411 S Kroeger Street

    Anaheim, CA 92805
    • $1,450,000
    • STATUS: Active Under Contract
    • ON SITE: 22 days
    • ID#: PW20052968
    Under Contract
    UPDATED: 43 min ago
    $1,450,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,681
      SQFT
    • $394
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    (BACK ON THE MARKET. Buyer couldn't perform and had to cancel) Brand new completely remolded pride of ownership 4-plex in Anaheim right behind the Anaheim Packing House. This property has approx. 3,681 Sq Ft of living space and is located on a large lot 6,534 Sq Ft with abundant off-street parking. 4 total garage spaces as each unit has a one car garage with brand new doors and remote access. Significant recent improvements to the property have created beautiful curb appeal. Entire property has been painted, with wood replacement, all units have been upgraded to dual pain windows, new kitchens with granite counter tops. Upstairs decking and railing replaced. There are three 2 bedroom 1 bath downstairs all have small yards in back. Upstairs 3 bedroom 1 bath with front extra large balcony. Onsite Laundry room is shared and coin operated by wash. The yearly gross scheduled income is excellent at $105,600 and still room to raise rent. Tenants pay for all utilities except water (Anaheim bills trash directly to tenants). This property has it all. So hard to find a fully rehabbed building with a going in cap rate of 5+%. Great for Owner Occupant!!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-02T21:29:33.88. 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 Naylor Properties | Compass. Licensed in the State of California, USA.

    www.naylorproperties.com/homes/104021676

    411 S Kroeger Street Anaheim, CA 92805

    • Price: $1,450,000
    • Status: Active Under Contract
    • Updated: 43 min ago
    • ID#: PW20052968
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,681
    SQFT
    $394
    $/SQFT
    1962
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    78 - Anaheim East of Harbor
    Property Description
    (BACK ON THE MARKET. Buyer couldn't perform and had to cancel) Brand new completely remolded pride of ownership 4-plex in Anaheim right behind the Anaheim Packing House. This property has approx. 3,681 Sq Ft of living space and is located on a large lot 6,534 Sq Ft with abundant off-street parking. 4 total garage spaces as each unit has a one car garage with brand new doors and remote access. Significant recent improvements to the property have created beautiful curb appeal. Entire property has been painted, with wood replacement, all units have been upgraded to dual pain windows, new kitchens with granite counter tops. Upstairs decking and railing replaced. There are three 2 bedroom 1 bath downstairs all have small yards in back. Upstairs 3 bedroom 1 bath with front extra large balcony. Onsite Laundry room is shared and coin operated by wash. The yearly gross scheduled income is excellent at $105,600 and still room to raise rent. Tenants pay for all utilities except water (Anaheim bills trash directly to tenants). This property has it all. So hard to find a fully rehabbed building with a going in cap rate of 5+%. Great for Owner Occupant!!!
    Exterior Features

    Garage Spaces 4.00 Lot Features Front YardLandscapedLawn Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Faces RearGarage Door Opener Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    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 2+ Common Walls Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.40 Community Features BikingCurbsSidewalksStreet Lights Country Us Elevation Units Feet Gardener Expense 600.00 Gross Income 106400.00 Gross Operating Income 105600.00 Gross Scheduled Income 105600.00 Insurance Expense 1520.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 800.00 Laundry YN Yes Maintenance Expense 1158.00 Net Operating Income 83560.00 New Construction YN No New Taxes Expense 16872.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number With Disposal 4 Number With Patio 4 Number With Range 4 Operating Expense 22040.00 Property Sub Type Quadruplex Rent Control YN Yes Security Features Card/Code AccessGated CommunitySmoke Detector(S) Senior Community YN No Sewer Other Special Listing Conditions Standard Subdivision Name Other Kroeger/Broadway Tenant Pays ElectricityGasTrash Collection Total Expenses 22040.00 Trash Expense 0.00 Water Sewer Expense 1890.00 Water Source Other Year Built Source Assessor

    Listing provided courtesy of Eric Guichet of South Coast Investment Prop.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-02T21:29:33.88. 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 Naylor Properties | Compass. Licensed in the State of California, USA.

     
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