Property listed by Kirklen Investment Group, Paul Banke 949-942-1300
$1,510,000
We proudly offer the opportunity to acquire 2561 E Ward Terrace, a well-maintained 4-unit multifamily investment property located in Anaheim, CA. The subject property features an exceptionally diverse unit mix comprised of (1) three-bedroom/two-bathroom unit, (1) two-bedroom/one-bathroom unit, and (2) one-bedroom/one-bathroom units, which attract a large pool of potential renters.… Read More Situated on a large 9,310 square foot lot, 2561 E Ward Terrace provides residents with amenities such as on-site laundry, garage parking, and a shared common area courtyard. Unit A is provided (1) double car garage, Units B and C share (1) double car garage, Unit D uses (1) single car garage and is assigned (1) open parking space.
Current ownership has meticulously maintained the subject property with numerous upgrades over the years, including, but not limited to re-stuccoing the entire building three years ago, adding new dual-pane windows three years ago, new washer and dryers added three years ago, hardwood floors in Unit A, new bedroom carpet in Unit B and Unit D, whole house fans in Units A, B, and C and new counter tops, new flooring, and new bedroom carpet in Unit C (2025).
The building is also equipped with copper plumbing, separate gas and electric meters, a 75-gallon water heater, central air in Unit D, and wall AC/heat in the other three units. Given current ownership’s meticulous upkeep, 2561 E Ward Terrace provides a new owner an opportunity to acquire a well-maintained property with an opportunity to further increase value through annual rent increases. Read Less
Listing Snapshot
Days Online
300
Last Updated
Property Type
Quadruplex
Lot Size
0.21 Acres
Year Built
1968
MLS Number
OC25168081
Additional Details
Building
Built in 1968, 1 building, 1 storey, Levels: One, Entry level: 1, Entry location: Front
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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