$7,050,000
$7,420,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
536 539 N Anna DR Anaheim, CA 92805
0.68 Acres Lot
Key Details
Sold Price $7,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC20203375
Sold Date 02/22/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1960
Lot Size 0.680 Acres
Property Description
Palm Vista Apartment Homes is a twenty-eight unit multifamily complex located in Anaheim, California. Built in 1960 & 1964 the two parcels consist of 20 - 1 bed / 1 bath and 8 - 2 bed / 1 bath units. Both assets are well maintained and have beautifully landscaped grounds with flowers, plants and clean-cut grass. Open Parking and 28 Garages are available for tenants, which is a nice amenity in the densely populated city and on-site laundry is also provided for the residents. All twenty-eight units have received some type of interior upgrades and exterior renovations include new gas lines to meters, carport roofs, and garage doors.
This property is in a good central Anaheim location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-91 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well maintained apartment community in a premier location within the city. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a great neighborhood near a wide variety of activities, transportation and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth.
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Interior
Heating Wall Furnace
Flooring Carpet, Vinyl, Wood
Fireplace No
Appliance Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Water Heater
Laundry Common Area
Exterior
Parking Features Assigned, Covered, Garage, Paved
Garage Spaces 28.0
Garage Description 28.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition
Total Parking Spaces 33
Private Pool No
Building
Lot Description 26-30 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 07318309
Energy Description 3600.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Matt Hoyt • Apartment Consultants, Inc.