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$3,449,000

FOR SALE
Active

324 E Leatrice Lane

Anaheim, CA

MLS# PW26169826

Apartment
94 days on marketNalren refreshed

Listing Agent

Garrett Blair

Listing Agent

Morgan Skenderian

DRE #: 02026908

(949) 300-5610

Brokerage: Morgan Skenderian

Rick Applebaum

Co-Listing Agent

Morgan Skenderian

DRE #: 01273871

Brokerage: Morgan Skenderian

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1963

Year Built

0.25 acres

Lot Size

N/A

Price/Sq Ft

8

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

324 E. Leatrice Lane is a well-maintained, pride-of-ownership multifamily property located just minutes from Disneyland Park in Anaheim. The property features spacious 2, 3, and 4-bedroom units averaging more than 1,125 square feet, providing an attractive unit mix for a wide range of tenants. Property amenities include updated flooring, kitchens and bathrooms, private patios and balconies, in-unit and on-site laundry facilities, and garage and tandem parking. Recent capital improvements include interior renovations, SB 721 compliance, partial roof replacement, new landscaping and rain gutters, new electrical subpanels and new garage doors, helping minimize near-term capital expenditures. Offered at a 5.9% CAP Rate and 12.35 GRM on current income, this is a high-yield asset in a desirable location.

Facts & Features

Interior

Fireplace
Yes
Laundry Features
Community Laundry, Gas Dryer Hookup, Washer Hookup
Appliances
Freezer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Water Heater
Flooring
Vinyl
Interior Features
Balcony, Quartz Counters
Window Features
Blinds, Double Pane Windows

Exterior

Private Pool
No
Roof
Composition
Fencing
Wrought Iron
Lot Features
Front Yard, Landscaped, Lawn, Rectangular Lot, Thirty One To Thirty Five Units Acre

Building

Year Built
1963
Architectural Style
Contemporary
Building Area Total
9,036
Levels
Two
Property Condition
Turnkey, Updated Remodeled
Stories Total
2

Utilities

Heating
Wall Furnace
Cooling
Wall Window Units
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
8
Parking Features
Assigned, Door Multi, Garage, Garage Faces Rear, Paved, Tandem, Uncovered
Parking Total
16

Community / HOA

HOA
No
Association Fee
$0

Accessibility / Green

Accessibility Features
No Stairs

Sale history for 324 E Leatrice Lane

  • Sold $3,700,000 in December 2021 · MLS #OC21177981 · Source: CRMLS
  • Sold $3,148,000 in December 2019 · MLS #OC19233101 · Source: CRMLS

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