$800,000
$850,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 11/20/2019
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC19242389
Sold Date 11/20/19
HOA Y/N No
Year Built 1959
Lot Size 7,405 Sqft
Property Description
Lowest Price around for this desirable single story triplex located in a strong rental neighborhood in North Anaheim. Three 2 bedroom/1 bathroom units with a small front yard area and private patios for each of the units. Garage parking for the tenants and a driveway for additional parking for each unit. Significant rental upside potential upon turnover or unit renovations. North Anaheim apartment submarket is among the strongest performing areas in Metro Orange County, with an average occupancy of 97.01 percent and average effective rental increases of 3.6 percent-year-over-year since the third quarter of 2017, demonstrating strong demand for rental housing. Located close to elementary school, Edison Park, retail shopping, and with close freeway access nearby, the property is well positioned to take advantage of the continued future rental growth in the area.
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Interior
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Suburban
Roof Type Composition
Total Parking Spaces 6
Private Pool No
Building
Lot Description Landscaped, Level
Faces West
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 26717102
Energy Description 300.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Adam Alcaraz • Coldwell Banker Res. Brokerage
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "