Listing ID: OC22092303
Price: $1,500,000
Status: ACTIVE
Address: 306 S Knott Avenue
City: Anaheim
State: California
Postal Code: 92804
SqFt: 7,841
Acres: 0.180
County: Orange
Anaheim
CA
92804
Built in 1961, the subject property consists of one four-unit building totaling 3,652 sq. ft. on a 7,841 sq. ft. lot. This four-unit offering is comprised of one (two-bedroom/two-bathroom), and three (two-bedroom/one-bathroom) units. The subject property is in the strong rental market of West Anaheim near the corner of Knott and Lincoln Ave. The subject property also boasts garage parking, separate utility meters, and a central courtyard all of which support tenant convenience and security. Tenants of the property can enjoy being centrally located to shopping, restaurants, Disneyland, Angels Stadium, and Knott's Berry Farm. All tenants are current and rental amounts are actual rents. The expenses for a new buyer are estimated.Built in 1961, the subject property consists of one four-unit building totaling 3,652 sq. ft. on a 7,841 sq. ft. lot. This four-unit offering is comprised of one (two-bedroom/two-bathroom), and three (two-bedroom/one-bathroom) units. The subject property is in the strong rental market of West Anaheim near the corner of Knott and Lincoln Ave. The subject property also boasts garage parking, separate utility meters, and a central courtyard all of which support tenant convenience and security. Tenants of the property can enjoy being centrally located to shopping, restaurants, Disneyland, Angels Stadium, and Knott's Berry Farm. All tenants are current and rental amounts are actual rents. The expenses for a new buyer are estimated.

Primary Features

County: Orange
Property Type: 2-4 Units
Zoning: Public Rec

Interior

Levels: 2 Story
Total Stories: 2
Unit 1 Number of Bedrooms: 2
Unit 1 Number Total Baths: 2
Unit 2 Number of Bedrooms: 2
Unit 2 Number Total Baths: 1
Unit 3 Number Bedrooms: 2
Unit 3 Number Total Baths: 1
Unit 4 Number of Bedrooms: 2
Unit 4 Number Total Baths: 1
Unit Number for Unit 1: 1
Unit Number for Unit 2: 2
Unit Number for Unit 3: 3
Unit Number for Unit 4: 4

External

Entry Only: no
Lot Size: 7,500-10,889 SF
Number of Buildings: 1
Number of Units: 4
Pool: N/K
Site: Sidewalks

Location

Zip/Area: OC - ANAHEIM (92804)

Additional

Property Type: 2-4 UNITS
Supplement: Built in 1961, the subject property consists of one four-unit building totaling 3,652 sq. ft. on a 7,841 sq. ft. lot. This four-unit offering is comprised of one (two-bedroom/two-bathroom), and three (two-bedroom/one-bathroom) units. The subject property is in the strong rental market of West Anaheim near the corner of Knott and Lincoln Ave. The subject property also boasts garage parking, separate utility meters, and a central courtyard all of which support tenant convenience and security. Tenants of the property can enjoy being centrally located to shopping, restaurants, Disneyland, Angels Stadium, and Knott's Berry Farm. All tenants are current and rental amounts are actual rents. The expenses for a new buyer are estimated.

Financial

Annual Expense Actual: 26533
Cap Rate Actual: 2.62
CFD/Mello-Roos Fee: 992
CFD/Mello-Roos Fee Reflct: Year
Gross Rent Multiplier Act: 21.87
Gross Scheduled Income Actual: 68580
Sale/Rent: For Sale
Terms: Cash
Unit 1 Rent Actual: 1380
Unit 2 Rent Actual: 1355
Unit 3 Rent Actual: 1350
Unit 4 Rent Actual: 1550

Zoning Info


Area Info


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Listing courtesy of LFA Multifamily Inc.

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