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    422 W Orangewood Avenue , #422

    Anaheim, CA 92802
    • $845,000
    • STATUS: Active Under Contract
    • ON SITE: 150 days
    • ID#: OC20075978
    Under Contract
    UPDATED: 50 min ago
    $845,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,434
      SQFT
    • $246
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Price Reduced and Rental Income Increased! Investors Dream!Amazing location 4-Plex. Great property with all four units rented with stable tenants Two-story "Townhouse Style" type 4-plex in excellent Anaheim location with community pool! Near 5 freeway and approximately 2+ miles to Disneyland. Total 3,434 sq ft per Assessor. Each unit features a private patio and balcony with sliding doors. 2-story units with a large downstairs living room open to the kitchen with a pantry and a 1/4 bath. The upstairs loft style bedroom has a walk-in closet, full bathroom and huge living space. The open balcony off from the upstairs bedroom and the enclosed downstairs patio are added bonus for the tenants. Units have been upgraded / improved. Very high demand rental area and units rent quickly. Includes 2 single garages, and 1 double car garage. The best part for any investor is that the HOA covers most of the exterior maintenance including roof, as well as water, trash, pool-man, exterior termite, gardener, Fire Insurance, plus an on-site property manager! *Lot size is based off Public Records, Buyer to verify. Please drive by only, do not disturb tenants. The property is subject to 1031 exchange with no cost to the buyer. The property will be sold AS IS.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-18T17:31:54.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/105155440
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    422 W Orangewood Avenue , #422 Anaheim, CA 92802

    • Price: $845,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • ID#: OC20075978
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,434
    SQFT
    $246
    $/SQFT
    1964
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    78 - Anaheim East of Harbor
    Property Description
    Price Reduced and Rental Income Increased! Investors Dream!Amazing location 4-Plex. Great property with all four units rented with stable tenants Two-story "Townhouse Style" type 4-plex in excellent Anaheim location with community pool! Near 5 freeway and approximately 2+ miles to Disneyland. Total 3,434 sq ft per Assessor. Each unit features a private patio and balcony with sliding doors. 2-story units with a large downstairs living room open to the kitchen with a pantry and a 1/4 bath. The upstairs loft style bedroom has a walk-in closet, full bathroom and huge living space. The open balcony off from the upstairs bedroom and the enclosed downstairs patio are added bonus for the tenants. Units have been upgraded / improved. Very high demand rental area and units rent quickly. Includes 2 single garages, and 1 double car garage. The best part for any investor is that the HOA covers most of the exterior maintenance including roof, as well as water, trash, pool-man, exterior termite, gardener, Fire Insurance, plus an on-site property manager! *Lot size is based off Public Records, Buyer to verify. Please drive by only, do not disturb tenants. The property is subject to 1031 exchange with no cost to the buyer. The property will be sold AS IS.
    Exterior Features

    Construction Materials StuccoWood Siding Exterior Features Satellite Dish Garage Spaces 4.00 Lot Features LandscapedLawnLevel With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 4.00 Parking YN Yes Pool Features CommunityFencedIn Ground Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Shingle

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Laundry Features Community Levels Two Room Type All Bedrooms Up

    Property Features

    Additional Parcels YN No Association Amenities PoolInsuranceMaintenance GroundsTrashSewerWaterManagement Association Fee 840.00 Association Fee Frequency Monthly Association YN Yes Building Area Units Square Feet Cap Rate 5.62 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 70200.00 Gross Scheduled Income 70200.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2000.00 Net Operating Income 47495.00 New Construction YN No New Taxes Expense 10625.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 4 Number With Range 4 Operating Expense 22705.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Holiday Harbor II Tenant Pays Electricity Total Actual Rent 5650.00 Total Expenses 22705.00 Trash Expense 0.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Joseph Sparacino of Joseph Sparacino, Broker and Carlo Sparacino of Joseph Sparacino, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-18T17:31:54.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555