25 Beds
13 Baths
9,298 SqFt
25 Beds
13 Baths
9,298 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,298 sqft
Price per Sqft $354
MLS Listing ID 219147081
Bedrooms 25
Full Baths 13
HOA Y/N No
Year Built 1964
Lot Size 9,148 Sqft
Property Description
community of Anaheim. The subject property was completely renovated in
2021-2022 and is in excellent condition. 200 E. Wakefield Ave. offers the new
owner a turnkey, low-maintenance asset with immediate cash flow. The property
features a unique unit mix with units 3, 4, and 5 Bedroom units. Average unit size is 1550 SF with a low cost per square foot of $346. There are
individual enclosed single car garages for each unit at the rear of the building.
Over 10% upside in rents exists through annual increases. The apartment
building is conveniently located in Anaheim, California, offering easy access to a
variety of amenities and attractions. Residents can enjoy proximity to shopping
centers, restaurants, entertainment venues, and recreational facilities, ensuring
a vibrant and fulfilling lifestyle. Disneyland Resort and the Anaheim
Convention Center are both less than 5 minutes away. Property is listed at a true 5.35% Cap rate and 14.00 GRM. All units are currently occupied. Rent range from $2625 to $4095. Please contact agent for details.
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Interior
Heating Forced Air, Wall Furnace
Cooling Air Conditioning, Ceiling Fan(s), Wall/Window Unit(s)
Fireplace false
Exterior
Garage Spaces 6.0
View Y/N false
Private Pool No
Building
Story 2
Entry Level Two
Sewer In Street Paid
Level or Stories Two
Schools
School District Anaheim Union School
Others
Senior Community No
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Schools and Properties Nearby
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