$3,590,000

Estimated payment $19,814/month

Total Views 36,360
16 Beds
8 Baths
7,884 Sq Ft
$455 Price per Sq Ft

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Entry Slope Less Than 1 Foot
  • Attic
  • Laundry Room
  • Doors swing in

About This Home

*625 W Provential Dr to be sold with 701 W Provential Dr, total 8 units, total asking price:$3,590,000 inspection upon acceptance of offer, only 15 minutes to Disneyland or Knotts Berry farm. Most units have been renovated, has laundry facility on premises, equipment is leased, all units have back yards, tenants have month to month leases, the units are separately metered. This is a pride of ownership building, very well maintained, units face each other, has nice common area lawn that divides each 4-plex. Has private garages for tenants, State of California Rent Control (no local rent control.)

Listing Agent

Nathan Abbott

Americal Realty Brokerage Phone: 626-485-7280 License #00792694 Listed on: 09/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,258

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 0.42 Acre Lot
  • Two or More Common Walls
  • South Facing Home
  • Back and Front Yard
  • Density is 6-10 Units/Acre
  • 03618310

Parking

  • 12 Car Garage
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor
  • Turnkey
  • Fire Rated Drywall
  • Asphalt Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 7,884 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Disposal
  • Attic

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Accessible Home Design

  • Doors swing in
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7 -8
  • Tax Tract Number 3492
  • Assessor Parcel Number 03618309
  • $2,008 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units
  • Anaheim Gardens Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Gardener Expense $3,000
  • Insurance Expense $2,592
  • Water Sewer Expense $4,800
  • Operating Expense $4,488
  • Gross Income $208,764
  • Net Operating Income $197,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,258

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

12

Listing Details

  • Assessments: Yes
  • Price Per Unit: 448750
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Anaheim Gardens (ANGR)
  • View: No
  • Water Sewer Expenses: 4800.00
  • Zoning: Multi Family
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 03618309
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Doors - Swing In, Entry Slope Less Than 1 Foot
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 455.35
  • Room Type: All Bedrooms Up, Attic, Kitchen, Living Room

Exterior Features

  • Direction Faces: South
  • Fence: No
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 03618310
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Back Yard, Front Yard
  • Lot Size: 72X127, 72X127
  • Lot Size Sq Ft: 18299.00
  • Lot Size Acres: 0.4201

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Gross Income: 208764.00
  • Gross Scheduled Income: 208764.00
  • Insurance Expense: 2592.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 2787.00
  • Lot Size Area: 18299.0000 Square Feet
  • Net Operating Income: 197682.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Disposal: 8
  • Number With Patio: 8
  • Operating Expense: 5541.00
  • Rent Control: Yes
  • Total Actual Rent: 208764.00
  • Total Expenses: 4488.00

Tax Info

  • Tax Area: 01001
  • Tax Census Tract: 874.05
  • Tax Lot: 7 -8
  • Tax Tract Number: 3492
  • Tax Annual Amount: 10258.00
  • Tax Year: 2022
  • TaxOtherAnnualAssessmentAmount: 2008.00

Map

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
09/01/2023 09/01/23 For Sale $3,590,000 -- $455 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23160499

California Regional Multiple Listing Service (CRMLS)

APN: 036-183-10