Well located value-add opportunity of four units in the Meat Packing District of Downtown Anaheim. Constructed in 1979, this French Normandy architectural exterior can be an excellent starter investment or solid additional to a fourplex portfolio.
Each unit features individual washer and dryer hook-ups and a patio or balcony. There is (1) three-bedroom, two bath; (1) two-bedroom, two bath; (1) two-bedroom, one bath, and one spacious one-bedroom, one bath unit. Unit A is a large three-bedroom with wide wood-style plank flooring and forced air heating. Units B,C and D have panel ray heaters. Wall A/C units have been installed in all four units. The driveway and moter-court area has just been replaced and the slurry coat will be applied when cured; there are a total of eight covered parking spaces access from a rear alley.
There is an achievable rental attainable upside of approximately 14%. Thirty year fixed rate, non-owner financing is available for this property.
Drive by only. Submit, as sale is not contingent upon the owner locating or identifying an up-leg. Listed by Steven Brombal, Kidder Mathews Of California.