324 Leatrice Ln
Anaheim, CA 92802
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 9,036 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.77/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | RM-4 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 9,036 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | RM-4 |
Amenities
Unit Amenities
- Ceiling Fans
- Vinyl Flooring
Site Amenities
- Laundry Facilities
About 324 LEATRICE LN , ANAHEIM, CA 92802
The Leatrice Lane Apartments is an eight-unit apartment building located in the highly desirable rental market of Anaheim, California within the Greater Orange County area. The property offers an attractive unit mix consisting of (2) four bedroom/ two bathroom units, (3) three bedroom/ two bathroom units, (1) three bedroom/ one bathroom unit, and (2) two bedroom/ one bathroom units totaling 9,036 square feet, situated on an 11,014 square foot lot. The property has gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to: new kitchens, stainless steel appliances, backsplashes, quartz countertops, new bathrooms, and new flooring. Common area amenities include: fresh landscaping, enclosed garages, and on-site laundry room. This offering represents a rare opportunity for an investor to acquire a turnkey, low expense, stable investment in the desirable rental market of Anaheim at a 5.9% CAP Rate and 13% Total Return on current income. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate. **Marketing Package located below.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 2 | $3,300 | - |
| 3+2 | 3 | $2,850 | - |
| 3+1 | 1 | $2,850 | - |
| 2+1 | 2 | $1,850 | - |
Property Taxes
| Parcel Number | 137-339-02 | Improvements Assessment | $424,483 |
| Land Assessment | $3,501,986 | Total Assessment | $3,926,469 |
Property Taxes
