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2599 E Ward Ter
Anaheim, CA 92806
Ward Terrace 4-plex · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,969 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1968 |
| Lot Size | 0.22 AC | Parking Ratio | 1.26/1,000 SF |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.22 AC |
| Building Size | 3,969 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 1.26/1,000 SF |
ABOUT 2599 E WARD TER , ANAHEIM, CA 92806
The Ward Terrace 4-plex apartments offer a great opportunity to purchase a well run 4-plex on a rarely available cul-de-sac street in Anaheim. The building is 3,969 square feet and features a desirable unit mix of (1) 3 Bed 2 Bath (1) 2 Bed 1 Bath and (2) 1 Bed 1 Bath units. All units have been updated with tile flooring throughout and most have a fresh coat of paint. Two of the apartments have been extensively renovated with new kitchen cabinets, new counter tops, brushed nickel fixtures, and porcelin tile flooring. Tenants enjoy garage parking, enclosed patios, central forced air heating, wall air conditioning, and have access to an onsite laundry room. Additonally owner expenses are minimal as the property is separately metered for gas and electric and the tenants pay for their own portion of the trash bill. This is the first time since 2009 a 4-plex has been available on Ward Terrace; don't miss out on this rare investment opportunity. Listed cap rate and GRM based on proforma rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $2,075 | - |
| 2+1 | 1 | $1,850 | - |
| 1+1 | 1 | $1,398 | - |
| 1+1 | 1 | $1,188 | - |
PROPERTY TAXES
| Parcel Number | 268-101-16 | Improvements Assessment | $162,899 |
| Land Assessment | $1,019,549 | Total Assessment | $1,182,448 |
PROPERTY TAXES
