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2040 South NAUTICAL St, Anaheim, CA 92802
2040 South NAUTICAL St, Anaheim, CA 92802
2040 South NAUTICAL St, Anaheim, CA 92802
2040 South NAUTICAL St, Anaheim, CA 92802
2040 South NAUTICAL St, Anaheim, CA 92802
Listing courtesy of: Kourt Williams, CC & B Solutions Inc.
For Sale (MLS-listed)
$790,000

2040 South NAUTICAL St Anaheim, CA 92802

Beds: 7
Baths: 4
Sq. Ft.: 4,482
$/Sq. Ft.: $176
Lot Size: 8,159 Sq. Ft.
Property Type:Multi-Family
Style:Two Level, Traditional
Year Built: 1969
Community: Anaheim East of Harbor
County: Orange
MLS#: S09116179
Source: MRMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 28 days
Well located four-plex provides an ideal investment opportunity to obtain a 100% occupied income property. Located in the City of Anaheim, known for it~s high-demand for affordable multi-family housing due to it~s easy freeway access to anywhere in Orange County and close proximity to cities like Fullerton, Santa Ana and Irvine. The complex is strategically located a short distance from the 5, 57 and 22 freeways, shopping centers and walking distance to an exceptional elementary school and middle school. The complex offers three two-bedroom units with balconies, and one three bedroom cottage-style unit with private patio, providing over 4,482 rentable square feet. The units are individually metered for gas and electric with gas range ovens and heating. Parking is ample with garage and street parking. The complex has laundry facilities on-site, offering convenience for tenants, and additional income to the owner.

Equipment

  • Dishwasher
  • Refrigerator
  • Garbage Disposal

Heating & Cooling

  • Forced Air Heating
  • Central Air Conditioning
  • Ceiling Fan(s)
  • Water Heater

Building Information

  • Stucco Exterior
  • Shingle Roof
  • Frame and Stucco Construction

Multi-Family Information

  • # Leased: 4
  • # of Buildings: 1
  • # of Carpets: 4
  • # of Dishwashers: 4
  • # of Disposals: 4
  • # of Drapes: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Patios: 4
  • # of Ranges: 4
  • # of Refrigerators: 4
  • 2 Bedroom Square Footage: 1,058
  • 3 Bedroom Square Footage: 1,400
  • Tenant Pays Cable TV
  • Tenant Pays Electricity
  • Tenant Pays Gas

Unit 3 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,350
  • Monthly Rent (Total): $1,350
  • Projected Monthly Rent (Total): $1,450

Location Information

  • Cross Streets: Orangewood Ave.
  • Legal Tract #: 6984
  • Legal Lot #: 10

Expense Information

  • Total Annual: $18,110
  • Electric: $1,600
  • Gardener: $500
  • Insurance: $1,420
  • Gas: $1,000
  • Maintenance: $3,900
  • Operating: $18,110
  • Water: $1,000

Laundry Information

  • Community Laundry
  • Laundry Equipment Owned

Utility Information

  • Public Water

Community Features

  • Units in Complex (Total): 4

Unit 1 Information

  • Number: 1
  • # of Beds: 3
  • # of Baths: 2
  • Unfurnished
  • Monthly Rent: $1,700
  • Monthly Rent (Total): $1,700
  • Projected Monthly Rent (Total): $1,800

Lot Information

  • Lot Size (Sq. Ft.): 8,159
  • Lot Size Source: Public Records
  • Landscaped
  • Lawn
  • Yard
  • Paved Alley
  • Sidewalks
  • Alley Access
  • On Cul-De-Sac

Property Information

  • Land Lease Type: Fee
  • Assessed Improvement Percent: 29
  • Tax Parcel Number: 13743128

Listing Information

  • MLS: MRMLS
  • Possession: Close Of Escrow
  • Listing Terms: Standard Sale
  • Listing Terms: Cash To New Loan

Interior Features

  • Concrete Slab Floors
  • Window Drapes/Curtains

Parking Information

  • # of Garage Spaces: 4
  • # of Parking Spaces (Total): 4
  • # of Other Spaces: 4
  • Interior Access

Property Features

  • Full Copper Plumbing

Unit 2 Information

  • Number: 2
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,300
  • Monthly Rent (Total): $2,600
  • Projected Monthly Rent (Total): $2,900

Land Information

  • Assessed Land (%): 71

Financial Information

  • Capitalization Rate (%): 6.59
  • Net Operating Income: $52,090
  • Monthly Gross Income: $5,850
  • Gross Operating Income: $70,200
  • Gross Scheduled Income: $70,200
  • Laundry Income: $2,400
  • Actual Rent (Total): $5,650
  • Gross Rent Multiplier: 11.25
  • Tax (Total): $7,287
  • Tax Rate Year: 2009

Listing last changed

November 11, 2009, 2:02 PM

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Property History for 2040 South NAUTICAL St

Date Event Price Appreciation Source
Oct 30, 2009 Listed $790,000 -- MRMLS #S09116179

Public Facts for 2040 South NAUTICAL St

Beds: -
Baths: -
Finished Sqft: 4478
Unfinished Sqft: -
Total Sqft: 4478
Floors: -
Lot Size: 8,159
Style: Multi-Family (2-4 Unit)
Year Built: 1969
Year Renovated: -
County: Orange County
APN: 13743128
Last Updated: November 14, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $435,296
Additions $179,037
Total $614,333
Tax (2008) $7,018

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