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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW20186867
Sold Date 04/29/21
Construction Status Turnkey
HOA Y/N No
Year Built 1922
Lot Size 5,458 Sqft
Property Description
THIS PROPERTY HAS THE BEST RETURN OUT OF ALL PROPERTIES LISTED IN ANAHEIM! MILLS ACT = TAX SAVINGS OF HUNDREDS AND HUNDREDS PER MONTH! There are not many opportunities like this, in fact, this is the only opportunity of this nature for the last several years! A Mills Act income property! There are two meticulously maintained buildings and a two car detached garage. Building one has a long front porch and a foyer entry, similar to what you would see on the east coast. Entering the foyer you have a common greeting space and access to the downstairs, two bedroom unit, or upstairs there are two one bedroom units one with a bonus room. There is an adorable cottage on the other side of the back yard which also has one bedroom.
The entire property was completely renovated during 2012 and 2013. New plumbing, electrical wiring, and a sewer line all the way out to the street was also put in. A new roof was put on the front building, which houses Apartments A, B, and C, as well as the back cottage and the garage. All units are cableready. Garage comes with 4 stackable washer/gas dryer units and 3 storage units. The tankless, gas water heater in the garage serves the washing machines.
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Interior
Interior Features Balcony
Heating Central, See Remarks
Cooling Central Air, See Remarks
Fireplaces Type Decorative
Fireplace Yes
Appliance Dryer, Washer
Laundry Inside, Stacked
Exterior
Exterior Feature Awning(s)
Parking Features Concrete, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Utilities Available Sewer Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Total Parking Spaces 7
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Custom
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 25507406
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Thomas Kim • Pentus Group
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