306 E Wakefield, Anaheim, CA, CA 92802

$1,598,000

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List Price
$1,598,000
Status
ACTIVE
MLS#
OC26192409
County
Orange
Year Built
1968
Building Square Feet
4,164
Square Feet
9,815
Days on Market
40
Property Type
Multifamily
Neighborhood
Other

Property Description

Possibly the best location in all of Orange County! Walking distance to the Anaheim Convention Center (0.65 miles), Disney California Adventure (0.75 miles), Christ Cathedral (0.85 miles), and Angel Stadium (0.85 miles), the property benefits from its proximity to major employment centers, restaurants, shopping, and entertainment. The surrounding area boasts an average household income of over $110,000. The property features a large 4,164 square foot building with an average unit size of approximately 1,041 square feet and an excellent unit mix consisting of (1) 3 Bed / 2 Bath attached house, (2) 2 Bed / 2 Bath units, and (1) 2 Bed / 1 Bath unit. Situated on a corner lot, the property offers an exceptional 14 parking spaces, including 5 garage spaces, two 2-car tandem parking areas, and 5 additional open spaces. With approximately 22% upside in income, plus potential for an ADU, this property offers an outstanding combination of location, large units, abundant parking, and future income potential.

Additional Information

Gross Scheduled Income
$108,540
Operating Expense
36525
Net Operating Income
$70,213
Number of Buildings
1
Lot Features
2-5 Units/Acre, Corner Lot, Cul-De-Sac, Near Park, Near Public Transit, Rectangular Lot, Yard
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Community Features
Street Lights, Suburban, Park

Listing courtesy of Listing Agent: Pat Swanson (pat.swanson@streamrealty.com) from Listing Office: Pat Swanson.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.