Listing ID: OC21119604
Price: $4,995,000
Price/SqFt: $1,371.12
Status: Active
Address: 1459 S Anaheim Boulevard
City: Anaheim
State: California
Postal Code: 92805
SqFt: 3,643
County: Orange
Anaheim
CA
92805
HUGE PRICE REDUCTION!!! SELLER ENTERTAINING ALL REASONABLE OFFERS!! Great Development opportunity with +/-37,000SF Lot!! Currently property has three tenants and receiving approximately $144,000/annual income! Near Disneyland, great possibilities for future growth!! Property has approximately 400 feet of frontage on Anaheim Blvd. High traffic counts and well located near busy intersection and future Anaheim Growth! Next door Toll Brothers is developing (in process) +/- 300 residential for sale units adjacent to subject property. Anaheim is continuing their redevelopment strategies for unforeseeable future. Very close to Disneyland and just off the 5 freeway! Property is producing almost $12,000/month of income to off set costs while new owner develops land! TRUE VALUE IN THE LAND!! GREAT INVESTMENT OPPORTUNITY!! The current income will offset monthly mortgage while working with the city and developing the land!! WIN WIN!!

Primary Features

County: Orange
Price Before Reduction: 5250000
Price Reduction Date: 2021-09-22T21:44:26+00:00
Price/SqFt: 1371.12
Property Sub Type: Specialty
Property Type: Commercial Sale
Year Built: 1930

Interior

Building Area Units: Square Feet
Condo Area Units: Square Feet
Laundry Features: None
Stories Total: 1

External

Lot Size Source: Assessor
Minimum Total Area Units: Square Feet
Number Of Buildings: 2
Water Source: Public

Location

Country: US
MLS Area Major: 78 - Anaheim East of Harbor
Street Number: -1475

Additional

Additional Parcels: no
Building Status: Existing
Co List Agent State License: 00514938
Co List Office State License: 01764323
Days On Market: 139
Land Use: Other
List Agent State License: 01333796
List Office State License: 01764323
Max Total Area Units: Square Feet
Number Of Units Leased: 3
Parcel Number: 08218546
Start Showing Date: 2021-06-03T00:00:00+00:00

Financial

Accounting Type: Actual
Cap Rate: 2.6
Current Financing: Conventional
Expense Year: 2021
Gross Scheduled Income: 143892
Insurance Expense: 1908
Net Operating Income: 128692
Real Estate Tax Expense: 12400
Special Listing Conditions: Standard
Tax Annual Amount: 12400
Total Expenses: 14308

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 Monday, October 25th, 2021.

Based on information from CARETS as of Monday, October 25th, 2021 03:57:33 AM. 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 Doug Merlino, DRE #01333796 from Beach Pointe Properties Inc 714-848-4700

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