Property listed by Prime Desert Estates, Paul Matusik 714-875-2400
$3,295,000
Prime Net Lease Inc. is pleased to offer 200 E. Wakefield Ave. in the desirablecommunity of Anaheim. The subject property was completely renovated in2021-2022 and is in excellent condition. 200 E. Wakefield Ave. offers the newowner a turnkey, low-maintenance asset with immediate cash flow. The propertyfeatures a unique unit mix… Read More with units 3, 4, and 5 Bedroom units. Average unit size is 1550 SF with a low cost per square foot of $346. There areindividual enclosed single car garages for each unit at the rear of the building.Over 10% upside in rents exists through annual increases. The apartmentbuilding is conveniently located in Anaheim, California, offering easy access to avariety of amenities and attractions. Residents can enjoy proximity to shoppingcenters, restaurants, entertainment venues, and recreational facilities, ensuringa vibrant and fulfilling lifestyle. Disneyland Resort and the AnaheimConvention Center are both less than 5 minutes away. Property is listed at a true 5.35% Cap rate and 14.00 GRM. All units are currently occupied. Rent range from $2625 to $4095. Please contact agent for details. Read Less
Listing Snapshot
Days Online
1
Last Updated
Lot Size
0.21 Acres
Year Built
1964
MLS Number
219147081DA
Additional Details
Appliances & Equipment
WaterHeater
Building
Built in 1964, 1 building, 2 stories, Levels: Two
Cooling
WallWindowUnits
Floors
Tile, Wood
Garage
6 spaces
Heating
ForcedAir, WallFurnace
Home Owner's Association
Association Fee: $0
Lot
0.21 acres
Parking
12 total parking spaces, Assigned
Property
UpdatedRemodeled
Taxes
Parcel Number: 13733502
Utilities
7 separate electric meters, 6 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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