Drive-By only. Contact listing agent for appointment to enter property. We are proud to present 9582-86 Ball Road, an excellent opportunity to acquire a property that features 67% Two Bedroom, Two Bath units. There is substantial rental upside, giving the investor the opportunity to create stable and growing cash flow.
Multi-familyProperty Type
1989Year Built
0.62 acresLot Size
$172Price/Sq.Ft.
37 spacesParking
Listed by Peter Gillin•DRE #01433769• Morgan Skenderian
Bought with Jonathan Mitchell•DRE #01227852• Marcus & Millichap RE Invest
On South Side Of Ball Rd, Not Too Far From Disneyland, A Sign On Street Says 'westcourt Apartments'. Loan Payment Is Based On 25% Down With 7.5% Interest Rate, Amortized Over 30 Years.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Orange County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 9, 2023.
R3
Apartment District
The R3 Apartment District is established to provide for the development and maintenance of very-high-density multifamily residential neighborhoods with taller buildings and a minimum amount of open space. Only those uses which are compatible with very-high-density residential uses are permitted.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 18
# of Parking Spaces: 37
Interior
Unit Type 1 Information
Unit Key Numeric: 2840
Listing Key Numeric: 651856
Actual Rent: $960
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $5,760
Total # of Units: 6
Unit Type 2 Information
Unit Key Numeric: 2841
Listing Key Numeric: 651856
Actual Rent: $1,205
Area Units: Square Feet
Total # of Baths: 2
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $13,255
Total # of Units: 11
Unit Type 3 Information
Listing Key Numeric: 651856
Unit Key Numeric: 2842
Actual Rent: $1,700
Area Units: Square Feet
Total # of Baths: 2
Total # of Beds: 3
Furnished: Unfurnished
Total Rent: $1,700
Total # of Units: 1
Expenses
Trash: $3,354
Pest Control: $1,209
Maintenance: $20,074
Insurance: $2,613
Water Sewer: $8,100
New Taxes: $34,283
Gardener: $3,736
Multi-Unit Information
Net Operating Income: $154,805
Total Building Area: 17,000
Gross Spendable Income: $49,782
Gross Scheduled Income: $250,920
Gross Multiplier: 10.96
Gross Income: $20,910
Maintenance Percent: 8
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 19
# Of Separate Electric Meters: 19
# Of Buildings: 2
Operating Expense Percent: $33
Vacancy Allowance Rate: 5
Vacancy Allowance: 12546
Exterior
Exterior Information
Construction Materials: Frame, Stucco
Lot Information
Lot Size Source: Landlord/Lessor/Owner
Property Information
Total # of Units: 18
Accessibility Features: None
Parcel Number: 12734103
Financial
Lease / Rental Details
Operating Expense: $83,569
Other Expense: $3,000
Other Expense Description: Misc
Location
Location Information
Latitude: 33.81724500
Longitude: -117.96617900
Directions: The subject property is located just west of Brookhurst St and east of Beach Blvd, within easy walking distance to Salk Elementary. The property benefits from excellent visibility on Ball Rd and is conveniently located near the 5, 22 and 91 Freeways.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Orange County
APN: —
Home facts updated by county records on Apr 9, 2023
Other
Listing Information
Days Active in MLS: 3
Continuous Days Active in MLS: 3
Listing Agent Information
List Agent First Name: Peter
List Agent Last Name: Gillin
Listing Office Information
List Office Name: Morgan Skenderian
Selling Agent Information
Buyer Agent First Name: Jonathan
Buyer Agent Last Name: Mitchell
Selling Office Information
Buyer Office Name: Marcus & Millichap RE Invest
Around this home
Schools
Walt Disney Elementary School
Public K-6 • Assigned • 0.6mi
7/10
Dale Junior High School
Public 7-8 • Assigned • 1.0mi
2/10
Magnolia High School
Public 9-12 • Assigned • 0.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 91° expected this year, 24 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Anaheim, CA • 92804
Average low and high temperatures (°F)
70
49
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50
74
54
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55
75
59
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63
80
64
85
67
84
66
79
59
72
52
69
50
Jan
Feb
Mar
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May
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Sun exposure
In this area, properties receive around 9.3 hours in
June and 7 hours in December, placing it above the
U.S. average for solar exposure.