Address
3147 W Lanerose Drive Anaheim, CA
Price
$ 2,050,000
Property Attributes
  • MLS#OC20192151
  • TypeIncome
  • CountyORANGE
  • CityAnaheim
  • Zip92804
  • Style
  • Price$ 2,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5290
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
Greg Bassirpou with Marcus & Millichap RE Invest.
Property Description

The Lanerose Drive Apartments is a six-unit apartment building located in the highly desirable City of Anaheim within the greater Orange County area. The subject property is located in a quiet residential community of predominantly single-family homes and provides easy access to freeways, retail, schools, entertainment, and employment. Built in 1970, the property offers an attractive unit mix solely comprised of two-bedroom/ two-bathroom units totaling 5,290 square feet, situated over a large 16,393 square foot lot. The subject property has gone through recent renovations of the interiors and exterior. Tenant amenities include ample on-site parking including enclosed garages, on-site laundry facility, patios, balconies, and a large private garden common area in rear of property. This offering represents a rare opportunity for an investor to achieve a 4.5% CAP Rate / 6.8% total return on a stable and well-located investment property in the solid rental market of West Anaheim, California.

Price History
9/15/2020 Listed $2,050,000

General Features

Attached Structure Detached
Community Features Sidewalks, Storm Drains, Street Lights
Directions Please do not disturb tenants. Make all offers subject to inspection.
Garage Spaces 6.00
Levels Two
Listagentaor Orange County
Listing Agent Greg Bassirpou - BRE#01365951
Listing Agent State License 01365951
MLS Area 699 - Not Defined
Pool Features None
Price Per Square Foot 387.52
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 6

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 5290.00
Lot Features Landscaped, Near Public Transit, Yard
Lot Size Acres 0.3763
Lot Size Area 16393.0000
Lot Size Square Feet 16393.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Total Parking 8.00
Uncovered Spaces 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92804

Price
AVG $2.01M
$2.05M
Visits
AVG 52
100
Year Built
AVG 1961
1970

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