Anaheim, CA 92805,909 S Lemon ST
$1,930,000
$1,975,000
2.3%
Est.Price: ?

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0.33 Acres Lot

909 S Lemon ST Anaheim, CA 92805

Est. payment /mo
SOLD DATE : 10/09/2020

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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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California Regional MLS (CRMLS)
Listed by Rick Applebaum • Morgan Skenderian
Bought with Rick Applebaum • Morgan Skenderian

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Andy Cleaves

Broker Associate | License ID: 01383386

+1(951) 732-7122

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