Fourplex · 2 recorded sales since 2021
Listing Agent: Grant Bixby (DRE #01364572) · Listing Office: Compass · Contact: 949-677-0111 · Bought with: Bassam Helou · Pellego, Inc. · MLS #NP24086333 · Source: CRMLS
Solid investor opportunity on this 4-plex in thriving Anaheim. 2 x 2 bed/2 bath units, 2 x 2 bed/1bath units + 5 single-car garages and additional off street parking. Some units have updated kitchens, baths, flooring & paint (not original), others could use improvements and TLC. Pricing reflects condition. Laundry room w/ hookups on site. Low vacancy and low turnover area with proximity to major employment centers and excellent access to I-5, 22, 55, 57, and 91 Freeways. Nearby large box and convenient retail options like Anaheim Plaza. Close to major theme parks such as Disneyland and Knott's Berry Farm, Anaheim Convention Center, and excellent medical centers like UCI and CHOC. Upside in rents with cosmetic improvements. Seller motivated--submit all offers. Priced in line or just below recent comps and CAP rates. GSI = $84,900 (approx.). This property is a stable performer for any real estate portfolio.
Listing description from the July 2024 sale, as reported to CRMLS.