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Key Details
Sold Price $1,930,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW20113637
Sold Date 10/09/20
HOA Y/N No
Year Built 1953
Lot Size 0.330 Acres
Acres 0.33
Property Description
We are pleased to offer 909 S. Lemon Street, a beautifully & thoroughly remodeled 7-unit apartment investment located in an “Opportunity Zone”. 909 S. Lemon Street has seen approximately $200,000 infused into renovations and upgrades which are highlighted below. These high-end finishes and quality improvements make this building one of the nicest and most upgraded properties currently available on the market, prime for the investor looking to produce immediate cash flow with minimal efforts. The fresh curb appeal from the new landscaping and its ideal proximity (approximately 1 mile) to Disneyland, Anaheim Convention Center, Downtown Disney as well as Downtown Anaheim, Anaheim Packing District and Anaheim Colony Historic District, makes attracting high-quality tenants at maximum rents a very simple task. This is an excellent investment opportunity to own a beautifully remodeled, single-story apartment complex in one of the strongest rental markets in the county. *5% CAP on Current Rents, *100% Rent Collections Since Start of COVID Pandemic, *Potential Financing Available with 30% Down Payment
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 14
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 25105119
Acceptable Financing Cash, Cash to New Loan, Owner May Carry, Private Financing Available
Listing Terms Cash, Cash to New Loan, Owner May Carry, Private Financing Available
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Rick Applebaum • Morgan Skenderian
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960