SPACIOUS FOURPLEX FOR SALE! Built in 1964, this is a well maintained four-unit investment property located in a high-demand rental area of Anaheim. First time on the market in 20 years and has robust growth potential. Major capital improvements consist of a newly upgraded electrical panel, updated windows and sliding glass doors, copper plumbing. All three single story units have patios and the one upstairs unit has a balcony. Each unit has one enclosed garage. One extra garage and two open spaces mean plenty of on-site parking. Housing provider owned on-site laundry facilities offer potential income. Property is conveniently located near the 5 & 91 Fwys., Cypress College and Knotts Berry Farm.
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
9,753 sq. ft.906 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1964
(Age: 62)
General Listing Location:
Anaheim, 79 - Anaheim West of Harbor
County Or Parish:
Orange
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$650
Gross Scheduled Income:
$98,472
Net Operating Income:
$50,851
Rent Control:
No
Total Actual Rent:
$98,472
Association Fee:
$0
Land Lease:
No
Electric Expense:
$2,414
Fuel Expense:
$1,944
Gardener expense:
2300.0
Insurance Expense:
$4,500
Maintenance Expense:
$3,330
Taxes expense:
20125.0
Operating Expense:
$42,697
Professional Management Expense:
$6,058
Trash Expense:
$0
Water and Sewer Expense:
$2,026
Vacancy Allowance Rate:
$5
Tax Lot:
9
From Beach Blvd. go east on Lincoln, right on Laxore, left on Embassy, right on Ridgeway St. Property is at the end on the left.
View:
None
Inclusions:
The three sets of washers and dryers in the community laundry are included.
Appliances:
Dryer, Washer
Number of Buildings:
1
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
1
# Units Leased:
4
Community Features:
Curbs, Sidewalks
Senior Community:
No
Interior Features:
Unfurnished
Laundry Features:
Common Area
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Irregular Lot
Fireplace Features:
Living Room, See Remarks
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision Name:
Other
Direction Faces:
West
Levels:
One, Two
Num Stories:
2
Entry Level:
1
Entry Location:
Ground
Construction Materials:
Copper Plumbing
New Constr.:
No
Flooring:
Laminate, Tile, Vinyl
Common Walls:
1 Common Wall
# Units:
4
Fireplace:
Yes
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Fencing:
Wood
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Road Frontage Type:
City Street
Road Surface Type:
Paved
Garage Spaces:
5
Uncovered Spaces:
2
Total Parking Spaces:
7
Parking Features:
Garage
Special Listing Conditions:
Standard, Trust
Parcel Number:
12661111
U-shaped complex. Three single story units and one unit upstairs.
This unit has a fireplace and three large bedrooms. One full bath and a 3/4 bath.