Anaheim, CA 92805,605 S Lemon ST
Anaheim, CA 92805,605 S Lemon ST
Anaheim, CA 92805,605 S Lemon ST
17
$850,000
$869,000
2.2%
Est.Price: ?

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6,534 Sqft Lot

605 S Lemon ST Anaheim, CA 92805

Est. payment /mo
SOLD DATE : 12/22/2020

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Key Details

Sold Price $850,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID OC20243458

Sold Date 12/22/20

HOA Y/N No

Year Built 1929

Lot Size 6,534 Sqft

Property Description

Beautiful, completely remodeled, turn-key investment property (duplex) located in the Anaheim Colony. This property was just taken down to the studs, and then put back together with all new: insulation, drywall, flooring, baseboards, casings, trim, cabinets, countertops, stainless steel appliances, central HVAC, and paint throughout. The exterior was completely redone with new stucco (top coat), decorative drives/ walks/ patios, and landscaping. A new master suite (bedroom, bath, walk in closet) was added on as well. Everything but the foundation, studs, and roof (10yrs old) is brand new. Remodel was completed in October of 2020. Property is 2 blocks from the Packing House.

The front house includes: 3 bedrooms, 2 baths, laundry room, dining room, kitchen, living room, private front and rear yards, and a beautiful front porch. The rear house is a detached 1 bedroom 1 bath 'casita'. Both units are on new 1 year leases - rear house started in October, front house started in November. The tenants were selected from a deep pool of applicants, and are well qualified and low impact.

The list price represents a 5.5% cap rate on existing rents and expenses (property tax based on list price).

Inspections can be done after accepted offer.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks

Private Pool No

Building

Lot Description Back Yard, Landscaped, Yard

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jeff Leeper • Jeffrey A. Leeper,Broker
Bought with Elena Guadalupe-Parra • The L3

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Paco Licea

Broker | License ID: 01337048

+1(951) 213-9131

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