street Parking

Home Design

  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,300 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Storage

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Dressing Area
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 69
  • Tax Tract Number 5053
  • Assessor Parcel Number 07262218

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Walnut Gardens Association, Phone Number (714) 924-2228
  • Steve HOA

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Insurance Expense $2,200
  • Other Expense $2,880
  • Water Sewer Expense $2,400
  • New Taxes Expense $15,950
  • Operating Expense $8,380
  • Gross Income $8,540
  • Net Operating Income $78,170

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$240 per month

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 5.40
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 07262218
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Recessed Lighting, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Price Per Square Foot: 331.40
  • Room Type: All Bedrooms Down, All Bedrooms Up, Dressing Area, Entry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking Features: Asphalt, Paved, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Public, Street
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood
  • Heating Type: Central, Wall Furnace, Fireplace(s)
  • Laundry Features: Common Area, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Walnut Gardens
  • Phone: 714-924-2228
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights
  • Association Management: Steve

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Flag Lot, Level, Near Public Transit, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 7257.00
  • Lot Size Acres: 0.1666

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 8540.00
  • Gross Operating Income: 24330.00
  • Gross Scheduled Income: 102500.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 7257.0000 Square Feet
  • Net Operating Income: 78170.00
  • 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 Wall A C: 3
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Operating Expense: 24330.00
  • Other Expense: 2880.00
  • Other Expense Description: HOA Fees
  • Rent Control: No
  • Total Actual Rent: 8545.00
  • Total Expenses: 8380.00

Tax Info

  • New Taxes Expense: 15950.00
  • Tax Census Tract: 871.02
  • Tax Lot: 69
  • Tax Tract Number: 5053

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
11/30/2020 11/30/20 Sold $1,425,000 -1.7% $331 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $1,450,000 -- $337 / 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: PW20136722

California Regional Multiple Listing Service (CRMLS)