2158 W Brownwood Avenue, Anaheim, CA 92801

$1,313,000

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Sold Price
$1,313,000
List Price
$1,395,000
Closing Date
Jul 08, 2024
Status
CLOSED
MLS#
NP24086333
Year Built
1963
Lot Size
6,795
Acres
0.16
Lot Location
Cul-De-Sac, Level, Street Level
Days on Market
41
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
, Na

Property Description

Solid investor opportunity on this 4-plex in thriving Anaheim. 2 x 2 bed/2 bath units, 2 x 2 bed/1bath units + 5 single-car garages and additional off street parking. Some units have updated kitchens, baths, flooring & paint (not original), others could use improvements and TLC. Pricing reflects condition. Laundry room w/ hookups on site. Low vacancy and low turnover area with proximity to major employment centers and excellent access to I-5, 22, 55, 57, and 91 Freeways. Nearby large box and convenient retail options like Anaheim Plaza. Close to major theme parks such as Disneyland and Knott's Berry Farm, Anaheim Convention Center, and excellent medical centers like UCI and CHOC. Upside in rents with cosmetic improvements. Seller motivated--submit all offers. Priced in line or just below recent comps and CAP rates. GSI = $84,900 (approx.). This property is a stable performer for any real estate portfolio.

Additional Information

HOA
150
Frequency
Monthly
Association Amenities
Maintenance Grounds, Trash
Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$84,960
Operating Expense
7849

Listing courtesy of Listing Agent: Grant Bixby (grant@bixbyresidential.com) from Listing Office: Compass.

Listing sold by Bassam Helou from Pellego, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.