Anaheim, CA 92805,217 N Olive ST
Anaheim, CA 92805,217 N Olive ST
Anaheim, CA 92805,217 N Olive ST
$1,300,000
Est. payment /mo
$1,300,000
Est.Price: ?

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5,458 Sqft Lot
SOLD DATE : 04/29/2021

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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California Regional MLS (CRMLS)
Listed by Meghan Shigo • Century 21 Award
Bought with Thomas Kim • Pentus Group
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