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$1,500,000   Price Analysis
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1010 E Anaheim St
Wilmington, CA 90744
8 bed 8 bath 4,096 SqFt ($366/SqFt)
4,801SqFt lot. Built 1940
Listed 2024-05-16, Taxes $10,422
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Part of an 8 Building Portfolio!

Can be sold individually r as a portfolio. 1010 E Anaheim St is a mostly Stabilized 8 unit apartment in Los Angeles County. Pri ced at a 9.04 GRM and 7.23% Current Cap rate, this asset is ideal for any investor looking for strong cash flow in a growing submarket of Los Angeles.

The subject property boasts an excellent unit mix of (8)1-bed/1-bath Units. At $187k/Door and $366/SF, this asset provides strong cash flow and immense upside. 1010 E Anaheim St is sandwiched between San Pedros new Waterfront Project and the City of Long Beach, 1010 E Anaheim is a quickly growing submarket in the South Bay.


Presented by Aaron Jacobson at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24098334 from CRMLS

Bedrooms: 8

Full Bathrooms: 8

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1102158
Lot Size Source: Assessor
Lot Size Square Feet: 4801

Parking Total: 8

Number of Units: 8
Bedrooms in Unit-1: 1
Total Bathrooms in Unit-1: 1

Rent Control: Yes

Community Features: Biking, Dog Park, Park

Source Listing Status: Active
County: Los Angeles
Cap Rate: 7.23
Source Property Type: Residential Income
Area: 196 - East Wilmington
Source Neighborhood: 196 - East Wilmington
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 7424021003
Zoning: LAM2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$268,049 + $536,100
$804,149
$10,422
2021$262,794 + $525,589
$788,383
$10,284
2020$260,100 + $520,200
$780,300
$10,378
2019$255,000 + $510,000
$765,000
$9,997
2018$250,000 + $500,000
$750,000
$9,902
2017$264,060 + $448,903
$712,963
$9,388
2016$258,883 + $440,101
$698,984
$9,151
2015$254,995 + $433,491
$688,486
$9,028
2014$251,135 + $301,362
$552,497
$7,612
2013$250,000 + $300,000
$550,000
$7,602
2012$307,572 + $307,572
$615,144
$8,659
2010$301,542 + $301,542
$603,084
$8,401
2009$300,000 + $300,000
$600,000
$8,111
2009$299,289 + $299,289
$598,578
$8,111
2008$78,726 + $118,090
$196,816
$3,130
2007$77,183 + $115,775
$192,958
$3,026

Listed 2024-05-16
$1,500,000
CRMLS
Sold 2017-07-03
$750,000
Public Record
Listing removed 2016-06-18
$800,000
TheMLSCLAW
Relisted 2016-03-11
$800,000
TheMLSCLAW
Listing removed 2016-02-13
$920,000
TheMLSCLAW
Listed 2015-10-20
$920,000
TheMLSCLAW
Sold 2014-02-20
$675,000
Public Record
Listing removed 2009-04-24
$200,000
SoCalMLS
Sold 2001-12-14
$175,000
Public Record
Listing removed 2001-10-11
$185,000
ITECH
Listed 2001-09-05
$185,000
ITECH
Listing removed 2001-08-11
$200,000
ITECH
Listed 2001-05-10
$200,000
ITECH
Listed 2001-05-10
$200,000
SoCalMLS
Listing removed 2000-11-30
$155,000
ITECH
Listed 2000-03-21
$155,000
ITECH
Sold 1996-12-30
$115,000
Public Record
Sold 1996-02-28
$214,545
Public Record

Net Operating Income: 108503.00

Total Square Feet Living: 4096
Year Built: 1940
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 84
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Water Sewer Expense: 0.00
Water Source: Public

Wilmington Park Elementary School is a public elementary school located approximately 0.5 miles away.
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Phineas Banning Senior High School is a public high school located approximately 1.1 miles away.
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Wilmington Mid Sci Tech Engr Arts Math (STEAM) Magnet is a public middle school located approximately 1.8 miles away.
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Holy Family School is a private elementary and middle school located approximately 0.5 miles away.
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The 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.