$2,100,000
$200K PRICE DROP

906 S Fann St Anaheim, CA 92804

West Anaheim Neighborhood

Estimated payment $13,289/month

Total Views 15,682
10 Beds
7 Baths
4,566 Sq Ft
$460 Price per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Side by Side Parking
  • Traditional Architecture
  • Courtyard Views
  • Cooling System Mounted To A Wall/Window

About This Home

Excellent opportunity to own 14 units in Prime Anaheim rental location! This property is 7 units and is being sold with the mirror-match building next door also with its 7 units. 902 Fann and 906 Fann are being sold together. each building has 7 units; 3 2-bedroom units and 4 1-bedroom units, each unit has a 1 car garage. each unit has separate gas and electric meters. The roof is 4 years old. All units are under market rent but there is still $121,260 in annual income for 7 units with a conservative Pro Forma of $191,000. Located 1 block to Euclid and Ball with many restaurants and also public transportation. The building also has a coin operated laundry facility that generates income. Excellent curb appeal will make you proud when you drive by and check out the jewel in your investment portfolio!.

Listing Agent

Bill Etchegaray

Century 21 Affiliated Brokerage Phone: 714-797-0863 License #01139672 Listed on: 02/05/2025

Century 21 Affiliated

Co-Listing Agent

Sachu Desai

Century 21 Affiliated Brokerage Phone: 714-797-0863 License #01082131

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,312 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence

Parking

  • 7 Car Garage
  • Parking Available
  • Side by Side Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,566 Sq Ft Home
  • 2-Story Property
  • Courtyard Views
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • All Bedrooms Down
  • 7 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Connected

Additional Features

  • No Interior Steps
  • Outdoor Storage

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 2377
  • Assessor Parcel Number 12826402
  • $1 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $560
  • Insurance Expense $4,897
  • Pest Control $611
  • Professional Management Expense $3,600
  • Trash Expense $1,400
  • Water Sewer Expense $1,300
  • Operating Expense $12,638
  • Gross Income $125,400
  • Net Operating Income $109,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

7

Listing Details

  • Assessments: Yes
  • CapRate: 4.70
  • Price Per Unit: 300000
  • Professional Management Expense: 3600.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: unknown
  • View: Yes
  • Water Sewer Expenses: 1300.00
  • Architectural Style: Traditional
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 560.00
  • Parcel Number: 12826402
  • Year Built: 1960
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Accessibility Features: No Interior Steps
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 459.92
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • View: Courtyard
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Garage, Side by Side
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Pest Control Expense: 611.00
  • Sewer: Public Sewer
  • Trash Expense: 1400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 6312.00
  • Lot Size Acres: 0.1449
  • Latitude Manual: 33.81985900

Multi Family

  • Gross Income: 125400.00
  • Gross Multiplier: 21.00
  • Gross Scheduled Income: 125400.00
  • Insurance Expense: 4897.00
  • Lot Size Area: 6312.0000 Square Feet
  • Net Operating Income: 109000.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 16400.00
  • Rent Control: No
  • Total Actual Rent: 125400.00
  • Total Expenses: 12638.00
  • Vacancy Allowance: 3762
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 871.03
  • Tax Lot: 30
  • Tax Tract Number: 2377
  • TaxOtherAnnualAssessmentAmount: 1.00

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
05/28/2025 05/28/25 Price Changed $2,100,000 -8.7% $460 / Sq Ft
02/05/2025 02/05/25 For Sale $2,300,000 -- $504 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25025300

California Regional Multiple Listing Service (CRMLS)
California Orange County Anaheim 92804 West Anaheim

906 S Fann St, Anaheim, CA

This home is located at 906 S Fann St, Anaheim, CA 92804 and is currently priced at $2,100,000, approximately $459 per square foot. This property was built in 1960. 906 S Fann St is a home located in Orange County with nearby schools including Barton (Clara) Elementary School, Ball Junior High School, and Loara High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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Bill Etchegaray
Listing Agent
Bill Etchegaray
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Century 21 Affiliated
(657) 467-6687