Property · 2 recorded sales since 2018
Listing Agent: Rick Applebaum (DRE #01273871) · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: Rick Applebaum · Morgan Skenderian · MLS #PW20113637 · Source: CRMLS
We are pleased to offer 909 S. Lemon Street, a beautifully & thoroughly remodeled 7-unit apartment investment located in an “Opportunity Zone”. 909 S. Lemon Street has seen approximately $200,000 infused into renovations and upgrades which are highlighted below. These high-end finishes and quality improvements make this building one of the nicest and most upgraded properties currently available on the market, prime for the investor looking to produce immediate cash flow with minimal efforts. The fresh curb appeal from the new landscaping and its ideal proximity (approximately 1 mile) to Disneyland, Anaheim Convention Center, Downtown Disney as well as Downtown Anaheim, Anaheim Packing District and Anaheim Colony Historic District, makes attracting high-quality tenants at maximum rents a very simple task. This is an excellent investment opportunity to own a beautifully remodeled, single-story apartment complex in one of the strongest rental markets in the county. *5% CAP on Current Rents, *100% Rent Collections Since Start of COVID Pandemic, *Potential Financing Available with 30% Down Payment
Listing description from the October 2020 sale, as reported to CRMLS.