1002 W North Street, Anaheim, CA 92805

$760,000
List Price
$760,000
Status
ACTIVE
MLS#
PW17265405
Year Built
1940
Lot Size
13,524
Lot Location
Back Yard, Value In Land
Days on Market
14
Property Type
Multifamily
Stories
Two Level
Neighborhood
Other (Othr)

Property Description

An investor's dream property! Front house has 6 bedrooms, 3 bathrooms - Second unit has a one bedroom, Third unit is a Studio Apt. There is also a large backyard, which could be used to build more units. Currently, the tenants (10) are using each bedroom as a rental and are on month to month basis, all tenants are professional IT employees. The property needs some TLC, and that is why it is priced lower than market. Ideal opportunity for the investor who can foresee an uptick in rental properties and add more units to get a better return on their investment. The current rental income is $ 5,700 per month, and will go up to $ 6,000 a month from Jan 2018. The GLA of 2,969 sq ft is for the front home only. The back 2 units maybe unpermitted. The property is zoned R1.

Additional Information

Tract Number
811
Lot Description
Suburban
Pool Description
None
Garage Spaces Total
2
Water
Public
Attached Structure
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Arun Arya from Shivam International Realtors

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.