Listing ID: OC22092303
Price: $1,500,000
Price/SqFt: $410.73
Status: Active
Address: 306 S Knott Avenue
City: Anaheim
State: California
Postal Code: 92804
SqFt: 3,652
Acres: 0.180
County: Orange
Subdivision: Other (OTHR)
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.

Primary Features

County: Orange
Price/SqFt: 410.73
Property Type: Residential Income
Subdivision: Other (OTHR)
Year Built: 1961

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: 5
Laundry: yes
Laundry Features: Common Area
Levels: Two
Stories Total: 2

External

Lot Features: Garden
Lot Size Area: 7841
Lot Size Source: Plans
Lot Size Square Feet: 7841
Number Of Buildings: 1
Parking Total: 5
Pool Features: None
Private Pool: no
Property Attached: no
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 72 - Orange & Garden Grove, E of Harbor, N of 22 F
Subdivision Name Other: None

Additional

Additional Parcels: no
Community Features: Sidewalks
Days On Market: 15
List Agent State License: 01981194
List Office State License: 02126300
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 5
Number Of Separate Water Meters: 1
Number Of Units Leased: 4
Number Of Units Total: 4
Parcel Number: 13534102
Senior Community: no
Year Built Source: Public Records

Financial

Cap Rate: 2.62
Electric Expense: 360
Fuel Expense: 1800
Gardener Expense: 940
Gross Multiplier: 21.87
Gross Scheduled Income: 68580
Gross Spendable Income: 18902
Insurance Expense: 1278
Land Lease: no
Net Operating Income: 39302
New Taxes Expense: 17755
Operating Expense: 29277
Price Per Unit: 375000
Rent Control: yes
Special Listing Conditions: Standard
Tax Census Tract: 869.01
Tax Lot: 1
Tax Tract Number: 3552
Total Actual Rent: 67380
Total Expenses: 26533
Trash Expense: 2400
Vacancy Allowance Rate: 3
Water Sewer Expense: 2000

Zoning Info


Area Info


© 2022. 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 Friday, May 20th, 2022.

Based on information from CARETS as of Friday, May 20th, 2022 07:29:51 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.

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Listing Agent: Ari Gharib, DRE #01981194 from LFA Multifamily Inc.
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Listing Agent: Ari Gharib, DRE #01981194 from LFA Multifamily Inc.
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Listing Agent: Ari Gharib, DRE #01981194 from LFA Multifamily Inc.

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