$1,850,000 Price Analysis    ♡   Anaheim, CA 92805 Unknown bed None bath 5,609 SqFt ($329/SqFt) 0.3 acre lot. Built 1922 Listed 2024-05-22, Taxes $6,194 | Ⓧ USDA Ineligible due to price & location near Anaheim |
120 East Alberta Street is a 5-unit multifamily investment property located in Anaheim
* No Longer For Sale *
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California. The property has a CAP rate of 6.44% and a GIM of 10.93 on market rents. The property spans across 4 buildings, features more than 5, 600 rentable square feet and offers an attractive mix of 3, two-bedroom units, 1, three-bedroom unit and 1, five-bedroom home. Currently, the five-bedroom home is being rented as separate upstairs and downstair s units. Amenities include single-story construction (select units), security doors, garage parking and big private yards and patios (select units). The property is situated in an optimal Anaheim location, north of Downtown Anaheim, placing residents moments away from some of Orange Countys most popular destinations.
120 East Alberta Street is located within blocks of Pearson Park, granting residents convenient access to a variety of outdoor activities. Additionally, residents enjoy the propertys close proximity, within walking distance, to the Anaheim Packing District, a trendy culinary hub that is the premier destination in Downtown Anaheim. Furthermore, 120 East Alberta Street is over 1.25 miles from Anaheim Plaza, providing residents easy access to everyday needs. The property is within a 1.10-mile radius of Interstate 5 and State Route 91, connecting residents to employment hubs thrughout Orange and Los Angeles Counties.
Presented by Tyler Leeson at
Marcus & Millichap Re Invest.
Property MLS #OC24103219 from CRMLS
Heating: Yes
Lot Size Acres: 0.3
Lot Size Source: Assessor
Lot Size Square Feet: 13068
Parking Total: 4
Maintenance Expense: 3500.00
County: Orange
Other Expense: 5941.00
Source Property Type: Residential Income
Insurance Expense: 5260.00
Area: 78 - Anaheim East of Harbor
Source Neighborhood: Other (OTHR)
New Taxes Expense: 20327.00
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 03509608
Postal Code Plus 4: 2782
Subdivision: Other (OTHR)
Trash Expense: 2525.00
Zoning: RM-1200
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $160,844 + $263,339 $424,183 | $6,194 |
| 2021 | $157,691 + $258,175 $415,866 | $6,189 |
| 2020 | $156,075 + $255,527 $411,602 | $6,156 |
| 2019 | $153,015 + $250,517 $403,532 | $6,005 |
| 2018 | $150,015 + $245,605 $395,620 | $5,891 |
| 2017 | $147,074 + $240,789 $387,863 | $5,689 |
| 2016 | $144,191 + $236,067 $380,258 | $5,663 |
| 2015 | $142,026 + $232,521 $374,547 | $5,605 |
| 2014 | $139,244 + $227,967 $367,211 | $5,304 |
| 2013 | $138,615 + $226,937 $365,552 | $5,369 |
| 2012 | $135,898 + $222,487 $358,385 | $5,231 |
| 2011 | $133,234 + $218,124 $351,358 | $5,028 |
| 2010 | $132,239 + $216,494 $348,733 | $4,768 |
| 2009 | $132,554 + $217,009 $349,563 | $4,675 |
| 2008 | $129,955 + $212,754 $342,709 | $4,475 |
| 2007 | $127,407 + $208,583 $335,990 | $4,379 |
$1,600,000
CRMLS
Listed 2024-05-22
$1,850,000
CRMLS
Sold 1995-02-07
$268,000
Public Record
Sold 1986-12-23
$216,000
Public Record
Year Built: 1922
Building Features: 4
Common Walls: No Common Walls
Entry Level: 1
Entry Location: First Level
Property Age: 102
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2524.00
Water Source: Public
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.