Property
Presented By: Nathan Abbott with Americal Realty; 626-485-7280
*625 W Provential Dr to be sold with 701 W Provential Dr, total 8 units, total asking price:$3,590,000 inspection upon acceptance of offer, only 15 minutes to Disneyland or Knotts Berry farm. Most units have been renovated, has laundry facility on premises, equipment is leased, all units have back yards, tenants have month to month leases, the units are separately metered. This is a pride of ownership building, very well maintained, units face each other, has nice common area lawn that divides each 4-plex. Has private garages for tenants, State of California Rent Control (no local rent control.)
Presented By: Nathan Abbott with Americal Realty; 626-485-7280
Common Walls2+ Common Walls
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringCarpet, Laminate, Tile
Heating Y/NYes
Interior AmenitiesAll Bedrooms Up, Attic
Laundry FeaturesCommon Area
Total Stories2
Entry Level1
AccessibilityAccessible Doors, Accessible Entrance
Additional Parcels Description03618310
Additional Parcels Y/NYes
AppliancesDisposal, Gas Water Heater, Water Heater
Building Area UnitsSquare Feet
CityAnaheim
Community FeaturesCurbs, Storm Drain(s), Street Lights, Sidewalks
Construction MaterialsDrywall, Concrete, Stucco
ContingencyNone
CountyOrange
Current FinancingConventional
DirectionsW Provential Dr and S.Citron St Very close to Disneyland and Knotts Berry Farm
Entry Location1
ExclusionsLaundry equipment is owned by leasing company, buyer to assume leasing contract, all equipment was new recently, all tenants share facility
Facing DirectionSouth
Garage Spaces12
Garage Y/NYes
Gross Income208764
HOANo
HOA Fee$
HeatingCentral, Forced Air
Insurance Expense2592
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Conventional, Submit
Lot Size Square Feet18299
Lot Size UnitsSquare Feet
MLS Area79 - Anaheim West of Harbor
Net Operating Income197682
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Operating Expense5541
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityANAHEIM
Property Attached Y/NYes
Property ConditionUpdated/Remodeled, Turnkey
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
RoofAsphalt
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameAnaheim Gardens (ANGR)
Tax Annual Amount10258
Tax Lot7 -8
Tax Year2022
Tenant PaysCable TV, Electricity, Gas, Trash Collection, Telephone
Total Actual Rent208764
Trash Expense0
UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense4800
Year Built1961
Year Built SourceAssessor
ZoningMulti Family
Building Area Total7884
FencingNone
Lot Dimensions72X127, 72X127
Lot Features6-10 Units/Acre, Back Yard, Front Yard
Lot Size Acres0.4201
Lot Size Area18299
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters0
Parking FeaturesAssigned, Door-Single, Garage
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking12
Water SourcePublic
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Price
$3,590,000
MLS#AR23160499
List Date
09/01/2023
Property Type
Multi-Family
Phone
(562) 818-1655