$1,085,000
$1,125,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
407 N Tustin AVE Anaheim, CA 92807
10,454 Sqft Lot
Key Details
Sold Price $1,085,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19269327
Sold Date 02/10/20
HOA Y/N No
Year Built 1964
Lot Size 10,454 Sqft
Property Description
We are pleased to present 407 N. Tustin Avenue, a well maintained 4-unit apartment complex in East Anaheim. The property is conveniently located near the 55 and 91 Freeways, on the border of Orange, and is just minutes from Anaheim Hills, Yorba Linda and Villa Park. The building structure is 3,413 square feet and sits atop a large, rectangular 10,393 square foot lot. The 4-plex features an attractive unit mix of (2) 2 Bedroom 2 Bath Units & (2) 1 Bedroom 1 Bath Units which have balconies (upstairs) and patios (downstairs). Recent notable upgrades include resurfaced kitchen cabinets, upgraded counter tops, new kitchen stoves, updated windows throughout and new roll up garage doors. Additionally, all tenants have wall heaters, wall A/C units, and access to the onsite laundry room which has leased laundry machines. Current rents effective January 1, 2020. Cap rate and Gross rent multiplier based on proforma rents.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range, Range Hood, Water Heater
Laundry Common Area
Exterior
Parking Features Garage Faces Rear
Garage Spaces 5.0
Garage Description 5.0
Fence None
Pool None
Community Features Sidewalks
Utilities Available Cable Available
View Y/N Yes
View Hills
Roof Type Shingle
Total Parking Spaces 10
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 36026405
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 818.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Emmanuel Ramos • Nestegg Inc.