Homes by Email

Be the first to see new listings as soon as they hit the market!

Magnum Realty Services

Mark E. Cestaric
Real Estate Broker
714-606-9491
MarkeCestaric@gmail.com
Contact Me
DRE#: 009883926

Contact Me





* fields are required
Back to Saved Search
Listing 8 out of 15
$1,150,000 Active Under Contract

412 N Brookhurst Street
Anaheim, CA 92801

4 units | Multi Family Home
6534 sq ft lot - MLS# CV19152607
Property Photo
1/18

Description

We are pleased to present 412 Brookhurst, a four-unit multifamily apartment located in a great rental market with strong employment opportunities in the City of Anaheim. The property is comprised of three townhome style 2 bedroom/1.5 bath units and one single level 2 bedroom/2 bath unit. This two story building was built in 1977. Copper piping throughout. The roof was replaced in 2009 and new double pane windows were installed in 2014. All exterior security lighting have been updated with LED fixtures for energy savings. Some units were completely renovated in the recent years with new kitchen cabinetry, granite counter, hardwood floor and new bathroom. Increase the demand and higher income potential. Each unit has its own private patio, three of them are covered. There are four garages and one carport, plus tandem parking spaces for the tenants. The building is individually metered for gas and electricity. There is a vacant laundry room on site, allow the new owner to set up laundry services for additional income. This well maintained property has a security gate and great curb appeal. Mature landscaping is maintained by the HOA as well as an activity center for youth & all residents. Tenants are long term. Current rent is below market average. There are plenty of upsides in rent. Close to major freeways, shopping, and restaurants. This fabulous multifamily community offers the investor a great opportunity to own an ease of care and pride of ownership property.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active Under Contract
  • Zip Code: 92801
  • Year Built: 1977
  • Subdivision/Neighborhood: Other
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 5.00
  • Lot Size: 6534 sq ft lot
  • Accessibility: Parking
  • Area: 79 - Anaheim West of Harbor
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood
  • Appliances YN: Yes
  • Association Amenities: Playground, Sport Court, Clubhouse, Maintenance Grounds
  • Association YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3387.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.40
  • Carport Spaces: 1.00
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks
  • Construction Materials: Stucco
  • Cooling: Wall/Window Unit(s)
  • Cooling YN: Yes
  • Country: US
  • Directions: From I-5 or 91 Frwy, exit Brookhurst south bound. Near intersection at Alameda Ave.
  • Fence YN: Yes
  • Fencing: Privacy, Wrought Iron
  • Flooring: Carpet, Tile, Wood
  • Foundation Details: Slab
  • Fuel Expense: 588.00
  • Garage Spaces: 4.00
  • Gross Income: 69900.00
  • Gross Multiplier: 16.45
  • Gross Scheduled Income: 69900.00
  • HOA Fee: 165.00
  • HOA Frequency: Monthly
  • HOA Name: Oak Garden
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Insurance Expense: 1390.00
  • Interior Features: Balcony, Copper Plumbing Full
  • Laundry Features: Common Area, Gas Dryer Hookup, Individual Room, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01403172
  • Listing Office License: 01804623
  • Lot Features: Front Yard, Garden, Landscaped, Level with Street, Level
  • Lot Size Area: 6534.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 50714.00
  • New Taxes Expense: 13800.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Operating Expense: 19186.00
  • Other Expense: 1980.00
  • Other Expense Description: HOA
  • Parking Features: Assigned, Attached Carport, Driveway - Brick, Concrete, Garage, Garage Faces Rear, Tandem Uncovered
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Property Condition: Updated/Remodeled
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Room Type: All Bedrooms Up
  • Sewer: Public Sewer
  • Total Actual Rent: 5825.00
  • Total Expenses: 19186.00
  • Water Sewer Expense: 1428.00
  • Water Source: Public
  • Window Features: Double Pane Windows
  • Year Built Source: Assessor
Courtesy of Sgvapartments.com Inc, Yuchi Tsai

Mark E. Cestaric
Costa Mesa, CA 92626
Phone: 714-606-9491
Email: markecestaric@gmail.com

Connect With Me

Newsletter

Subscribe to my newsletter...

* fields are required

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu