906 S Fann Street, Anaheim, CA 92804

$2,100,000

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List Price
$2,100,000
Price Change
▼ $200,000 1748481768
Status
ACTIVE
MLS#
PW25025300
Year Built
1960
Lot Size
6,312
Acres
0.14
Days on Market
537
Property Type
Multifamily
Style
Traditional
Property Sub Type
Mixed Use
Stories
Two Levels
Neighborhood
Unknown

Property Description

Excellent opportunity to own 14 units in Prime Anaheim rental location! This property is 7 units and is being sold with the mirror-match building next door also with its 7 units. 902 Fann and 906 Fann are being sold together. each building has 7 units; 3 2-bedroom units and 4 1-bedroom units, each unit has a 1 car garage. each unit has separate gas and electric meters. The roof is 4 years old. All units are under market rent but there is still $121,260 in annual income for 7 units with a conservative Pro Forma of $191,000. Located 1 block to Euclid and Ball with many restaurants and also public transportation. The building also has a coin operated laundry facility that generates income. Excellent curb appeal will make you proud when you drive by and check out the jewel in your investment portfolio!.

Additional Information

Other Buildings
Storage
Pool Description
None
Heat
See Remarks
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Courtyard
Exterior Construction
Stucco
Roof
Composition
Garage Spaces Total
7
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
7
Gross Scheduled Income
$125,400
Operating Expense
16400

Listing courtesy of Listing Agent: Bill Etchegaray (billetchegaray@gmail.com) from Listing Office: Century 21 Affiliated.

Mortgage Calculator

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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.