412 N Brookhurst Street

    Anaheim, CA 92801
    • $1,150,000
    • STATUS: Active Under Contract
    • ON SITE: 84 days
    • ID#: CV19152607
    Under Contract
    UPDATED: 82 min ago
    $1,150,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,387
      SQFT
    • $340
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    We are pleased to present 412 Brookhurst, a four-unit multifamily apartment located in a great rental market with strong employment opportunities in the City of Anaheim. The property is comprised of three townhome style 2 bedroom/1.5 bath units and one single level 2 bedroom/2 bath unit. This two story building was built in 1977. Copper piping throughout. The roof was replaced in 2009 and new double pane windows were installed in 2014. All exterior security lighting have been updated with LED fixtures for energy savings. Some units were completely renovated in the recent years with new kitchen cabinetry, granite counter, hardwood floor and new bathroom. Increase the demand and higher income potential. Each unit has its own private patio, three of them are covered. There are four garages and one carport, plus tandem parking spaces for the tenants. The building is individually metered for gas and electricity. There is a vacant laundry room on site, allow the new owner to set up laundry services for additional income. This well maintained property has a security gate and great curb appeal. Mature landscaping is maintained by the HOA as well as an activity center for youth & all residents. Tenants are long term. Current rent is below market average. There are plenty of upsides in rent. Close to major freeways, shopping, and restaurants. This fabulous multifamily community offers the investor a great opportunity to own an ease of care and pride of ownership property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-21T08:41:05.187. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
    www.bobkellyteam.com/homes/96412318

    412 N Brookhurst Street Anaheim, CA 92801

    • Price: $1,150,000
    • Status: Active Under Contract
    • Updated: 82 min ago
    • ID#: CV19152607
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,387
    SQFT
    $340
    $/SQFT
    1977
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    79 - Anaheim West of Harbor
    Property Description
    We are pleased to present 412 Brookhurst, a four-unit multifamily apartment located in a great rental market with strong employment opportunities in the City of Anaheim. The property is comprised of three townhome style 2 bedroom/1.5 bath units and one single level 2 bedroom/2 bath unit. This two story building was built in 1977. Copper piping throughout. The roof was replaced in 2009 and new double pane windows were installed in 2014. All exterior security lighting have been updated with LED fixtures for energy savings. Some units were completely renovated in the recent years with new kitchen cabinetry, granite counter, hardwood floor and new bathroom. Increase the demand and higher income potential. Each unit has its own private patio, three of them are covered. There are four garages and one carport, plus tandem parking spaces for the tenants. The building is individually metered for gas and electricity. There is a vacant laundry room on site, allow the new owner to set up laundry services for additional income. This well maintained property has a security gate and great curb appeal. Mature landscaping is maintained by the HOA as well as an activity center for youth & all residents. Tenants are long term. Current rent is below market average. There are plenty of upsides in rent. Close to major freeways, shopping, and restaurants. This fabulous multifamily community offers the investor a great opportunity to own an ease of care and pride of ownership property.
    Exterior Features

    Carport Spaces 1.00 Construction Materials Stucco Fence YN Yes Fencing PrivacyWrought Iron Foundation Details Slab Garage Spaces 4.00 Lot Features Front YardGardenLandscapedLevel With StreetLevel Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedAttached CarportDriveway - BrickConcreteGarageGarage Faces RearTandem Uncovered Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved

    Interior Features

    Appliances Gas OvenGas RangeGas Water HeaterMicrowaveRange Hood Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTileWood Heating Wall Furnace Heating YN Yes Interior Features BalconyCopper Plumbing Full Laundry Features Common AreaGas Dryer HookupIndividual RoomWasher Hookup Levels Two Room Type All Bedrooms Up Window Features Double Pane Windows

    Property Features

    Accessibility Features Parking Additional Parcels YN No Association Amenities PlaygroundSport CourtClubhouseMaintenance Grounds Association Fee 165.00 Association Fee Frequency Monthly Association YN Yes Building Area Units Square Feet Cap Rate 4.40 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 588.00 Gross Income 69900.00 Gross Multiplier 16.45 Gross Scheduled Income 69900.00 Insurance Expense 1390.00 Land Lease YN No Laundry YN Yes Net Operating Income 50714.00 New Construction YN No New Taxes Expense 13800.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 19186.00 Other Expense 1980.00 Other Expense Description Hoa Property Condition Updated/Remodeled Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Other Tenant Pays ElectricityGasTrash Collection Total Actual Rent 5825.00 Total Expenses 19186.00 Trash Expense 0.00 Water Sewer Expense 1428.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Yuchi Tsai of Sgvapartments.Com Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-21T08:41:05.187. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
     
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