Anaheim, CA 92802,924 S Arden Pl
Anaheim, CA 92802,924 S Arden Pl
Anaheim, CA 92802,924 S Arden Pl
6
$2,640,000
$2,800,000
5.7%
Est.Price: ?

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12 BD
12 BA
8,636 SqFt

924 S Arden Pl Anaheim, CA 92802

Est. payment /mo
SOLD DATE : 01/24/2024

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Key Details

Sold Price $2,640,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 8,636 sqft

Price per Sqft $305

MLS Listing ID 23-323265

Sold Date 01/24/24

Bedrooms 12

Year Built 1960

Lot Size 0.300 Acres

Acres 0.3

Property Description

We are pleased to offer the opportunity to acquire 924 South Arden Place, a 10-unit apartment building nestled in the heart of Anaheim. Constructed in 1960, this 8,640 SqFt building sits on a large corner lot featuring a great unit mix of eight (8) one-bedroom/one-bathroom units, and two (2) two-bedroom/two-bathroom units which caters to a diverse tenant base. One of its standout features is the abundance of on-site parking which includes six (6) double-car garages situated at the rear of the building, and featuring an on-site laundry facility for additional income and convenience. This is an incredible opportunity for an investor to capitalize on the 30% rental upside potential by executing a strategic renovation plan to substantially boost net income. With this rare buying opportunity, an investor will enjoy a healthy rental income year 1, the ability to capture the significant upside potential, and take advantage of the fundamentals fueling the rental neighborhood of Anaheim for years to come.

Location

State CA

County Orange

Area Anaheim West Of Harbor

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Garage Is Detached

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services
Bought with GoGo Realtors R.H. Corp

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Herman Singh

Broker

+1(310) 625-6175

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