Property Listing No Longer Available for Sale

632 N Alamo St., Anaheim, CA

Multi-family for Sale - $1,095,000 - 3,878 Sq. Ft. on 0.19 acres


Property Info

CIMLS#868785
Location
  632 N Alamo St.
  Anaheim CA 92801
UpdatedMarch 31st, 2016
TypeMulti-family
Price$1,095,000
Building3,878 Sq. Ft.
Land0.19 acres

Property Description

SVN / Vanguard is pleased to present this four unit multi-family property located in one of Anaheim's strongest rental markets. Built in 1963, the property offers (4) 2 bedroom and 2 bathroom units. This property offers investor's stability due to low expenses and seldom vacancies.This property is located in the Northwest Anaheim area of Orange County, conveniently by the intersection of Brookhurst St and Crescent Ave. It is within close proximity to the Brookhurst Center Strip Mall, as well as the Brookhurst Community Park and Dad Miller Golf Course. It offers convenient access to both the 91 and 5 freeways.

Current owner is not charging rent for garage units or collecting revenue for laundry service. Those monies when added make the pro-forma CAP rate 5.1%.

Location Description:

Northwest Anaheim area of Anaheim, CA located conveniently off of Brookhurst St. Property is within close proximity to the Brookhurst Center Strip Mall, as well as the Brookhurst Community Park and Dad Miller Golf Course. Convenient access to the 91 and 5 freeways.

Highlights:

>> Brought all bathrooms and kitchens up to code and rehabbed

>> Installed new appliances, faucets, and other plumbing fixtures, bringing all plumbing up to code

>> Installed new carpeting and tile in every unit

>> Repaired walls and painted all units

>> Installed new windows screens where necessary

>> Painted all exterior walls of building

>> New master electrical box and meters

>> Recently replaced roof on garage

>> New roof on building

>> Rebuilt and installed new decks and deck supports

>> Installed new gutters

* Email for additional photos


Financials

Sales Info:

>> Commision split: 2.5%


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