Listing ID: OC20240792
Price: $4,900,000
Price/SqFt: $408.27
Status: Active
Address: 1767 W Sumac Lane
City: Anaheim
State: California
Postal Code: 92804
SqFt: 12,002
Acres: 0.530
County: Orange
Anaheim
CA
92804
1767 West Sumac Lane is an 18-unit multifamily investment property located in Anaheim, CA. Located on a 0.53-acre lot, 1767 West Sumac Lane offers one- and two-bedroom units as well as amenities including professional landscaping, garage parking, and on-site laundry. In recent years, 13 out of the 18 units have been upgraded with new cabinetry and granite countertops. Select units have also received remodeled bathrooms and new vinyl flooring. Additionally, the central courtyard has just been re-surfaced with new concrete.

Primary Features

County: Orange
Price/SqFt: 408.27
Property Type: Residential Income
Year Built: 1959
Zoning: R3

Interior

Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: No Common Walls
Garage Spaces: 18
Laundry: yes
Laundry Features: Community
Levels: Two
Stories Total: 2

External

Lot Features: Landscaped
Lot Size Area: 0.53
Lot Size Source: Assessor
Lot Size Square Feet: 23086.8
Number Of Buildings: 1
Parking Total: 18
Pool Features: None
Private Pool: no
Property Attached: no
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 699 - Not Defined

Additional

Additional Parcels: no
Community Features: Curbs, Sidewalks
Days On Market: 169
List Agent State License: 01451551
List Office State License: 00530854
Lot Size Units: Acres
New Construction: no
Number Of Separate Electric Meters: 18
Number Of Separate Gas Meters: 18
Number Of Separate Water Meters: 1
Number Of Units Leased: 18
Number Of Units Total: 18
Parcel Number: 12854204
Senior Community: no
Year Built Source: Assessor

Financial

Electric Expense: 1516
Fuel Expense: 1516
Gross Operating Income: 313635
Gross Scheduled Income: 318180
Insurance Expense: 4182
Land Lease: no
Maintenance Expense: 10800
Net Operating Income: 203327
New Taxes Expense: 60273
Operating Expense: 110308
Other Expense: 19580
Other Expense Description: Misc
Other Income 1: 5000
Other Income Description: Miscellaneous
Professional Management Expense: 9409
Rent Control: yes
Special Listing Conditions: Standard
Tax Census Tract: 876.02
Tax Lot: 4
Tax Tract Number: 3258
Total Actual Rent: 26515
Total Expenses: 110308
Trash Expense: 1516
Vacancy Allowance: 9545
Water Sewer Expense: 1516

Zoning Info


Area Info


© 2021. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Last updated Wednesday, October 27th, 2021.

Based on information from CARETS as of Wednesday, October 27th, 2021 11:57:19 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing courtesy of Tyler Leeson, DRE #01451551 from Marcus & Millichap RE Invest

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