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624 W Provential Dr
Anaheim, CA 92805
4 Plex · Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 3,882 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.02/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | R-4 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,882 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | R-4 |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Tile Floors
- Sprinkler System
- Sunroom
- Yard
- Grill
- Garden
- Lawn
- Patio
- Porch
Site Amenities
- Picnic Area
About 624 W PROVENTIAL DR , ANAHEIM, CA 92805
This Anaheim based 4 plex consists of 4 units with an average size of approximately 970SF. Situated near the 5 Freeway and in close proximity to the 91, 22, and 57 Freeways. This location provides easy access to Disneyland, Anaheim Stadium, The Pond and Anaheim Convention Center. There is a great opportunity to increase rents to market value and increase return on investment! Building is conveniently located very close to I-5 Freeway and minutes away from Disneyland, Anaheim stadium, downtown, Honda Center and meat packing district. Current numbers are as follows: Cap Rate: 4.1 GRM: 17.3 Buyer can immediately bump rents to $1,500/month across the board which will be $72,000/annual: Assuming rents are increased * Cap Rate will be at 4.5 and GRM will be at 16 & 50% down at 5% interest: DCR=1.37 Cash Flow=$14,246 Cash on Cash= 2.5% % of total ROI= 4% So much potential in this Anaheim location: You won't find a better opportunity than this one. Separate utility meters on each unit.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,500 | 970 |
| 2+2 | 3 | $1,450 | 970 |
Property Taxes
| Parcel Number | 036-183-24 | Improvements Assessment | $273,408 |
| Land Assessment | $946,006 | Total Assessment | $1,219,414 |
Property Taxes
