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2070 S Mountain View AVE Anaheim, CA 92802
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Key Details
Sold Price $4,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW20029966
Sold Date 12/02/20
HOA Y/N No
Year Built 1962
Lot Size 0.470 Acres
Property Description
Fantastic opportunity to buy 16 units, Corner building. HIGHER INCOME with exterior renovation in July 2019. This 16 unit Multi- Family Property has a nice curb appeal with a strong current cap rate above 4.5% and over 5% on market. Built in 1962, The building has 13,200 rentable square feet spread across a lot size totaling 0.48 acres. This building offers (14)units 2 bedroom 1 bath, and (2) 1 bedroom 1 bath. Tenants have their own electric meters, The building has a gated front yard, nicely landscaped with grass, trees and plants. The property has plenty of parking including assigned 18 garages and 7 parking spaces, As well as an on site laundry room, Spacious interior court yard located in the center of the property, fantastic location close to many major retail shops, schools and employment. The property is conveniently located less than a mile from 1-5 Freeway. This property provides and investor the opportunity to acquire an apartment building with exceptional valued- add upside in a premier solid rental location in the city of Anaheim.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Zoning R4
Interior
Heating Natural Gas, Wall Furnace
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Covered, Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener, Private, Garage Faces Rear, Side By Side
Garage Spaces 18.0
Garage Description 18.0
Fence Wrought Iron
Pool None
Community Features Street Lights
Utilities Available Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition,Flat,Shingle,Tar/Gravel
Total Parking Spaces 25
Private Pool No
Building
Lot Description Rectangular Lot, Sprinkler System
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 13733213
Energy Description 2400.0
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac
Financing Trade
Special Listing Condition Standard
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Bought with Mark Bridge • Mark Bridge, Broker
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