2650 E Park Lane, Anaheim, CA 92806
- $2,777,500
- Sold Price
- $2,777,500
- List Price
- $2,865,000
- Closing Date
- Jan 12, 2024
- Status
- CLOSED
- MLS#
- NP23206991
- Year Built
- 1975
- Lot Size
- 12,197
- Acres
- 0.28
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 23
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
- Neighborhood
- Miraloma
Property Description
TURNKEY 7 UNIT BUILDING AVAILABLE IN NORTH ANAHEIM. INSURANCE APPROVED ELECTRIC PANNELS, ALL NEW DUAL PANE WINDOWS, 5 OF 7 UNITS FULLY RENOVATED AND LEASED AT MARKET, NEW LAUNDRY FACILITY, RUBS SYSTEM IN PLACE! ALL NEW UNITS INCLUDE CABINETS, COUNTERTOPS, BATHROOM VANITY, FLOORING, AND APPLIANCES. ALL 7 UNITS ARE LEASED TO GREAT TENANTS, NO DELINQUENCIES, 2 TO 1 PARKING WITH ONE GARAGE SPOT AND ONE RESERVED SPOT. CURRENT IN PLACE CAP RATE OF 5.8% WITH ROOM TO INCREASE 2 OF 7 UNITS IN 2024.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 7
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $226,093
- Operating Expense
- 53178
Listing courtesy of Listing Agent: Randall Mycorn (randall@rlmequities.com) from Listing Office: R L M Equities.
Listing sold by Levon Alexanian from Keller Williams World Media Center
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