Listing ID: 22227961
Price: $1,800,000
Price/SqFt: $523.56
Status: Active Under Contract
Address: 705 W Provential Drive
City: Anaheim
State: California
Postal Code: 92805
SqFt: 3,438
Acres: 0.210
County: Orange
Anaheim
CA
92805
Rare 4plex Investment property within 10 mins Disneyland and Knotts Berry Farm which features (4) 2 bedroom 1 bath recently renovated units with laundry Facilities on the premises. (6) Private garages, Three long-term tenants that are on month to month leases, and one unit is vacant. Three of the unit come with private backyards. The units are separately metered. GREAT income-producing property, rents have doubled within the year. Current Rents (1) $2900 (2) $2800 (1) $2700. No rent control, Tenants are month to month. (2) garages are rented at $100 per each.

Primary Features

County: Orange
Price/SqFt: 523.56
Property Type: Residential Income
Year Built: 1961

Interior

Appliances: yes
Appliances: Dishwasher, Microwave, Refrigerator, Gas Cooktop
Cooling: no
Cooling Type: None
Fireplace: yes
Fireplace Features: Living Room
Flooring: Vinyl
Garage Spaces: 6
Heating: no
Heating Type: None
Laundry: yes
Laundry Features: Community
Spa: no
Spa Features: None
Stories Total: 2

External

Architectural Style: Mid Century Modern
Lot Size Area: 9148
Lot Size Dimensions: 72x127
Lot Size Square Feet: 9148
Number Of Buildings: 1
Parking: yes
Parking Features: Private
Parking Total: 6

Location

Country: US
MLS Area Major: 79 - Anaheim West of Harbor

Additional

Additional Parcels: no
Association: no
Co List Agent State License: 02061063
Co List Office State License: 02126121
Days On Market: 19
List Agent State License: 02103881
List Office State License: 02126121
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 4
Number Of Units Leased: 3
Number Of Units Total: 4
Parcel Number: 03618311
Property Condition: Updated/Remodeled
Senior Community: no

Financial

Cap Rate: 6.4
Gross Operating Income: 134400
Insurance Expense: 3000
Land Lease: no
Laundry Income: 1200
Net Operating Income: 134400
New Taxes Expense: 2991
Other Income 1: 129600
Rent Control: no
Special Listing Conditions: Standard
Total Expenses: 14391
Vacancy Allowance Rate: 1

Zoning Info


Area Info


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Listed by: Jerica Jensen, DRE #02103881 from The Beverly Hills Estates

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