219 Palais Road, Anaheim, CA 92805
  • MLS#: OC25014790 ( Apartment )
  • Street Address: 219 Palais Road
  • Viewed: 1
  • Price: $7,850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 86
  • Additional Information
  • County: ORANGE
  • City: Anaheim
  • Zipcode: 92805
  • Provided by: Kirklen Investment Group
  • Contact: Jason Jason
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    a prime investment opportunity at 219 West Palais Road, Anaheim, CA, 92805. This multifamily gem boasts a 14,885 SF building with 28 units, offering a stable asset with current rents at market value. Built in 1960, the property features new dual pane vinyl windows, a pitched roof, and a favorable location within the thriving Anaheim rental market. With 30 covered and 14 open parking spaces, this well maintained property provides convenience and comfort for residents. In addition, 10 of the carport spaces have been upgraded with electric vehicle charging stations built in. Don't miss the chance to invest in this promising garden style multifamily property with immense potential.
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Features
Building Area Total
  1. 14885.00
Carport Spaces
  1. 30.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 52
Electric Expense
  1. 9800.00
Entry Location
  1. Front
Fuel Expense
  1. 18200.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 4617.00
Insurance Expense
  1. 16280.00
Laundry Features
  1. Community
Laundry Income
  1. 400.00
Levels
  1. Two
Lot Features
  1. 36-40 Units/Acre
Netoperatingincome
  1. 468221.00
Newtaxesexpense
  1. 93651.00
Number Of Separate Electric Meters
  1. 28
Number Of Separate Gas Meters
  1. 28
Otherexpense
  1. 24000.00
Otherexpensedescription
  1. On Site
Otherincomedescription
  1. Other Inc. incl. Gross Op. Inc
Parcel Number
  1. 08241220
Parking Features
  1. Carport
Pool Features
  1. None
Professionalmanagementexpense
  1. 33128.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 430660091:CRM
Spa Features
  1. None
Totalexpenses
  1. 250286.00
Trash Expense
  1. 7392.00
Uncovered Spaces
  1. 14.00
View
  1. None
Water Sewer Expense
  1. 18200.00
Water Source
  1. Public
Year Built
  1. 1960
Year Built Source
  1. Assessor
Zoning
  1. RM1200