1841 W Crestwood Lane,  Anaheim CA, 92804 (Residential Income)

5,042 sqft
Status: Sold
MLS#: PW16014165
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Last Updated: 12/8/2016 8:41 PM
Description for 1841 W Crestwood Lane Anaheim, CA 92804
Crestwoood Palms is the most attractively priced multifamily property available in Anaheim at only $237 cpsf - priced below a recent sale comparable in the same tract at 1837 W Sumac which closed at $1.265M ($260/cpsf) on 4/5/2016. The subject property is comprised of 6 spacious single story units possessing an ideal unit mix of 4 (2+1) four two bedroom/one-bathroom units and 2 (1+1) two one-bedroom/one-bathroom units. The subject property has abundant parking that includes 7 enclosed garages and street parking; all units are individually metered for gas & electric and the tenants pay for trash lowering the landlord's overall utility expense. Additionally there is an onsite laundry room that provides additional revenue for the landlord as well. The subject property's location offers tenants close proximity to Disneyland, schools, retail shopping, public recreation, local and regional employment opportunities with close proximity to the 22 & 5 freeways. Please see attached marketing brochure and please note that all landlord utilities (water, gas & electric) are all included in the electric expense category.
Price
Sold Price:
$1,155,000
Sold Date:06/28/2016
Orange
5,042 (approx)
PW16014165
Closed
Description
Crestwoood Palms is the most attractively priced multifamily property available in Anaheim at only $237 cpsf - priced below a recent sale comparable in the same tract at 1837 W Sumac which closed at $1.265M ($260/cpsf) on 4/5/2016. The subject property is comprised of 6 spacious single story units possessing an ideal unit mix of 4 (2+1) four two bedroom/one-bathroom units and 2 (1+1) two one-bedroom/one-bathroom units. The subject property has abundant parking that includes 7 enclosed garages and street parking; all units are individually metered for gas & electric and the tenants pay for trash lowering the landlord's overall utility expense. Additionally there is an onsite laundry room that provides additional revenue for the landlord as well. The subject property's location offers tenants close proximity to Disneyland, schools, retail shopping, public recreation, local and regional employment opportunities with close proximity to the 22 & 5 freeways. Please see attached marketing brochure and please note that all landlord utilities (water, gas & electric) are all included in the electric expense category.
Listing Information
Property Type: Cluster, Other
0.19 Acres 827,600 sq.ft. 5,042 (approx)
$229.08 1961
Yes- 6 spaces
6 Total
Neighborhood
Room Information
Exterior / Lot Features
6 Garage Spaces, 6 Parking Spaces, Garage, Street Parking
Sidewalks
Driving Directions
Cross Streets: Euclid Avenue and Katella Ave
Financial Considerations
12855101
$89,400 Income ,$24,677Expense
Listing Price History

Anaheim Real Estate

Anaheim is located in California. Anaheim, California 92804 has a population of 337,471.

The median household income in Anaheim, California 92804 is $59,627. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Anaheim 92804 is 32.4 years.

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Courtesy: Vanguard Investment Properties Ed Diaz
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