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1459 -1475 S Anaheim Boulevard

Anaheim, CA 92805
  • $4,995,000
  • STATUS: Active
  • ON SITE: 187 Days
  • ID#: OC21119604
UPDATED: 59 min ago
$4,995,000
  • 0
    BEDS
  • 0.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Listing Agent: Doug Merlino of Beach Pointe Properties Inc and Douglas Merlino of Beach Pointe Properties Inc


Description

HUGE PRICE REDUCTION!!! SELLER ENTERTAINING ALL REASONABLE OFFERS!! Great Development opportunity with +/-37,000SF Lot!! Currently property has three tenants and receiving approximately $144,000/annual income! Near Disneyland, great possibilities for future growth!! Property has approximately 400 feet of frontage on Anaheim Blvd. High traffic counts and well located near busy intersection and future Anaheim Growth! Next door Toll Brothers is developing (in process) +/- 300 residential for sale units adjacent to subject property. Anaheim is continuing their redevelopment strategies for unforeseeable future. Very close to Disneyland and just off the 5 freeway! Property is producing almost $12,000/month of income to off set costs while new owner develops land! TRUE VALUE IN THE LAND!! GREAT INVESTMENT OPPORTUNITY!! The current income will offset monthly mortgage while working with the city and developing the land!! WIN WIN!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T13:28:54.543. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/117884635
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1459 -1475 S Anaheim Boulevard Anaheim, CA 92805

  • Price: $4,995,000
  • Status: Active
  • On Site: 187 Days
  • Updated: 59 min ago
  • ID#: OC21119604
0
Beds
0
Baths
0
½ Baths
0.85
Acres
1930
Built
Neighborhood:
78 - Anaheim East of Harbor
County:
Orange
Area:
78 - Anaheim East of Harbor
Property Description
HUGE PRICE REDUCTION!!! SELLER ENTERTAINING ALL REASONABLE OFFERS!! Great Development opportunity with +/-37,000SF Lot!! Currently property has three tenants and receiving approximately $144,000/annual income! Near Disneyland, great possibilities for future growth!! Property has approximately 400 feet of frontage on Anaheim Blvd. High traffic counts and well located near busy intersection and future Anaheim Growth! Next door Toll Brothers is developing (in process) +/- 300 residential for sale units adjacent to subject property. Anaheim is continuing their redevelopment strategies for unforeseeable future. Very close to Disneyland and just off the 5 freeway! Property is producing almost $12,000/month of income to off set costs while new owner develops land! TRUE VALUE IN THE LAND!! GREAT INVESTMENT OPPORTUNITY!! The current income will offset monthly mortgage while working with the city and developing the land!! WIN WIN!!
Exterior Features

Lot Features Near Public TransitPavedValue In Land Sign On Property YN No

Property Features

Additional Parcels YN No Cap Rate 2.6 Common Interest None Current Financing Conventional Gross Scheduled Income 143892 Insurance Expense 1908 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms Cash To New Loan Net Operating Income 128692 Number Of Units Leased 3 Property Sub Type Special Purpose Special Listing Conditions Standard Tax Annual Amount 12400 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T13:28:54.543. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent: Doug Merlino of Beach Pointe Properties Inc and Douglas Merlino of Beach Pointe Properties Inc