2070 S Mountain View Avenue, Anaheim, 92802

REDUCED 2% Residential Income For Sale in Other (OTHR)

$4,200,000

Beds
Baths
13,200Sqft
.48Acres
1962Built
112DOM
MLS® #: OC19155477
Active, 112 Days on Market

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.

Essential Information

MLS® #: OC19155477
Price: $4,200,000
Bathrooms: 0.00
Square Footage: 13,200
Acres: 0.48
Year Built: 1962
Type: Residential Income
Status: Active

Community Information

Address: 2070 S Mountain View Avenue
Area: Anaheim West of Harbor (79)
Subdivision: Other (OTHR)
City: Anaheim
County: Orange
State: CA
Zip Code: 92802

Amenities

Parking Spaces: 25

Interior

Appliances: Gas Water Heater, Gas Oven, Gas Range, Water Heater Central
Heating: Wall Heater, Natural Gas
# of Stories: 2
Stories: Two

Exterior

Lot Description: 16-20 Units/Acre
Roof: Flat Roof

Additional Information

Date Listed: July 1st, 2019
Days on Market: 112
Zoning: R4

Listing Details

Listing Agent: Mark Bridge(01316702)
Listing Office: Mark Bridge, Broker

Financials

$/SqFt: $318

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Listing information last updated on October 22nd, 2019 at 12:02pm PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of October 22nd, 2019 at 12:02pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.