Listing ID: OC22158745
Price: $1,100,000
Status: ACTIVE
Address: 1540 W Ball Road
City: Anaheim
State: California
Postal Code: 92802
SqFt: 2,634
Acres: 0.061
County: Orange
Anaheim
CA
92802
1540 West Ball Road #21 is part of the larger Regency Plaza Apartment Homes community. The offering is a professionally managed and maintained community that offers a unique ownership opportunity with very limited landlord responsibilities. The property consists exclusively of junior one-bedroom floor plans and offers amenities including a swimming pool, spa, dry sauna, clubhouse, gated access, tuck-under and surface parking, on-site laundry facilities, and dual-pane windows. The tenant demand for this location is great and the community has a long waiting list for prospective new tenants. 1540 West Ball Road #21 is within 1 mile of Disneyland, the premier employer in Anaheim and just over 1 mile from the Anaheim GardenWalk, a 460,000 square-foot retail center offering residents a plethora of shopping, dining, and entertainment options. Additionally, 1540 West Ball Road #21 is within 3 miles of the Platinum Triangle, an ongoing project that is revitalizing the city and introducing numerous new jobs and amenities for residents. The property benefits from its close proximity to Interstate 5, connecting residents to employment hubs throughout Orange and Los Angeles Counties. 1540 West Ball Road #21 is a unique four-unit apartment property with very little management needs and easy upside potential in cash flow.1540 West Ball Road #21 is part of the larger Regency Plaza Apartment Homes community. The offering is a professionally managed and maintained community that offers a unique ownership opportunity with very limited landlord responsibilities. The property consists exclusively of junior one-bedroom floor plans and offers amenities including a swimming pool, spa, dry sauna, clubhouse, gated access, tuck-under and surface parking, on-site laundry facilities, and dual-pane windows. The tenant demand for this location is great and the community has a long waiting list for prospective new tenants. 1540 West Ball Road #21 is within 1 mile of Disneyland, the premier employer in Anaheim and just over 1 mile from the Anaheim GardenWalk, a 460,000 square-foot retail center offering residents a plethora of shopping, dining, and entertainment options. Additionally, 1540 West Ball Road #21 is within 3 miles of the Platinum Triangle, an ongoing project that is revitalizing the city and introducing numerous new jobs and amenities for residents. The property benefits from its close proximity to Interstate 5, connecting residents to employment hubs throughout Orange and Los Angeles Counties. 1540 West Ball Road #21 is a unique four-unit apartment property with very little management needs and easy upside potential in cash flow.

Primary Features

County: Orange
Price Before Reduction: 1200000
Price Reduction Date: 2022-09-07T23:43:09+00:00
Property Type: 2-4 Units
Zoning: Assessor

Interior

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

External

Entry Only: no
Lot Size: 1-3,999 SF
Number of Buildings: 1
Number of Units: 4
Site: Curbs, Sidewalks

Location

Topography: Level
Zip/Area: OC - ANAHEIM (92802)

Additional

Property Type: 2-4 UNITS
Supplement: 1540 West Ball Road #21 is part of the larger Regency Plaza Apartment Homes community. The offering is a professionally managed and maintained community that offers a unique ownership opportunity with very limited landlord responsibilities. The property consists exclusively of junior one-bedroom floor plans and offers amenities including a swimming pool, spa, dry sauna, clubhouse, gated access, tuck-under and surface parking, on-site laundry facilities, and dual-pane windows. The tenant demand for this location is great and the community has a long waiting list for prospective new tenants. 1540 West Ball Road #21 is within 1 mile of Disneyland, the premier employer in Anaheim and just over 1 mile from the Anaheim GardenWalk, a 460,000 square-foot retail center offering residents a plethora of shopping, dining, and entertainment options. Additionally, 1540 West Ball Road #21 is within 3 miles of the Platinum Triangle, an ongoing project that is revitalizing the city and introducing numerous new jobs and amenities for residents. The property benefits from its close proximity to Interstate 5, connecting residents to employment hubs throughout Orange and Los Angeles Counties. 1540 West Ball Road #21 is a unique four-unit apartment property with very little management needs and easy upside potential in cash flow.

Financial

Annual Expense Actual: 32963
CFD/Mello-Roos Fee: 974
CFD/Mello-Roos Fee Reflct: Year
Gross Scheduled Income Actual: 72240
Home Owner Fees: 1435
Home Owners Fee Includes: Gated Community, Water
Home Owners Payment Frequency: Monthly
Sale/Rent: For Sale
Terms: Exchange
Unit 1 Rent Actual: 6020

Zoning Info


Area Info


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Listing courtesy of Marcus & Millichap RE Invest

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