122 N Merrimac Dr Anaheim, CA 92807

$1,165,000
Anaheim, CA   92807
0 Beds, 0.0 Baths, 0 sq ft, 6,970 sq ft lot, Built in 1964
122 N Merrimac Dr, Anaheim, CA 92807 Photo 0
122 N Merrimac Dr, Anaheim, CA 92807 Photo 1
122 N Merrimac Dr, Anaheim, CA 92807 Photo 2
122 N Merrimac Dr, Anaheim, CA 92807 Photo 3
122 N Merrimac Dr, Anaheim, CA 92807 Photo 4
122 N Merrimac Dr, Anaheim, CA 92807 Photo 5
122 N Merrimac Dr, Anaheim, CA 92807 Photo 6
122 N Merrimac Dr, Anaheim, CA 92807 Photo 7
122 N Merrimac Dr, Anaheim, CA 92807 Photo 8
0 Beds,
0.0 Baths,
0 sq ft,
6,970 sq ft lot
Built in 1964

Description

MLS# PW18244014

ATTENTION INVESTORS: This well kept Covington style 4-plex checks all the boxes! The location is in a prime area of E Anaheim at the border of Orange with close access to the 55 and 91 fwys. Unit mix includes a 3BR, 2BA with fireplace, (2) 2BR, 1BA units and a 1BR, 1BA unit for maximum flexibility! All tenant units have their own garage space(s) and individual, inside laundry facilities. Recent upgrades include newer roof, newer dual pane vinyl windows and patio doors throughout, 3BR unit completely remodeled recently. All units include their own patio, air conditioning and central heat, scraped and textured ceilings with ceiling fans in every room. All tenants are long term and currently on month to month agreements. Rents are well below market rents with significant opportunity to achieve proforma rents. Currently priced at a 3.9 cap, but based on a reasonable proforma the return gets closer to a 6 cap! This is the one youve been waiting for! Listed by Michael Sebastian, Keller Williams Realty.

Description

MLS# PW18244014

ATTENTION INVESTORS: This well kept Covington style 4-plex checks all the boxes! The location is in a prime area of E Anaheim at the border of Orange with close access to the 55 and 91 fwys. Unit mix includes a 3BR, 2BA with fireplace, (2) 2BR, 1BA units and a 1BR, 1BA unit for maximum flexibility! All tenant units have their own garage space(s) and individual, inside laundry facilities. Recent upgrades include newer roof, newer dual pane vinyl windows and patio doors throughout, 3BR unit completely remodeled recently. All units include their own patio, air conditioning and central heat, scraped and textured ceilings with ceiling fans in every room. All tenants are long term and currently on month to month agreements. Rents are well below market rents with significant opportunity to achieve proforma rents. Currently priced at a 3.9 cap, but based on a reasonable proforma the return gets closer to a 6 cap! This is the one youve been waiting for! Listed by Michael Sebastian, Keller Williams Realty.

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  • Business pic3
    Andre Morales

    NMLS# 1195289

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

Area
AREA: 78 - Anaheim East of Harbor
B TRACT: Other (OTHR)
COUNTY: OR
Building Info
STORIES: 2
COMMON WALLS: 2+ Common Walls, End Unit
PARKING: Garage, Off Street, Street
COOLING: Central, Wall Window
HEATING: Central Furnace
VIEW: Neighborhood
POOL: None
LAUNDRY: Dryer Included, Inside, Washer Included
Interior Features
ACCESSIBILITY: None
FIREPLACE: Living Room
Exterior Features
LOT: Front Yard, Landscaped
Garage & Parking
PARKING SPACES: 7.00
GARAGE SPACES: 5.00
UNCOVERED SPACES: 2.00
Community
HOA DUES 1: 0.00
COMMUNITY: Curbs, Sidewalks
UNITS TOTAL: 4
STORIES TOTAL: 2
Land
WATER: Public
LOT NUMBER: 8
TRACT NUMBER: 5063
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