2543 E Terrace Street, Anaheim, CA 92806

$1,400,000

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Sold Price
$1,400,000
List Price
$1,499,000
Closing Date
Oct 06, 2025
Status
CLOSED
MLS#
OC25193071
Year Built
1976
Lot Size
7,841
Acres
0.18
Lot Location
Front Yard, Lawn, Landscaped, Yard
Days on Market
19
Property Type
Multifamily
Style
Traditional
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
Other

Property Description

Great bread and butter income property that has been meticulously maintained and is tenant ready for top of market rents! Also, a great property for an owner user since all units are vacant. Live in one and rent out the other two. Updated kitchens and baths, on site community laundry room, Central Air in all 3 units, 4 separate Electric and Gas meters, 1 Water meter, an abundance of parking with a 4-car garage plus 2 uncovered parking spaces, recent improvements include freshly painted interiors and manicured landscaping. All three units have private outdoor spaces. Unit A in front, lives like a single-family residence. Units B & C are accessed by passing through a security gate. Unit A is single level unit, 3 bedrooms including a primary bedroom suite, 2 updated bathrooms including a private ensuite primary bathroom, with a welcoming double door entry, laminate flooring throughout, updated lighting, doors and hardware, a spacious living room with brick fireplace, updated kitchen with timeless white shaker cabinetry, granite countertops, updated stainless steel appliances, and a roomy dining area/family room with direct access to the private patio creating an ideal indoor-outdoor living space. Unit B has 2 bedrooms and 2 baths including a primary bedroom suite with private en-suite bath, laminate flooring throughout, a spacious living room, an updated kitchen with white shaker cabinetry and updated matching appliances, Granite countertops, and a light filled dining/family room area with sliders opening to the large, private, fully enclosed patio with brick pavers. Unit C is accessed up the exterior stairs leading to a large open front patio/balcony. Laminate flooring throughout unit C, an updated kitchen with white shaker cabinetry and updated matching appliances, Granite countertops, and a light filled dining/family room area, 2 bedrooms & 2 baths including a primary bedroom suite with private en-suite bathroom. Detached 4 car garage with storage space plus gated uncovered 2 car carport space. Easy 91 and 57 freeway access and close to Cal State Fullerton and the Platinum Triangle.

Additional Information

Appliances
Dishwasher, Gas Cooktop, Microwave
Pool Description
None
Fireplace Description
Living Room, Masonry, Wood Burning
Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Exterior Construction
Brick, Stucco
Roof
Composition, Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Granite Counters, Recessed Lighting, Main Level Primary, Primary Suite
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$106,800
Operating Expense
31474

Listing courtesy of Listing Agent: Jordan Bennett (jordan@jordanbennettonline.com) from Listing Office: Regency Real Estate Brokers.

Listing sold by Jordan Bennett from Regency Real Estate Brokers

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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.