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$1,155,000
624 W Provential Drive
Anaheim, CA 92805

9,148 SqFt Lot
0.2100 Acres
Land


Status:Active
Excellent investment opportunity!! Huge potential upside cash cow with this 4 plex! All units have private patios and garage, street parking as well! Excellent tenants for years and seldom does a vacancy occur in this area. Low maintenance and well maintained 4 - plex in the heart of anaheim! Excellent mix of units all with 2 br's and one with 1 bath and the other three with 1. 5 ba's. 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, 57 freeway and 91 freeways, and minutes away from disneyland, anaheim stadium, downtown, honda center and meat packing district. Grm and cap rate is based on actual numbers and not proforma!!!! You won't find a better opportunity than this one. Separate utility meters on each unit! Once new owner gets current market rents, income will be $72,000/year & cap 4. 5%, grm 16. 0, great upside potential for double digit roi!!
Basics
Property Type:   Land
Lot Size:   9,148 SqFt Lot
Lot Acres:   0.2100 Acres
Year Built:   1961
Subdivision:   Other (OTHR)
MLS#:   OC18127347
     
Home Features
Two+ Story
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Listing Agent: Doug Merlino    Listing Broker: Beach Pointe Properties Inc    Agent Phone: 7147424601    Broker Phone: 7148484700   

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