Listing ID: PW22187520
Price: $1,600,000
Price/SqFt: $431.27
Status: Active
Address: 3504 W Mungall Drive
City: Anaheim
State: California
Postal Code: 92804
SqFt: 3,710
Acres: 0.218
County: Orange
Subdivision: Other (OTHR)
Anaheim
CA
92804
The Mungall Drive 4-plex apartments present an excellent investment opportunity for owner occupant or investor. The structure is 3,710 square feet and sits atop a large 9,500 square foot corner lot. The units are single story construction and all four apartments are two bedrooms; (1) 2 bed 1.5 bath and (3) 2 bed 1 bath. Tenants enjoy enclosed patios, a large balcony (upstairs unit), an onsite laundry facility, and enclosed garage parking. Monthly ownership costs are low as the units are separately metered for gas and electric. The subject property is located on a quiet cul-de-sac street off Knott Avenue, just a few blocks from Cypress College along with numerous shopping and entertainment venues. GSI, cap rate and GRM figures are based on proforma rents which are representative of the rental amounts after the allowable rental increases are issued.

Primary Features

County: Orange
Price/SqFt: 431.27
Property Type: Residential Income
Subdivision: Other (OTHR)
Year Built: 1961
Zoning: R-4

Interior

Appliances: yes
Appliances: Dishwasher, Gas Oven
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area: 975
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
Garage Spaces: 5
Heating: yes
Heating Type: Forced Air
Laundry: yes
Laundry Features: Community
Levels: Two
Number With Disposal: 4
Number With Range: 4
Stories Total: 2

External

Lot Features: Rectangular Lot
Lot Size Area: 9486
Lot Size Source: Assessor
Lot Size Square Feet: 9486
Number Of Buildings: 1
Parking: yes
Parking Features: Garage Faces Rear
Parking Total: 7
Pool Features: None
Private Pool: no
Property Attached: no
Sewer: Public Sewer
Uncovered Spaces: 2
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 79 - Anaheim West of Harbor
Subdivision Name Other: None

Additional

Additional Parcels: no
Association: no
Community Features: Street Lights
List Agent State License: 01488586
List Office State License: 01220368
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 5
Number Of Separate Water Meters: 1
Number Of Units Total: 4
Parcel Number: 13446127
Senior Community: no
Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Year Built Source: Assessor

Financial

Cap Rate: 3.22
Electric Expense: 1100
Fuel Expense: 600
Gardener Expense: 900
Gross Multiplier: 19.59
Gross Operating Income: 72110
Gross Scheduled Income: 81864
Insurance Expense: 1500
Land Lease: no
Laundry Equipment Own Lease: Lease
Laundry Income: 900
Maintenance Expense: 2884
Net Operating Income: 51548
New Taxes Expense: 18591
Operating Expense: 27775
Price Per Unit: 400000
Rent Control: no
Special Listing Conditions: Standard
Tax Census Tract: 1102.02
Tax Lot: 16
Tax Tract Number: 3591
Tenant Pays: Cable TV, Electricity, Gas
Total Expenses: 27775
Trash Expense: 1100
Vacancy Allowance: 2451
Water Sewer Expense: 1100

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. Last updated Thursday, September 29th, 2022.

Based on information from CARETS as of Thursday, September 29th, 2022 07:47:28 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.

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
Listing Agent: Michael Arp, DRE #01488586 from Morgan Skenderian 949-251-8800

Request More Information - Listing ID PW22187520

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":"PW22187520","extra":"3504-W-Mungall-Drive-Anaheim-CA-92804","type":"moreinfo"}
https://www.century21award.com
details.php
https://search.century21award.com
details
http://century21award.idxbroker.com/idx/results/listings?pt=sfr