Listing ID: SB21198751
Price: $1,545,000
Price/SqFt: $362.00
Status: Active Under Contract
Address: 1810 W Gramercy Avenue
City: Anaheim
State: California
Postal Code: 92801
SqFt: 4,268
Acres: 0.178
County: Orange
Subdivision: Other (OTHR)
Anaheim
CA
92801
Fully occupied four unit building with month to month tenants. Complex includes a three bedroom, one bath house in the front. Rear building is two story. Two units are two bedroom, one bath each. The fourth unit is one bedroom one bath. Kitchen counters and cabinets upgraded in all units. New Appliances in most of the units installed in 2017. Laminate flooring installed in most of the units in 2017. There is a laundry room with washer/dryer currently not used. There are five garages in the rear building, accessible thru the back alley. Separate gas and electricity meters. Common water heater in laundry room. Convenient location close to freeways, shopping, restaurants, etc.

Primary Features

County: Orange
Price/SqFt: 362
Property Type: Residential Income
Subdivision: Other (OTHR)
Year Built: 1968

Interior

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: 2+ Common Walls
Garage Spaces: 5
Inclusions: Certain Owner owned appliances
Laundry: yes
Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
Levels: Two
Number With Disposal: 4
Number With Range: 4
Number With Refrigerator: 2
Stories Total: 2

External

Lot Features: 0-1 Unit/Acre
Lot Size Area: 7765
Lot Size Source: Assessor
Lot Size Square Feet: 7765
Number Of Buildings: 1
Parking Total: 5
Pool Features: None
Private Pool: no
Property Attached: yes
Sewer: Public Sewer
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
Assessments: None
Community Features: Street Lights
Days On Market: 31
Exclusions: Certain Tenant owned appliances
List Agent State License: 01241927
List Office State License: 01297191
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Units Leased: 4
Number Of Units Total: 4
Parcel Number: 27205501
Senior Community: no
Year Built Source: Assessor

Financial

Cap Rate: 4.8
Electric Expense: 560
Gardener Expense: 1200
Gross Operating Income: 86136
Gross Scheduled Income: 88800
Gross Spendable Income: 74336
Insurance Expense: 1920
Land Lease: no
Net Operating Income: 74336
Operating Expense: 11800
Other Expense: 1400
Other Expense Description: Gas
Pest Control Expense: 650
Price Per Unit: 386250
Professional Management Expense: 4800
Rent Control: no
Special Listing Conditions: Standard
Supplies Expense: 150
Tax Census Tract: 867.02
Tax Lot: 9
Tax Tract Number: 3095
Tenant Pays: Electricity, Gas
Total Actual Rent: 7400
Total Expenses: 11800
Trash Expense: 400
Vacancy Allowance: 2664
Vacancy Allowance Rate: 3
Water Sewer Expense: 600

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 Monday, January 17th, 2022.

Based on information from CARETS as of Monday, January 17th, 2022 09:01:00 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 Agent: Salim Patel, DRE #01241927 from The Realestate Group 310-540-0072
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Listing Agent: Salim Patel, DRE #01241927 from The Realestate Group 310-540-0072
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Listing Agent: Salim Patel, DRE #01241927 from The Realestate Group 310-540-0072

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