Listing ID: PW21118178
Price: $1,525,000
Price/SqFt: $409.95
Status: Pending
Address: 302 W Palais Road
City: Anaheim
State: California
Postal Code: 92805
SqFt: 3,720
Acres: 0.180
County: Orange
Anaheim
CA
92805
New Rental Income $100,200 Every Year 4 Plex Income Property in Prime Location Close to Disneyland. Ideal for 1031 Exchange. Great Potential to Raise the Property Value & Current Monthly Income $8,350 Immediately with Room to Build One or Two More Units to Existing 4 Unit Complex. Great Investment in the Rising Real Estate Market in the Heart of Orange County. Property Values Keep Rising Year after Year, With Guaranteed Rental Income Month after Month. Great Neighborhood Easy to Rent, Clean & Nice Complex in Great Condition. Each Tenant has Assigned Covered Parking Garage & Open Parking Space within the Complex. Owner has One Parking Garage. Common Coin Laundry Room with Washer & Dryer Available 24 Hours to Tenants. No HOA. No Drive By. No Waiting to See. Very Low Maintenance Cost. Very Easy to Manage with On Site Manager at Minimum Cost. Please Call the Listing Agent J. Rex Perera to See The Building Today.

Primary Features

County: Orange
Price/SqFt: 409.95
Property Type: Residential Income
Year Built: 1962

Interior

Appliances: yes
Appliances: Gas Oven
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
Fireplace: no
Fireplace Features: None
Flooring: Laminate, Tile
Garage Spaces: 5
Laundry: yes
Laundry Features: Common Area, Community, Dryer Included, Washer Included
Levels: Two
Number With Range: 4
Spa: no
Spa Features: None
Stories Total: 2

External

Fence: no
Fencing: None
Lot Features: 2-5 Units/Acre
Lot Size Area: 7841
Lot Size Source: Assessor
Lot Size Square Feet: 7841
Number Of Buildings: 1
Parking Features: Assigned, Covered, Garage, Garage Faces Side, Garage - Single Door, Parking Space, Street
Parking Total: 10
Pool Features: None
Private Pool: no
Property Attached: no
Road Frontage Type: City Street
Road Surface Type: Paved
Sewer: Public Sewer
Uncovered Spaces: 5
View: no
View Type: None
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 79 - Anaheim West of Harbor

Additional

Additional Parcels: no
Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Days On Market: 26
List Agent State License: 01882529
List Office State License: 01882529
Lot Size Units: Square Feet
New Construction: no
Number Of Units Leased: 3
Number Of Units Total: 4
Parcel Number: 08241303
Senior Community: no
Start Showing Date: 2021-06-10T00:00:00+00:00
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Year Built Source: Other

Financial

Electric Expense: 1949
Fuel Expense: 1435
Gardener Expense: 660
Gross Scheduled Income: 100200
Insurance Expense: 1401
Land Lease: no
Laundry Income: 1500
Maintenance Expense: 300
Net Operating Income: 90641
New Taxes Expense: 8880
Operating Expense: 9559
Price Per Unit: 381250
Professional Management Expense: 2664
Rent Control: no
Special Listing Conditions: Standard
Tax Annual Amount: 8880
Tax Census Tract: 874.03
Tax Lot: 28
Tax Tract Number: 3011
Tenant Pays: Cable TV, Electricity, Telephone
Total Actual Rent: 51000
Total Expenses: 18614
Trash Expense: 724

Zoning Info


Area Info


© 2021. 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 Monday, October 25th, 2021.

Based on information from CARETS as of Monday, October 25th, 2021 02:56:59 AM. 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 courtesy of J. Rex Perera, DRE #01882529 from California Century

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