320 W Guinida Lane, Anaheim, CA 92805

$4,200,000

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Sold Price
$4,200,000
List Price
$4,350,000
Closing Date
Sep 22, 2023
Status
CLOSED
MLS#
OC23055998
Year Built
1957
Lot Size
15,681
Acres
0.36
Lot Location
16-20 Units/Acre, Yard
Days on Market
142
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Anaheim Resort

Property Description

320-404 W Guinida Lane are 16 Turn-Key units located in Anaheim, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment with immense building and curb appeal next to Disneyland Park, California Adventure Park, ARTIC Train Station, Orange Grove Elementary, West Coast University, Angel’s Stadium, Honda Center, and a Walmart Shopping Center. Built in 1957, the property had a major interior and exterior renovation in 2022-2023. The property is a two-story garden-style walk-up. There are two laundry rooms, of which one is being used for laundry and the other is owner storage. There is a central courtyard for tenants to enjoy. Each unit is separately metered for electricity, tenants pay for trash, and the owner pays for water. Each of the 16 one-bedroom one-bathroom units have had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, and new paint. The exterior also had a recent significant renovation completed, including new stucco and paint, new courtyard concrete and BBQ area, new landscaping, newly paved parking lot, some new fencing and paint, and new wall air conditioning. The property has no tuck under parking. These 16 units are conveniently located less than 1,000 feet from Disneyland Resort, Disney California Adventure Park, Anaheim Marketplace, Orange Grove Elementary School, Paul Revere Elementary School and Park, and Interstate 5 Freeway. The property is less than a mile from many major retail centers and employment opportunities.

Additional Information

Appliances
Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Roof
Composition
Sewer
Public Sewer
Water
Public
Interior Features
Quartz Counters
Attached Structure
Attached
Number Of Units Total
16
Gross Scheduled Income
$345,360
Operating Expense
101547

Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@cushwake.com) from Listing Office: Mark Bridge, Broker.

Listing sold by Sylvia Girgis from Reliance Real Estate Services

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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.