Listing ID: PW23031823
Price: $1,500,000
Price/SqFt: $392.67
Status: Pending
Address: 2647 E Park Lane
City: Anaheim
State: California
Postal Code: 92806
SqFt: 3,820
Acres: 0.210
County: Orange
Subdivision: Other (OTHR)
Anaheim
CA
92806
ALL RENTS HAVE BEEN RAISED EXCEEDING PREVIOUS PERFORMA FOR THIS INCOME GENERATING - SUPER CLEAN PROPERTY. ALL UNITS ARE 2 + 2 WITH LARGE PATIOS. EACH UNIT HAS A SINGLE CAR GARAGE - ADDED INCOME IS GENERATED FROM THE 5TH GARAGE. THESE UNITS ARE VERY SPACIOUS - HAVE BEEN REMODELED INCLUDING NEWER KITCHENS AND BATH - NEWER WINDOWS - NEWER TILE FLOORING - RECENTLY PAINTED - PLUS A REPIPE OF PEX PLUMBING THROUGHOUT. ALL UNITS WITH SEPARATE ELECTRIC AND GAS METERS KEEP OPERATING EXPENSE LOW. PRIVATE LAUNDRY ROOM CAN GENERATE EXTRA INCOME. THIS GREAT RENTAL PROPERTY IS ON A SIZABLE LOT - IN A GREAT RENTAL AREA - ON A TREE LINED STREET - BORDERING THE CITY OF PLACENTIA.

Primary Features

County: Orange
Price/SqFt: 392.67
Property Sub Type: Quadruplex
Property Type: Residential Income
Subdivision: Other (OTHR)
Year Built: 1965

Interior

Appliances: yes
Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood, Water Heater
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area: 950
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: Wall/Window Unit(s)
Fireplace: no
Fireplace Features: None
Flooring: Carpet, Laminate, Tile
Garage Spaces: 5
Heating: yes
Heating Type: Wall Furnace
Interior Features: Balcony, Granite Counters, Pantry, Unfurnished
Laundry: yes
Laundry Features: Community, Gas Dryer Hookup, Individual Room
Levels: Two
Number Wall AC: 4
Number With Dishwasher: 4
Number With Disposal: 4
Number With Patio: 4
Number With Range: 4
Number With Refrigerator: 4
Room Type: Living Room, Master Bathroom, Master Bedroom
Spa: no
Spa Features: None
Stories Total: 2

External

Lot Features: Lot 6500-9999, Level
Lot Size Area: 9148
Lot Size Source: Assessor
Lot Size Square Feet: 9148
Number Of Buildings: 2
Other Structures: Storage
Parking Features: None, Garage, Garage - Single Door, Street
Parking Total: 5
Pool Features: None
Private Pool: no
Property Attached: no
Road Frontage Type: City Street
Road Surface Type: Maintained
Sewer: Public Sewer
View: no
View Type: None
Water Source: Public
Window Features: Double Pane Windows

Location

Country: US
Elevation Units: Feet
MLS Area Major: 78 - Anaheim East of Harbor
Subdivision Name Other: None

Additional

Additional Parcels: no
Assessments: Special Assessments
Community Features: Sidewalks, Street Lights
Days On Market: 8
List Agent State License: 00872349
List Office State License: 01914956
Lot Size Units: Square Feet
New Construction: no
Number Of Rented Garages: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 1
Number Of Units Leased: 4
Number Of Units Total: 4
Parcel Number: 34429144
Senior Community: no
Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
Year Built Source: Assessor

Financial

Electric Expense: 372
Fuel Expense: 204
Garage Income: 1200
Garage Rental Rate: 100
Gardener Expense: 1440
Gross Scheduled Income: 108600
Insurance Expense: 1200
Land Lease: no
Laundry Equipment Own Lease: Own
Net Operating Income: 103131
Operating Expense: 5469
Other Income Description: Wasker/Dryer Income not includ
Price Per Unit: 375000
Rent Control: no
Special Listing Conditions: Standard
Tax Census Tract: 117.20
Tax Lot: 12
Tax Tract Number: 4081
Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Total Actual Rent: 8675
Total Expenses: 5694
Water Sewer Expense: 2478

Zoning Info


Area Info


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Listed by: Margo Cagle, DRE #00872349 from SRG Properties 714-418-5838

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