Listing ID: OC22227067
Price: $6,300,000
Price/SqFt: $617.65
Status: Active
Address: 527 N Anna Drive
City: Anaheim
State: California
Postal Code: 92805
SqFt: 10,200
Acres: 0.330
County: Orange
Anaheim
CA
92805
16-unit investment opportunity located at 527 N Anna Dr, Anaheim, CA 92805. The property is a mix of two bedroom one bath and one bedroom one bath units. Subject property has been recently upgraded to include all new dual pane windows and new paint. The subject property is located within a prime area of Downtown Anaheim, and it is within close proximity to shopping and entertainment centers, schools, parks, government buildings, and more.

Primary Features

County: Orange
Price/SqFt: 617.65
Property Sub Type: Commercial/Residential
Property Type: Residential Income
Year Built: 1960

Interior

Average 1 Bed Area: 600
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area: 750
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: 1 Common Wall
Garage Spaces: 16
Laundry: yes
Laundry Features: Community
Levels: Two
Stories Total: 2

External

Lot Features: Landscaped
Lot Size Area: 14375
Lot Size Source: Assessor
Lot Size Square Feet: 14375
Number Of Buildings: 1
Parking Total: 16
Pool Features: None
Private Pool: no
Property Attached: yes
Sewer: Public Sewer
Water Source: None

Location

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

Additional

Additional Parcels: no
Association: no
Community Features: Sidewalks
Days On Market: 4
List Agent State License: 01931695
List Office State License: 02014153
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 16
Number Of Separate Gas Meters: 16
Number Of Separate Water Meters: 1
Number Of Units Leased: 16
Number Of Units Total: 16
Parcel Number: 07318311
Senior Community: no
Year Built Source: Assessor

Financial

Cap Rate: 3.7
Gardener Expense: 1500
Gross Multiplier: 18.8
Gross Operating Income: 341609
Gross Scheduled Income: 335028
Insurance Expense: 5000
Land Lease: no
Laundry Income: 7840
Maintenance Expense: 6832
Net Operating Income: 232849
New Taxes Expense: 73780
Operating Expense: 78780
Other Expense: 9600
Other Expense Description: On-site
Other Income 1: 8792
Other Income Description: Utility Income
Pest Control Expense: 900
Price Per Unit: 393750
Rent Control: yes
Special Listing Conditions: Standard
Tax Census Tract: 864.05
Tax Lot: 5
Tax Tract Number: 3328
Total Actual Rent: 335028
Total Expenses: 108760
Vacancy Allowance: 10051
Water Sewer Expense: 11148

Zoning Info


Area Info


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Based on information from CARETS as of Saturday, November 26th, 2022 05:07:38 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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Listed by: Brendon Guichet, DRE #01931695 from Uncharted

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