2070 S Mountain View Avenue Anaheim, CA 92802

244076886 33.796917 -117.903336 124 /listing/244076886-150194614/2070-s-mountain-view-avenue-anaheim-ca-92802 False 0 4200000.0 105 OC19155477 False
  • $4,200,000
  • 0.48 lot
  • Est payment $22546.51/mo

Property & Neighborhood Info

Multi-Family in Anaheim

PRICE REDUCED and HIGHER INCOME and EXTERIOR RENOVATION IN JULY 2019. This sixteen-unit multifamily property offers nice curb appeal with a strong current cap rate above 4.5% and over 5% on market. Built in 1962, the Mountain View Apartments consists of 13,200 rentable square feet spread across a lot size totaling 0.48 acres. The asset offers 14 - 2 bed / 1 bath units and 2 - 1 bed units. The building has a gated front yard and is nicely landscaped with grass, trees, and plants. The property has plenty of parking including assigned garages as well as an on-site laundry room. A spacious interior courtyard is located in the center of the property. This property is in a good central Anaheim location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the I-5 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire an apartment community with exceptional value-add upside in a solid rental area.

Courtesy Of Mark Bridge, Mark Bridge, Broker
  1. 0.48 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1962
  • Garage: 20.0
  • Floors: 2
  • County: Orange County
  • Units: 16
  • Zoning: R4
  • Subdivision: Other (Othr)
  • MLS Number:OC19155477

Additional Features

  • Laundry:
    • Community
  • Laundry Equipment:
    • Lease
  • Appliances:
    • Gas Oven
    • Gas Range
    • Gas Water Heater
    • Water Heater Central
  • Common Walls:
    • 1 common wall
  • Levels:
    • Two
  • Roof:
    • Flat
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Fencing:
    • Wrought Iron
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 16-20 Units/Acre
  • Pool Features:
    • None
  • Parking:
    • Assigned
    • Concrete
    • Garage
  • Parking Spaces:
    • 25.00
  • Heating:
    • Natural Gas
    • Wall Furnace
  • Sewer:
    • Public Sewer
  • Utilities:
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Phone Connected
    • Sewer Connected
    • Water Connected
  • Community Features:
    • Curbs
    • Gutters
    • Sidewalks
    • Storm Drains
    • Street Lights
  • Number of Buildings:
    • 1
  • Gross Income:
    • 288550.00
  • Net Operating Income:
    • 193998.00
  • CDOM:
    • 243
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Electricity
    • Trash Collection
  • Fuel Exp:
    • 2400.00
  • Gross Operating Income:
    • 288550.00
  • Insurance Expense:
    • 4500.00
  • Lot Size Acres:
    • 0.4800
  • Lot Size Area:
    • 0.4800
  • Lot Size Square Feet:
    • 20908.80
  • Maintenance Exp:
    • 8000.00
  • Number Of Units Leased:
    • 16
  • Operating Expense:
    • 94552.00
  • Price Per SQFT:
    • 318.18
  • Price Per Unit:
    • 262500
  • Tax ID:
    • 13733213
  • Total Expenses:
    • 94552.00

2070 S Mountain View Avenue Anaheim, CA 92802

244076886 33.796917 -117.903336 124 /listing/244076886-150194614/2070-s-mountain-view-avenue-anaheim-ca-92802 False 0 4200000.0 105 OC19155477 False
  • $4,200,000
  • 0.48 lot
  • Est payment $22546.51/mo