601 N Pauline Street

Anaheim, CA 92805
Property listed by Mark Bridge, Broker, Mark Bridge [email protected]
$2,350,000
Current 6.4% CAP Rate! We are pleased to present 601 N Pauline St, a prime multifamily investment opportunity located in the thriving Anaheim rental market. Built in 1961, the property consists of eight well-maintained 1-bedroom / 1-bathroom units totaling approximately 5,134 square feet on a ±0.23-acre lot. The property featuresRead MoreRead Less
Listing Snapshot
Days Online
5
Last Updated
Property Type
Apartment
Lot Size
0.23 Acres
Year Built
1961
MLS Number
OC26120123
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
Disposal, GasOven, GasRange, RangeHood
Building
Built in 1961, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: Frame, Stucco
Community
Curbs, Gutters, StormDrains, StreetLights, Suburban, Sidewalks
Cooling
None
Expenses
Electric: $2,856, Fuel: $816, Gardener: $1,440, Insurance: $7,320, Maintenance: $4,000, Operating: $55,144, Pest Control: $500, Water/Sewer: $2,856, Other Expense: $5,201
Fireplaces
None
Floors
Carpet, Laminate, Tile, Vinyl
Garage
8 spaces
Heating
NaturalGas, WallFurnace
Income
Gross Income: $210,516, Gross ScheduledIncome: $210,516, Net Operating Income: $150,257
Laundry
CommonArea
Lot
0.23 acres, SixToTenUnitsAcre
Parking
2 open parking spaces, 10 total parking spaces, Assigned, Garage, Paved
Pool
None
Roof
Composition, Shingle
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 03516524, Tax Block: 165, Lot: 035
Tenant Pays
Electricity, Gas, TrashCollection
Utilities
CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected, Water Source: Public, 9 separate electric meters, 9 separate gas meters
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Melanie Kermode
REALTOR® | DRE 01188137
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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.