927 Bruce Street, Anaheim, CA 92804
  • MLS#: PW24188324 ( Apartment )
  • Street Address: 927 Bruce Street
  • Viewed: 1
  • Price: $3,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 75
  • Additional Information
  • County: ORANGE
  • City: Anaheim
  • Zipcode: 92804
  • Subdivision: Other (othr)
  • Provided by: Triqor Group
  • Contact: James James
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Dont miss out on this outstanding investment opportunity!
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Features
Building Area Total
  1. 7579.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 58
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 16.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
Levels
  1. One
Lot Features
  1. Rectangular Lot
Netoperatingincome
  1. 185128.00
Number Of Separate Electric Meters
  1. 14
Number Of Separate Gas Meters
  1. 14
Parcel Number
  1. 12729214
Pool Features
  1. None
Postalcodeplus4
  1. 4121
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 422848844:CRM
Subdivision Name Other
  1. Anaheim
Totalexpenses
  1. 93257.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 12.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1959
Year Built Source
  1. Public Records