624 W Provential Dr Anaheim, CA 92805

$1,155,000
Anaheim, CA   92805
0 Beds, 0.0 Baths, 0 sq ft, 9,148 sq ft lot, Built in 1961
624 W Provential Dr, Anaheim, CA 92805 Photo 0
624 W Provential Dr, Anaheim, CA 92805 Photo 1
624 W Provential Dr, Anaheim, CA 92805 Photo 2
624 W Provential Dr, Anaheim, CA 92805 Photo 3
0 Beds,
0.0 Baths,
0 sq ft,
9,148 sq ft lot
Built in 1961

Description

MLS# OC18127347

Excellent Investment Opportunity!! Huge potential upside cash cow with this 4 plex! All units have private patios and garage, street parking as well! Excellent tenants for years and seldom does a vacancy occur in this area. Low maintenance and Well maintained 4 - plex in the heart of Anaheim! Excellent mix of units all with 2 BR's and one with 1 bath and the other three with 1.5 BA's. There is a great opportunity to increase rents to market value and increase return on investment! Building is conveniently located very close to I-5 Freeway, 57 Freeway and 91 Freeways, and minutes away from Disneyland, Anaheim stadium, downtown, Honda Center and meat packing district. GRM and Cap Rate is based on actual numbers and not proforma!!!! You won't find a better opportunity than this one. Separate utility meters on each unit! Once new owner gets current market rents, income will be $72,000/year & CAP 4.5%, GRM 16.0, Great upside potential for double digit ROI!! Listed by Doug Merlino, Beach Pointe Properties Inc.

Description

MLS# OC18127347

Excellent Investment Opportunity!! Huge potential upside cash cow with this 4 plex! All units have private patios and garage, street parking as well! Excellent tenants for years and seldom does a vacancy occur in this area. Low maintenance and Well maintained 4 - plex in the heart of Anaheim! Excellent mix of units all with 2 BR's and one with 1 bath and the other three with 1.5 BA's. There is a great opportunity to increase rents to market value and increase return on investment! Building is conveniently located very close to I-5 Freeway, 57 Freeway and 91 Freeways, and minutes away from Disneyland, Anaheim stadium, downtown, Honda Center and meat packing district. GRM and Cap Rate is based on actual numbers and not proforma!!!! You won't find a better opportunity than this one. Separate utility meters on each unit! Once new owner gets current market rents, income will be $72,000/year & CAP 4.5%, GRM 16.0, Great upside potential for double digit ROI!! Listed by Doug Merlino, Beach Pointe Properties Inc.

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  • Business pic3
    Andre Morales

    NMLS# 1195289

    Direct: (626) 392-1329
    Email: andre@hfc-loans.com

Area
AREA: 79 - Anaheim West of Harbor
B TRACT: Other (OTHR)
COUNTY: OR
Building Info
STORIES: 2
COMMON WALLS: No Common Walls
PARKING: Garage
POOL: None
LAUNDRY: Community
Exterior Features
LOT: 0-1 Unit/Acre
Garage & Parking
PARKING SPACES: 5.00
GARAGE SPACES: 5.00
Community
COMMUNITY: Curbs
UNITS TOTAL: 4
STORIES TOTAL: 2
Land
WATER: Public
ASSESSMENTS: Unknown
LOT NUMBER: 13
TRACT NUMBER: 3492
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