Listing ID: OC22226026
Price: $3,250,000
Price/SqFt: $481.48
Status: Active
Address: 732 N East Street
City: Anaheim
State: California
Postal Code: 92805
SqFt: 6,750
Acres: 0.473
County: Orange
Anaheim
CA
92805
The subject property is a seven-unit apartment building strategically located in an Anaheim, CA opportunity zone near the corner of La Palma Ave. and N East St. Built in 1987, the subject property boasts an excellent unit mix of seven (7) 2 Bed / 2 Bath units with city approved plans to add two-additional 1B/1B ADU units within the attached garages. Other amenities include washer/dryer hookups, private garage/carport parking, individual heaters, private patios, separate utility meters, central air-conditioning, and a bonus storage room for the property owner. Single-story construction, an oversized 20,594 square foot parcel, and a premium North Orange County location all serve to provide tenants convenience, security, and overall enjoyment of the property.
Primary Features
County:
Orange
Price/SqFt:
481.48
Property Sub Type:
Commercial/Residential
Property Type:
Residential Income
Year Built:
1987
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
Cooling:
yes
Cooling Type:
Central Air
Garage Spaces:
8
Laundry:
yes
Laundry Features:
Inside
Levels:
One
Stories Total:
1
External
Lot Features:
Landscaped, Near Public Transit, Paved
Lot Size Area:
20594
Lot Size Source:
Public Records
Lot Size Square Feet:
20594
Number Of Buildings:
1
Parking Total:
8
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:
Biking, Curbs, Gutters, Sidewalks, Street Lights, Urban
Days On Market:
101
List Agent State License:
01981194
List Office State License:
02126300
Lot Size Units:
Square Feet
New Construction:
no
Number Of Separate Electric Meters:
8
Number Of Separate Gas Meters:
8
Number Of Separate Water Meters:
1
Number Of Units Leased:
7
Number Of Units Total:
7
Parcel Number:
03524103
Senior Community:
no
Year Built Source:
Public Records
Financial
Cap Rate:
3.23
Electric Expense:
840
Gross Multiplier:
19.84
Gross Operating Income:
158886
Gross Scheduled Income:
163800
Insurance Expense:
2700
Land Lease:
no
Maintenance Expense:
420
Net Operating Income:
104926
New Taxes Expense:
36013
Operating Expense:
53293
Price Per Unit:
464286
Rent Control:
no
Special Listing Conditions:
Standard
Tax Census Tract:
864.05
Tax Lot:
1
Tax Tract Number:
17
Total Expenses:
53369
Vacancy Allowance:
4914
Water Sewer Expense:
4200
Zoning Info
Area Info
© 2023. 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, March 25th, 2023.
Based on information from CARETS as of Saturday, March 25th, 2023 01:25:30 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.
Based on information from CARETS as of Saturday, March 25th, 2023 01:25:30 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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