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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$4,299,000

Est. payment - /mo

8,712 Sqft Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26207417

HOA Y/N No

Year Built 1962

Lot Size 8,712 Sqft

Property Sub-Type Apartment

Property Description

Onondaga Apartment Homes is a FULLY REHABBED (Interior and Exterior) 12 unit multifamily community located at 1125 and 1131 North Onondaga Ave. in the city of Anaheim, California. This two story gated asset benefits from an excellent unit mix of 10 two bedroom, one bath units, 1 two bedroom, 1.5 bath townhome unit and 1 one bedroom, one bath unit with the average spacious unit square footage at approximately 856 square feet! All but one of the units have been completely rehabbed in the last year including new kitchens, new bathrooms, new flooring, fixtures, Quartz countertops with designer backsplashes, new vanities, and new appliances. There are also new vinyl windows throughout the property and private patios or balconies in select units. All of the main electrical panels have also just been replaced to eliminate any issues with insurance carriers. The property is also individually metered for Gas and Electric along with tenants paying for the trash directly to the city of Anaheim keeping operating costs for an owner to a minimum. On-site amenities include garages for each unit, a gated front lawn and on-site laundry room. While actual in place rents are strong providing for great cash flow, there is still room to raise rents for increased cash flow! Additionally, the property boasts an incredibly convenient location located next to shopping, Anaheim Plaza and the 5 & 91 freeways for commuters.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Storm Drain(s), Street Lights

Total Parking Spaces 12

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 07256116

Energy Description 3600.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Ruben Khorsandi Alliance Investment RE Group 949-683-6662, DRE #01085411

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1125 N Onondaga Anaheim, CA 92801