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1318 N FASHION LN Anaheim, CA 92806
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Key Details
Sold Price $1,380,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $336
MLS Listing ID 22171951
Sold Date 08/03/22
HOA Y/N No
Year Built 1965
Lot Size 9,583 Sqft
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 78 - Anaheim East Of Harbor
Zoning R4
Interior
Interior Features Ceiling Fan(s)
Heating Floor Furnace
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Dishwasher, Disposal, Oven, Range, Refrigerator
Laundry Common Area
Exterior
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 34429147
Financing Cash
Special Listing Condition Standard
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