Courtesy of GoGo Realtors R.H Corp., Yung Sheng Wang. IDX Contact: 626-363-0330

1811 W Gramercy Avenue Anaheim, CA 92801
$1,495,000
beds
0 baths
sq ft

Contact Us to Learn More

David Oronoz

David Oronoz

Principal | Multifamily Investments

DRE# 01838862

Bobby Aschtiani

Bobby Aschtiani

Principal | Multifamily Investments

DRE# 02048373

Chris Pettit

Chris Pettit

Founder

DRE# 01983950

Property Description

INVESTORS! LOOK NO FURTHER. This fully rented 4-plex is an amazing investment opportunity with HIGH CAP RATE. Seller did many upgrades including new roof, new garage doors and new exterior paint. Seller also just remodeled two units early this year. The property has been really well-maintained by seller for many years. There is an onsite laundry room that can be used for additional income. There are total of six parking spots on the property which one of them can be used for guest parking. Each unit has its own electricity and gas meter. The property is located minutes away from freeway 5 & 91. Schools, shopping centers and parks are also just around the corner. You don’t want to miss out on this deal. This will move fast!

Property Details & Features

Property Type

  • Quadruplex

Year Built

  • 1968

Appliances and Equipment

  • Dishwasher
  • Gas Range
  • Gas Water Heater

House

  • 2 total stories
  • Built in 1968
  • Stories: 1
  • 4424 total building sqft
  • Traditional
  • 2+ Common Walls
  • Stucco
  • One
  • Two

Community

  • Street Lights
  • Sidewalks

Cooling

  • No cooling

Expenses

  • Electric Expense: $3,600
  • Insurance Expense: $1,700
  • Operating Expense: $7,700
  • Other Expense: $1,200
  • Water Sewer Expense: $1,200

Fireplaces

  • Living Room

Floors

  • Laminate
  • Tile
  • Vinyl

Foundation

  • Slab

Garage

  • 5 garage spaces

Heating

  • Natural Gas
  • Wall Furnace

Income

  • Gross Income: 85200
  • Gross Scheduled Income: 85200
  • Net Operating Income: 77500

Laundry

  • Common Area
  • Laundry Room

Listing

  • Property Subtype: Quadruplex
  • 2 days on market
  • Listed on 2021-10-05

Location

  • County: Orange
  • Subdivision: Other (OTHR)

Lot

  • 7841 sqft
  • 0.18 acres
  • Area: 7841

Parking

  • 1 open parking space
  • 6 total parking spaces
  • Garage

Possession

  • Close Of Escrow

Property

  • Single building
  • 4 units
  • Property attached
  • Updated/Remodeled

Roof

  • Composition

Security System

  • Carbon Monoxide Detector(s)
  • Fire Detection System
  • Smoke Detector(s)
  • Security Lights

Sewer

  • Unknown

Taxes

  • Annual Amount: $9,633

Tenant Pays

  • Electricity
  • Gas

Utilities

  • Electricity – On Property
  • 220 Volts
  • 5 separate electric meters
  • 5 separate gas meters
  • Cable Available
  • Water Connected

Windows

  • Screens
  • Wood Frames

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