Seller's Agent in 2022
Rick Applebaum
Morgan Skenderian
(949) 251-8800
3 in this area
64 Total Sales
625 W Bellevue Dr Anaheim, CA 92805
West Anaheim Neighborhood
6
Beds
4
Baths
4,871
Sq Ft
8,162
Sq Ft Lot
About This Home
As of June 2022625 W Bellevue Drive is an immaculately maintained 6-unit apartment community located in the exceptionally strong rental market of Anaheim. Built in 1960,the subject property offers a preferred unit mix of one and two bedroom units. This professionally managed apartment complex, which is on the market for the first time in over 17 years, has been well maintained and has received mild improvements throughout the years. The property offers appealing amenities including security doors, a shared courtyard, an onsite laundry facility and (6) single-car garages. Tenants also enjoy the property's ideal proximity (approximately 1 mile) to the trendy and urban Anaheim Packing District, and is approximately 1.5 miles to Disneyland, a major employer to the citizens of Anaheim and a favorite local attraction. Through modernization of the interiors and increases on current rents, which all tenants are eligible for, this investment opportunity offers a strong long-term hold strategy with exceptional growth potential for any type of investor.
Last Agent to Sell the Property
Morgan Skenderian License #01273871 Listed on: 03/08/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 8,162 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
Home Design
- 4,871 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 251
- Tax Tract Number 251
- Assessor Parcel Number 25115108
- $1,463 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,687
- Fuel Expense $1,687
- Gardener Expense $600
- Insurance Expense $1,948
- Maintenance Expense $6,140
- Other Expense $500
- Water Sewer Expense $1,687
- New Taxes Expense $21,718
- Operating Expense $35,968
- Gross Income $105,492
- Net Operating Income $66,359
Additional Features
- 6 Units
- Laundry Facilities
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 |
|---|---|---|---|---|
| 06/23/2022 06/23/22 | Sold | $1,770,000 | -0.3% | $363 / Sq Ft |
| 03/08/2022 03/08/22 | For Sale | $1,775,000 | -- | $364 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Paul Espinosa
Morgan Skenderian
(714) 206-2688
2 in this area
34 Total Sales
-
Buyer's Agent in 2022
Doug Rodermund
Morgan Skenderian
(949) 295-8560
1 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22045789
APN: 251-121-08
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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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