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732 N East Street

Anaheim, CA 92805
  • $3,250,000
  • STATUS: Active
  • ON SITE: 228 Days
  • ID#: OC22226026
UPDATED: 62 min ago
$3,250,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Listing Agent(s): Ari Gharib of Lfa Multifamily Inc. (714-335-5227)


Description

The subject property is a seven-unit apartment building strategically located in an Anaheim, CA opportunity zone near the corner of La Palma Ave. and N East St. Built in 1987, the subject property boasts an excellent unit mix of seven (7) 2 Bed / 2 Bath units with city approved plans to add two-additional 1B/1B ADU units within the attached garages. Other amenities include washer/dryer hookups, private garage/carport parking, individual heaters, private patios, separate utility meters, central air-conditioning, and a bonus storage room for the property owner. Single-story construction, an oversized 20,594 square foot parcel, and a premium North Orange County location all serve to provide tenants convenience, security, and overall enjoyment of the property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T17:38:46.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/134182573
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732 N East Street Anaheim, CA 92805

  • Price: $3,250,000
  • Status: Active
  • On Site: 228 Days
  • Updated: 62 min ago
  • ID#: OC22226026
0
Beds
0
Baths
0
½ Baths
0.47
Acres
1987
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
The subject property is a seven-unit apartment building strategically located in an Anaheim, CA opportunity zone near the corner of La Palma Ave. and N East St. Built in 1987, the subject property boasts an excellent unit mix of seven (7) 2 Bed / 2 Bath units with city approved plans to add two-additional 1B/1B ADU units within the attached garages. Other amenities include washer/dryer hookups, private garage/carport parking, individual heaters, private patios, separate utility meters, central air-conditioning, and a bonus storage room for the property owner. Single-story construction, an oversized 20,594 square foot parcel, and a premium North Orange County location all serve to provide tenants convenience, security, and overall enjoyment of the property.
Exterior Features

Lot Features LandscapedNear Public TransitPaved Number Of Separate Electric Meters 8 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes

Property Features

Additional Parcels YN No Cap Rate 3.23 Common Interest None Community Features BikingCurbsGutter(S)Street LightsSidewalksUrban Electric Expense 840 Fuel Expense 0 Garage YN Yes Gross Income 163800 Gross Scheduled Income 163800 Insurance Expense 2700 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 420 Net Operating Income 104926 New Construction YN No New Taxes Expense 36013 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 7 Operating Expense 53293 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 4914 Water Sewer Expense 4200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T17:38:46.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Ari Gharib of Lfa Multifamily Inc. (714-335-5227)