PRIDE OF OWNERSHIP, LONG TIME OWNER HAS TAKEN EXCELLENT CARE OF THESE 2- 8 UNITS APARTMENTS. 2 SEPARATE APN THAT THE 2 UNITS FACE EACH OTHER WITH A COMMON COURTYARD. BOTH 2 STORY, ALL UNITS ARE IDENTICAL 1 BEDROOM UNITS. THEY ARE FREESTANDING GAS STOVES, SOLID SURFACE DOUNTERS WITH STAINLESS SINKS. COZY EATING AREAS, FORMAL LIVING ROOMS AND A BEDROOM WITH A FULL TUB/SHOWER BATH. ALL HAVE WALL HEATERS AND WALL/WINDOW AIR CONDITIONERS. 2 LAUNDRY ROOMS THAT ARE UNDERUTILIZED DUE TO THE PRICES BEING $2.00 TO $2.75 PER LOAD ON LEASE. 2 BUILDINGS OF 4 -2 CAR GARAGES. 9 ELECTRIC METERS, COMMON GAS AND WATER PAID BY THE LANDLORD.
FENCED FRONT AND BACK, COMMON PICNIC/BBQ AREA AND SPACIOUS FRONT YARDS. EXTRA PARKING ON THE SIDES PLUS THE GARAGES. THE LOCATION IS WALKING DISTANCE TO SHOPPING AND SCHOOLS. UPSIDE IN THE RENTS AND LAUNDRY
Property Sub Type:
Multi Family
Business Type:
Commercial, Multi-Tenant
Lot Area:
18,920 sq. ft.1,758 m2
Lot Details:
140X135
Topography:
Level
Bathrooms:
-
(Full:-, Half:-)
Year built:
1960
(Age: 65)
General Listing Location:
Anaheim, 78 - Anaheim East of Harbor
County Or Parish:
Orange
Common Interest:
Community Apartment
Gross Scheduled Income:
$282,588
Net Operating Income:
$181,537
Land Lease:
No
Electric Expense:
$23,712
Insurance Expense:
$6,280
Maintenance Expense:
$19,440
Operating Expense:
$104,271
Other Expense:
$1,440
Vacancy Allowance:
$8,477
Vacancy Allowance Rate:
$3
STATE COLLEGE/WESTPORT/ SOUTH OF LINCOLN/ WEST OF RIO VISTA
Inclusions:
FREE STANDING STOVES
Features Excluded:
ALL TENANTS PERSONAL PROPERTY/LAUNDRY EQUIPMENT ON LEASE
Building Name:
WESTPORT APTS
Number of Buildings:
2
# Units Leased:
16
Lease Considered:
No
Community Features:
Park
Laundry Features:
Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room, See Remarks
Lot Features:
16-20 Units/Acre, Landscaped, Near Park, Near Public Transit, Rectangular Lot, Walkstreet, Flat
Current Use:
Commercial
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Num Stories:
2
Entry Level:
1
Construction Materials:
Stucco
Roof:
Composition
# Units:
16
Heating:
Natural Gas, Wall Furnace
Cooling:
Wall/Window Unit(s)
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected