For more information on this property, contact Nikki Coppa at 619-471-2000 or info@century21award.com

527 N Anna Drive
Anaheim, California CA 92805-2341
Price: $5,500,000
Listing ID OC22227067
Status Active
Price/SqFt $539.22
SqFt 10,200
Acres 0.330
Year Built 1960

Property Description:

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 Before Reduction: 5900000
Price Reduction Date: 2023-02-03T18:46:09+00:00
Price/SqFt: 539.22
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: 105
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: 4.31
Gardener Expense: 1500
Gross Multiplier: 16.41
Gross Operating Income: 341609
Gross Scheduled Income: 335028
Insurance Expense: 5000
Land Lease: no
Laundry Income: 7840
Maintenance Expense: 6832
Net Operating Income: 237564
New Taxes Expense: 69065
Operating Expense: 74065
Other Expense: 9600
Other Expense Description: On-site
Other Income 1: 8792
Other Income Description: Utility Income
Pest Control Expense: 900
Price Per Unit: 343750
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: 104045
Vacancy Allowance: 10051
Water Sewer Expense: 11148

Zoning Info


Area Info


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