Anaheim, CA 92804 902 S Fann Street
$2,100,000
26 more
Presented By: Bill Etchegaray with Century 21 Affiliated; 714-797-0863
Baths • 1
SQFT • 4,568
Garage • 7
Home Details
Excellent opportunity to own 14 units in Prime Anaheim rental location! This property is 7 units and is being sold with the mirror-match building next door also with its 7 units. 902 Fann and 906 Fann, Anaheim are being sold together. each building has 7 units; 3 2-bedroom units and 4 1-bedroom units, each unit has a 1 car garage. each unit has separate gas and electric meters. The roof is 4 years old. The building also has a coin operated laundry facility that generates income. All units are under market rent but there is still $121,260 in annual income for 7 units with a conservative Pro Forma of $191,000. Located 1 block to Euclid and Ball with many restaurants and also public transportation as well as close proximity to Disneyland, Knott's Berry farm and all the employment opportunities that Anaheim's Hotels, restaurants and attractions has to offer. Excellent curb appeal will make you proud when you drive by and check out the jewel in your investment portfolio!.
Presented By: Bill Etchegaray with Century 21 Affiliated; 714-797-0863
Interior Features for 902 S Fann Street
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, See Remarks
Heating Y/NYes
Interior AmenitiesGranite Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Laundry FeaturesCommon Area, Laundry Room
Total Stories2
Other Rooms
Entry Level1
General for 902 S Fann Street
AccessibilityNone
Additional Parcels Y/NNo
AppliancesGas Oven, Gas Range, Water Heater, Dryer, Washer
Architectural StyleTraditional
Building Area UnitsSquare Feet
Cap Rate4.5
CityAnaheim
Community FeaturesSuburban, Sidewalks
Construction MaterialsStucco
Contingencynone
CoolingWall/Window Unit(s)
CountyOrange
DirectionsEuclid and Ball Rd
Entry Location1
Garage Spaces7
Garage Y/NYes
Gross Income121260
HOANo
HOA Fee$
HeatingSee Remarks
Insurance Expense4897
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Submit
Lot Size Square Feet12763
Lot Size UnitsSquare Feet
MLS Area79 - Anaheim West of Harbor
Net Operating Income101732
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Operating Expense23125
Pool FeaturesNone
PossessionSee Remarks
PostalCityANAHEIM
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNone
Tax Lot31
Tenant PaysCable TV, Electricity, Gas
Total Actual Rent121260
Trash Expense1400
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense1300
Year Built1959
Year Built SourceAssessor
ZoningR3
Exterior for 902 S Fann Street
Building Area Total4568
FencingBlock, Wrought Iron
Foundation DetailsSlab
Lot Size Acres0.293
Lot Size Area12763
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Parking FeaturesGarage
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking7
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®