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625 W Bellevue Drive

Anaheim, CA 92805
  • $1,770,000
  • STATUS: Closed
  • ON SITE: 117 Days
  • ID#: PW22045789
Sold - 06/23/2022
$1,770,000
SOLD - 06/23/2022
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Rick Applebaum of Morgan Skenderian (949-251-8800) and Paul Espinosa of Morgan Skenderian(949-251-8800)


Description

625 W Bellevue Drive is an immaculately maintained 6-unit apartment community located in the exceptionally strong rental market of Anaheim. Built in 1960,the subject property offers a preferred unit mix of one and two bedroom units. This professionally managed apartment complex, which is on the market for the first time in over 17 years, has been well maintained and has received mild improvements throughout the years. The property offers appealing amenities including security doors, a shared courtyard, an onsite laundry facility and (6) single-car garages. Tenants also enjoy the property's ideal proximity (approximately 1 mile) to the trendy and urban Anaheim Packing District, and is approximately 1.5 miles to Disneyland, a major employer to the citizens of Anaheim and a favorite local attraction. Through modernization of the interiors and increases on current rents, which all tenants are eligible for, this investment opportunity offers a strong long-term hold strategy with exceptional growth potential for any type of investor.

Sold by Doug Rodermund of Morgan Skenderian.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-04T22:25:19.96. 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 Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/126496315
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625 W Bellevue Drive Anaheim, CA 92805

  • Price: $1,775,000
  • Status: Closed
  • On Site: 117 Days
  • Updated: 52 min ago
  • ID#: PW22045789
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1960
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
625 W Bellevue Drive is an immaculately maintained 6-unit apartment community located in the exceptionally strong rental market of Anaheim. Built in 1960,the subject property offers a preferred unit mix of one and two bedroom units. This professionally managed apartment complex, which is on the market for the first time in over 17 years, has been well maintained and has received mild improvements throughout the years. The property offers appealing amenities including security doors, a shared courtyard, an onsite laundry facility and (6) single-car garages. Tenants also enjoy the property's ideal proximity (approximately 1 mile) to the trendy and urban Anaheim Packing District, and is approximately 1.5 miles to Disneyland, a major employer to the citizens of Anaheim and a favorite local attraction. Through modernization of the interiors and increases on current rents, which all tenants are eligible for, this investment opportunity offers a strong long-term hold strategy with exceptional growth potential for any type of investor.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 7 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Buyer Financing Cash Common Interest None Community Features CurbsSidewalks Electric Expense 1687.3 Fuel Expense 1687.3 Garage YN Yes Gross Income 105492 Gross Scheduled Income 105492 Insurance Expense 1948 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 6140 Net Operating Income 66359 New Construction YN No New Taxes Expense 21718 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 35968 Other Expense 500 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 3165 Vacancy Allowance Rate 3 Water Sewer Expense 1687.3 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-04T22:25:19.96. 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 Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Rick Applebaum of Morgan Skenderian (949-251-8800) and Paul Espinosa of Morgan Skenderian(949-251-8800)