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909 S Lemon Street, Anaheim, CA 92805

Property · 2 recorded sales since 2018

909 S Lemon Street, Anaheim, CA 92805 Sold October 2020 CRMLS
$1,930,000Sold October 2020

Listing Agent: Rick Applebaum (DRE #01273871) · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: Rick Applebaum · Morgan Skenderian · MLS #PW20113637 · Source: CRMLS

14,553 sqft
Lot Size
1953
Year Built
Property
Type
3
Garage

About this property

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.

Sale history

$1,930,000
Sold October 2020 · listed $1,975,000, on market June 2020 · MLS #PW20113637 · Source: CRMLS
Listing Agent: Rick Applebaum · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: Rick Applebaum · Morgan Skenderian
$1,375,000
Sold July 2018 · on market May 2018 · MLS #DW18115014 · Source: CRMLS
Listing Agent: Craig Marson · Listing Office: First Team Real Estate · Contact: 562-596-9911 · Bought with: Paul Espinosa · Morgan Skenderian
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