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Listing Details

Status
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On Market
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School Ratings & Info

Description

Located within Anaheim's Platinum Triangle area, this Six-unit complex is situated at the end of a Cul-de-sac. The area is said to be one of the most exciting places to live,work and play. Many of Southern Californa's famous attractions are just a few minutes away from the property location, including Disneyland, Angel Stadium of Anaheim and the Arrowhead Pond. The Riverside Freeway (I-91) is minutes away, proving convenient access throughout Orange County.The two storey apartment complex consits of Six two bedroom and One bath units. attached to the complex are 3 double car garages. This creates a total of 13 parking spaces. Each unit is individually metered for gas and electricity, in addition to individaul water heaters. The stove and water heater are both fueled by natural gas, which the tenant pays for. Tenants are resposible for trash collection, making this property as close to maintainance free as apartment buildings can get.All kitchen cabinets and the counter tops in all units have recently been highly upgraded and the plumbing in almost all the units have been converted to copper pipping. Additionally, each unit has washer and dryer hook ups for the tenants convenience.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T16:30:25.84. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
www.marknazzalrealty.com/homes/116850415
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929 W Lodge Avenue Anaheim, CA 92801

  • Price: $2,199,000
  • Status: Active
  • Updated: 31 min ago
  • ID#: RS21095872
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1957
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
Located within Anaheim's Platinum Triangle area, this Six-unit complex is situated at the end of a Cul-de-sac. The area is said to be one of the most exciting places to live,work and play. Many of Southern Californa's famous attractions are just a few minutes away from the property location, including Disneyland, Angel Stadium of Anaheim and the Arrowhead Pond. The Riverside Freeway (I-91) is minutes away, proving convenient access throughout Orange County.The two storey apartment complex consits of Six two bedroom and One bath units. attached to the complex are 3 double car garages. This creates a total of 13 parking spaces. Each unit is individually metered for gas and electricity, in addition to individaul water heaters. The stove and water heater are both fueled by natural gas, which the tenant pays for. Tenants are resposible for trash collection, making this property as close to maintainance free as apartment buildings can get.All kitchen cabinets and the counter tops in all units have recently been highly upgraded and the plumbing in almost all the units have been converted to copper pipping. Additionally, each unit has washer and dryer hook ups for the tenants convenience.
Exterior Features

Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 7 Open Parking Spaces 6 Parking Total 18 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Cap Rate 4.04 Common Interest None Community Features Street Lights Electric Expense 0 Garage YN Yes Gross Income 88808 Gross Scheduled Income 129600 Insurance Expense 3166 Land Lease YN No Laundry Features Common AreaWasher Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 3000 Net Operating Income 88808 New Construction YN No New Taxes Expense 27498 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 36904 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 10800 Trash Expense 0 Vacancy Allowance 3888 Vacancy Allowance Rate 3 Water Sewer Expense 2400 Water Source Public Zoning R3

Listing provided courtesy of Jag Mehta of Gateway Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T16:30:25.84. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
 
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Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
1473 Ford St., Suite 200
Redlands CA, 92373