1752 W Sumac Lane

    Anaheim, CA 92804
    • $1,897,500
    • STATUS: Closed
    • ON SITE: 155 days
    • ID#: OC18119949
    Sold - 10/29/2018
    $1,897,500
    SOLD - 10/29/2018
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,920
      SQFT
    • $321
      $/SQFT
    Neighborhood:
    Other (Othr)
    Type:
    Multi-Family
    Built:
    1959
    County:
    Orange
    Area:
    78 - Anaheim East of Harbor

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    Description

    We are pleased to present 1752 W Sumac Lane, an eight-unit multifamily property located in the City of Anaheim. Situated on a 10,495 square foot lot, the property consists of 6 - 2 Bed / 1 Bath units, and 2 - 1 Bed / 1Bath units. Built in 1959, the property has nice curb appeal with plants, trees, & grass in the front. Each unit is individually metered for electricity and gas. There is a spacious interior courtyard, and a separate garage structure for parking. New vinyl wood plank flooring has been installed in two of the units in the living room area. Four of the units received kitchen and bathroom upgrades including ceramic title. A brand new water heater has been replaced about a year ago as well. This is a low maintenance investment opportunity. The property is located right near major retail, educational, and employment opportunities. Disneyland Park and California Adventures is just two blocks away. It is walking distance to various restaurants, grocery stores, and parks. The property is in close proximity to the I-5 and CA-22 Freeways.

    Sold by Matthew Hoyt of Hoyt Real Estate, Inc..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T08:28:40.42. 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. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/84549663

    1752 W Sumac Lane Anaheim, CA 92804

    • Price: $2,010,000
    • Status: Closed
    • Updated: 45 min ago
    • ID#: OC18119949
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    5,920
    SQFT
    $321
    $/SQFT
    1959
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    78 - Anaheim East of Harbor
    Property Description
    We are pleased to present 1752 W Sumac Lane, an eight-unit multifamily property located in the City of Anaheim. Situated on a 10,495 square foot lot, the property consists of 6 - 2 Bed / 1 Bath units, and 2 - 1 Bed / 1Bath units. Built in 1959, the property has nice curb appeal with plants, trees, & grass in the front. Each unit is individually metered for electricity and gas. There is a spacious interior courtyard, and a separate garage structure for parking. New vinyl wood plank flooring has been installed in two of the units in the living room area. Four of the units received kitchen and bathroom upgrades including ceramic title. A brand new water heater has been replaced about a year ago as well. This is a low maintenance investment opportunity. The property is located right near major retail, educational, and employment opportunities. Disneyland Park and California Adventures is just two blocks away. It is walking distance to various restaurants, grocery stores, and parks. The property is in close proximity to the I-5 and CA-22 Freeways.
    Exterior Features

    Construction Materials ConcreteStucco Fence YN Yes Fencing Chain Link Foundation Details Concrete Perimeter Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features GarageOn Site Parking Total 10.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 560 Average1 Bed Area Units Square Feet Average2 Bed Area 800 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall Window Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Heater Heating YN Yes Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Association YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalksStorm DrainsStreet Lighting Country Us Electric Expense 1150.00 Elevation Units Feet Fuel Expense 1453.00 Gardener Expense 581.00 Gross Income 112352.00 Gross Operating Income 112352.00 Gross Scheduled Income 115790.00 Gross Spendable Income 112352.00 Have 8 Units | Anaheim | Mostly 2Bed Insurance Expense 2000.00 Land Lease YN No Laundry Income 1190.00 Laundry YN Yes Maintenance Expense 4000.00 Net Operating Income 70892.00 New Taxes Expense 23805.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 41460.00 Other Expense 3896.00 Other Expense Description Reserves Pest Control Expense 180.00 Professional Management Expense 4200.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Sumac Apartments Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 9550.00 Total Expenses 41460.00 Trash Expense 1000.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 3438 Vacancy Allowance Rate 3.00 Water Sewer Expense 1091.00 Water Source Public Year Built Source Assessor Zoning R3

    Listing provided courtesy of Mark Bridge of Marcus & Millichap Re Invest.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T08:28:40.42. 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. Licensed in the State of California, USA.
     
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