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$ 5,249,000
Est. payment /mo
Coming Soon
605 N Claudina Anaheim, CA 92805
0.65 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID OC26241386
HOA Y/N No
Year Built 1939
Lot Size 0.646 Acres
Property Sub-Type Apartment
Property Description
Rare opportunity to acquire 15 units on two separate parcels totaling 28,155 square feet in Anaheim's Historic Colony District. Occupying nearly an entire city block, this low-density property features an excellent unit mix of (4) 3-bedroom houses, (1) 2-bedroom house, (3) 2-bedroom units, and (7) 1-bedroom units. Parking includes 9 garages, 16 open spaces, and an extended tandem driveway. Improvements include upgraded main electrical panels and roofs replaced approximately 10 years ago. No on-site manager required. Offering a 5.35% actual cap rate and 6.63% pro forma cap rate, this property presents strong value-add potential with future redevelopment possibilities, subject to city approval.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Street Lights, Suburban
Total Parking Spaces 9
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Pat Swanson Pat Swanson 213-864-2862, DRE #01382974
Kim And Raquel - Good Day Home Team
Agent License ID: 01165332/370499
+1(661) 373-6597 | kimthurman365@gmail.com