928 S Fann Street, Anaheim

$1,920,000

0 Beds
0 Baths
4,581 Sqft
6,359 Lot Sqft
7 Garages

The Casa Paloma Apartments are a pride of ownership property nestled in the city of Anaheim. The subject property is comprised of an attractive unit mix of (4) 1 bedrooms and 1 bath and (3) 2 bedrooms and 1 bath. The building boasts very low owner expenses due to separately metered gas and electric and tenants paying for trash. In addition, approximately $250 per month of extra income flows through the convenient on-site laundry facility.
These spacious units have undergone many excellent upgrades and capital improvements inclusive of a new roof (2014) with new turbines and fan ventilators, new rain gutters, some newer windows, newer rolled up garage doors, and more. 4.56 Cap on Actual rents and current management set up, a new investor could achieve a 5 CAP in year one with savvy self-owner management.
The Casa Paloma Apartments are ideally located close to many attractions, amenities, and transportation. Located in an excellent rental neighborhood with low vacancy rate, the building sits within a 4-mile radius of Disneyland Parks, Knott's Berry Farm, shopping centers, Angel Stadium, Amtrak, job employment centers, and more. It also provides easy accessibility to Anaheim transportation systems, local schools, and nearby freeways.

Essential Information
MLS® #PW20028422
Price$1,920,000
Bathrooms0.00
Square Footage4,581
Lot Sqft6,359
Acres0.15
Year Built1960
TypeResidential Income
StatusPending
No of Units7
Community Information
Address928 S Fann Street
SubdivisionOther (OTHR)
CityAnaheim
CountyOrange
StateCA
Zip Code92804
Area

Garden Grove E of Euclid, W of Harbor (64)

Amenities
Parking Spaces7
# of Garages7
Interior
HeatingWall Heater
CoolingWall or Window Units
StoriesTwo
Appliances

Garbage Disposal, Gas Range, Range/Stove Hood

Exterior
RoofComposition
FoundationConcrete Slab
Lot Description

Yard, 6-10 Units/Acre, Lot 6500-9999, Paved, Corner Lot, Sprinkler System

Windows

Insulated Windows (N), Wood Frame Windows (N)

Additional Information
Date ListedFebruary 8th, 2020
Days on Market5
Listing Details
AgentBrad New(01347742)
OfficeVanguard Property Group
Property History
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract
LISTING MAP

Get directions to this property:

Based on information from California Regional Multiple Listing Service, Inc. as of May 30th, 2020 at 12:06pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Sign up for email updates