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1318 N FASHION LN Anaheim, CA 92806
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Key Details
Sold Price $1,380,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $336
MLS Listing ID 22-171951
Sold Date 08/03/22
Year Built 1965
Lot Size 9,583 Sqft
Acres 0.22
Property Description
4 plex in Anaheim. Conveniently located and has great potential. currently all units are occupied and rents are current. The building needs little updating but the bones are great. Rents are below market but it has great potential to increase the rent. All units are 2 bedrooms and 2 bath. Huge patio for all units. Easy to maintain and manage. Potential rent can be $105,600 per year (6.57%) once all the rents are at current market value. There are detached 5 car garage. Manager has sent out a rent increase notice and new rent will be $75,960 (per year) starting september 1.
Location
State CA
County Orange
Area Anaheim East Of Harbor
Zoning R4
Rooms
Other Rooms None
Interior
Heating Floor Furnace
Cooling Ceiling Fan, Wall Unit(s)
Flooring Carpet, Laminate, Tile
Equipment Dishwasher, Ceiling Fan, Garbage Disposal, Refrigerator, Range/Oven
Laundry Community
Exterior
Parking Features Garage - 4+ Car, Garage Is Detached
Garage Spaces 5.0
View Y/N No
View None
Roof Type Composition
Building
Story 2
Level or Stories Two
Structure Type Brick
Others
Special Listing Condition Standard
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Bought with RE/MAX TerraSol
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