415 S Olive Street

    Anaheim, CA 92805
    • $1,300,000
    • STATUS: Active Under Contract
    • ON SITE: 148 days
    • ID#: PW19262524
    Under Contract
    UPDATED: 50 min ago
    $1,300,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,030
      SQFT
    • $429
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    (BACK ON THE MARKET. Buyer couldn't perform and had to cancel) Brand new completely remodeled pride of ownership 3-plex (Single Family Front House and Duplex in the back) in Anaheim right behind the Anaheim Packing House. This property has approx. 3,030 Sq.Ft. of living space and is located on a large 7,861 Sq. Ft. lot with abundant off-street parking. Significant recent improvements to the property have created beautiful curb appeal. All units have upgraded to dual pane windows, decking upstairs for the duplex has been completely replaced. Front house has been approved for the Anaheim Mills Act and once paperwork is turned in will reduce tax bill by 75%.The house was built in 1910 and the duplex in 1994. The front house is 3 bedroom with den and 2 bath, Granite counter tops, new cabinetry, new paint, stainless steal range/oven, garbage disposal and washer dryer hook-ups in back. Nice attached front porch long drive way for more cars. Duplex is upstairs UNIT 201 - 2 bed 1 bth with 2 large balcony's completely rehabbed with granite counter tops all new: flooring, cabinetry, bath tub ceiling fans paint stainless range/oven. UNIT 202- 2 BED with den using as bedroom all rehabbed new: flooring, granite counter tops new cabinets, new baths and 2 large balcony's. The yearly gross scheduled income is excellent at $99,000 and still room to raise rent. Tenants pay for all utilities except water (Anaheim bills tenants directly for trash).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-08T12:25:44.02. 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/100812676

    415 S Olive Street Anaheim, CA 92805

    • Price: $1,300,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • ID#: PW19262524
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,030
    SQFT
    $429
    $/SQFT
    1910
    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 remodeled pride of ownership 3-plex (Single Family Front House and Duplex in the back) in Anaheim right behind the Anaheim Packing House. This property has approx. 3,030 Sq.Ft. of living space and is located on a large 7,861 Sq. Ft. lot with abundant off-street parking. Significant recent improvements to the property have created beautiful curb appeal. All units have upgraded to dual pane windows, decking upstairs for the duplex has been completely replaced. Front house has been approved for the Anaheim Mills Act and once paperwork is turned in will reduce tax bill by 75%.The house was built in 1910 and the duplex in 1994. The front house is 3 bedroom with den and 2 bath, Granite counter tops, new cabinetry, new paint, stainless steal range/oven, garbage disposal and washer dryer hook-ups in back. Nice attached front porch long drive way for more cars. Duplex is upstairs UNIT 201 - 2 bed 1 bth with 2 large balcony's completely rehabbed with granite counter tops all new: flooring, cabinetry, bath tub ceiling fans paint stainless range/oven. UNIT 202- 2 BED with den using as bedroom all rehabbed new: flooring, granite counter tops new cabinets, new baths and 2 large balcony's. The yearly gross scheduled income is excellent at $99,000 and still room to raise rent. Tenants pay for all utilities except water (Anaheim bills tenants directly for trash).
    Exterior Features

    Garage Spaces 7.00 Lot Features LandscapedLawn Lot Size Source Assessor Lot Size Units Square Feet Parking Total 7.00 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 1 Common Wall Laundry Features Common AreaWasher Hookup Levels OneTwo

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.15 Community Features BikingCurbs Country Us Electric Expense 0.00 Elevation Units Feet Garage Income 1200.00 Garage Rental Rate 100.00 Gardener Expense 600.00 Gross Income 99500.00 Gross Operating Income 99500.00 Gross Scheduled Income 97800.00 Insurance Expense 1272.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 500.00 Laundry YN Yes Maintenance Expense 1343.00 Net Operating Income 79917.00 New Construction YN No New Taxes Expense 15122.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number With Disposal 3 Number With Patio 4 Number With Range 3 Operating Expense 19583.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Subdivision Name Other Olive/Broadway Tenant Pays ElectricityGasParking FeeTrash Collection Total Expenses 19583.00 Trash Expense 0.00 Water Sewer Expense 1246.00 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 2020-04-08T12:25:44.02. 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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