Listing ID: OC22158745
Price: $1,100,000
Price/SqFt: $520.83
Status: Active
Address: 1540 W Ball Road
City: Anaheim
State: California
Postal Code: 92802
SqFt: 2,112
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.

Primary Features

County: Orange
Price Before Reduction: 1200000
Price Reduction Date: 2022-09-07T22:40:36+00:00
Price/SqFt: 520.83
Property Type: Residential Income
Year Built: 1970

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
Laundry: yes
Laundry Features: Community
Levels: Two
Stories Total: 2

External

Carport Spaces: 4
Lot Features: Lawn, Level with Street
Lot Size Area: 2634
Lot Size Source: Assessor
Lot Size Square Feet: 2634
Number Of Buildings: 1
Parking Total: 4
Pool Features: Association
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
Assessments: Special Assessments
Association: yes
Association Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Clubhouse, Water, Controlled Access
Community Features: Curbs, Sidewalks
Days On Market: 50
List Agent State License: 01451551
List Office State License: 00530854
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: 1
Number Of Units Leased: 4
Number Of Units Total: 4
Parcel Number: 93189421
Senior Community: no
Year Built Source: Assessor

Financial

Association Fee: 1435
Association Fee Frequency: Monthly
Gross Operating Income: 72240
Gross Scheduled Income: 72240
Land Lease: no
Maintenance Expense: 1500
Net Operating Income: 39277
New Taxes Expense: 12469
Operating Expense: 32963
Other Expense: 18994
Other Expense Description: HOA/Misc
Price Per Unit: 275000
Rent Control: yes
Special Listing Conditions: Standard
Tax Census Tract: 876.01
Tax Lot: 1
Tax Tract Number: 10854
Total Actual Rent: 6020
Total Expenses: 32963

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. Any correspondence from IDX pages are routed to Century 21 Award or one of their associates. Last updated Saturday, December 3rd, 2022.

Based on information from CARETS as of Saturday, December 3rd, 2022 08:22:28 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.
#IDX-primaryPhoto,#idx-details-header,#IDX-listingMediaLinks
Listed by: Tyler Leeson, DRE #01451551 from Marcus & Millichap RE Invest

Request More Information - Listing ID OC22158745

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Data services provided by IDX Broker
{"page":"listing","idxID":"d025","listingID":"OC22158745","extra":"1540-W-Ball-Road-Anaheim-CA-92802","type":"moreinfo"}
https://www.century21award.com
details.php
https://search.century21award.com
details
http://century21award.idxbroker.com/idx/results/listings?pt=sfr