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    324 E Leatrice Lane

    Anaheim, CA 92802
    • $3,732,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: OC21177981
    UPDATED: 24 min ago
    $3,732,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    We are pleased to present 324 East Leatrice Lane, an eight-unit multifamily property located in the City of Anaheim. This asset consists of two 2 bedroom/1 bathroom units, four 3 bedroom/2 bathroom units, and two 4 bedroom/2 bathrooms units. The complex is situated on a lot totaling 0.25 acres. The asset is comprised of one building with a central courtyard. Parking is ample for the residents and guests, with garage parking, assigned, as well as street parking. This property has undergone a full interior and exterior renovation including new floors, cabinets, and countertops.This property is well situated in central Anaheim near major retail, educational, employment opportunities, and Disneyland. Conveniently located near the I-5 and CA-57 Freeways, allow the tenants to connect with the greater Southern California area and beyond. This offering provides an investor the opportunity to acquire a recently renovated and well-maintained apartment property neighborhood with convenient access to a wide variety of activities, transportation and retail amenities.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T07:28:49.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
    www.debonishomes.com/homes/120423436
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    324 E Leatrice Lane Anaheim, CA 92802

    • Price: $3,732,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: OC21177981
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1963
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    We are pleased to present 324 East Leatrice Lane, an eight-unit multifamily property located in the City of Anaheim. This asset consists of two 2 bedroom/1 bathroom units, four 3 bedroom/2 bathroom units, and two 4 bedroom/2 bathrooms units. The complex is situated on a lot totaling 0.25 acres. The asset is comprised of one building with a central courtyard. Parking is ample for the residents and guests, with garage parking, assigned, as well as street parking. This property has undergone a full interior and exterior renovation including new floors, cabinets, and countertops.This property is well situated in central Anaheim near major retail, educational, employment opportunities, and Disneyland. Conveniently located near the I-5 and CA-57 Freeways, allow the tenants to connect with the greater Southern California area and beyond. This offering provides an investor the opportunity to acquire a recently renovated and well-maintained apartment property neighborhood with convenient access to a wide variety of activities, transportation and retail amenities.
    Exterior Features

    Fencing Excellent Condition Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 9 Open Parking Spaces 8 Parking Features GarageOn SiteOne SpaceOn Street Parking Total 16 Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat

    Interior Features

    Common Walls 1 Common Wall Flooring Vinyl

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.2 Common Interest None Community Features CurbsGutter(S)Street LightsSuburbanSidewalks Contingency Do Not Disturb Tenants. Drive By Only. Inspection Upon Signed Purchase Agreement. Electric Expense 0 Fuel Expense 482 Garage YN Yes Gross Income 266676 Gross Scheduled Income 266676 Insurance Expense 4140 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms Cash To New Loan Maintenance Expense 10250 Net Operating Income 195870 New Construction YN No New Taxes Expense 39559 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 65806 Other Expense 3250 Property Condition Updated/Remodeled Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 22223 Trash Expense 2000 Vacancy Allowance 8000 Water Sewer Expense 1325 Water Source Public

    Listing provided courtesy of Mark Bridge of Mark Bridge, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T07:28:49.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
     
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    The DeBonis Team | Realty Masters & Associates
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    Riverside CA, 92508