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921 E Balsam Ave
Anaheim, CA 92805
Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 3,896 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Parking Ratio 2.05/1,000 SF
Zoning RM-1200, Anaheim

Amenities

Unit Amenities

  • Disposal
  • Fireplace
  • Storage Space
  • Ceiling Fans
  • Tile Floors

About 921 E BALSAM AVE , ANAHEIM, CA 92805

The Balsam Avenue 4-plex apartments is an income producing 4-plex located in a historically high occupancy neighborhood in Anaheim. The subject properrty has a great unit mix of (2) 3 bed 2 bath and (2) 2 bed 1 bath units which are all occpuied. The current income exceeds $90,000 annually assuring a positive cash flow for a new owner. All apartments have updated kitchens featuring new cabinets,quartz countertops (3 units), and granite countertops (1 unit) and all have tile flooring. Unit A is a large 3 bedroom with fireplace and extra storage room. Units B, C and D have an additional room as well and unti D las a large balcony. The building is well parked as there are 4 single car garages and 7 open spaces; almost a 3:1 parking ratio. The property also has a low monthly operating expense as tenants pay their own utilities. There is an onsite laundry room which provides additional monthly income. The Balsam Avenue apartments sit atop a large 9,042 corner lot and have a pitched composition shingle roof.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $1,620 868
3+2 2 $2,100 1,080

Property Taxes

Property Taxes

Parcel Number
267-011-02
Land Assessment
$516,505
Improvements Assessment
$161,171
Total Assessment
$677,676
  • Listing ID: 18436476

  • Date on Market: 2/6/2020

  • Last Updated:

  • Address: 921 E Balsam Ave, Anaheim, CA 92805

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