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
Visits
Year Built
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Based on information from California Regional Multiple Listing Service, Inc. as of January 18, 2021 4:03 PM UTC 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.
