101 N Merrimac Drive , A-D

    Anaheim, CA 92807
    • $1,175,000
    • STATUS: Closed
    • ON SITE: 206 days
    • ID#: PW19023496
    Sold - 04/15/2019
    $1,175,000
    SOLD - 04/15/2019
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,082
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are pleased to present 101 N. Merrimac Drive, a 4-unit apartment complex in Anaheim. The property is conveniently located near the 55 and 91 Freeways, and just minutes from both Yorba Linda and Villa Park. Merrimac Drive is part of a quiet residential neighborhood, and just a short drive from both Eisenhower Park, and The Village at Orange, a large shopping mall that has anchored local retail since 1971. The building itself is comprised of (1) 2-bedroom/2-bathroom unit, and (3) 2-bedroom/1-bathroom units. Tenants enjoy garage parking, patios/balconies, and washer/dryer hookups. *All 2-Bedroom Units on a Corner Lot, *Desirable Location Near Villa Park, *Convenient Access to 55 and 91 Freeways, *Garages, Patios & Washers/Dryers Hookups, *Attractive Interest-Only Financing Available

    Sold by Jay Skenderian of Morgan Skenderian.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-26T00:31:01.303. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/91344178

    101 N Merrimac Drive , A-D Anaheim, CA 92807

    • Price: $1,275,000
    • Status: Closed
    • Updated: 216 min ago
    • ID#: PW19023496
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,082
    SQFT
    $0
    $/SQFT
    1964
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    We are pleased to present 101 N. Merrimac Drive, a 4-unit apartment complex in Anaheim. The property is conveniently located near the 55 and 91 Freeways, and just minutes from both Yorba Linda and Villa Park. Merrimac Drive is part of a quiet residential neighborhood, and just a short drive from both Eisenhower Park, and The Village at Orange, a large shopping mall that has anchored local retail since 1971. The building itself is comprised of (1) 2-bedroom/2-bathroom unit, and (3) 2-bedroom/1-bathroom units. Tenants enjoy garage parking, patios/balconies, and washer/dryer hookups. *All 2-Bedroom Units on a Corner Lot, *Desirable Location Near Villa Park, *Convenient Access to 55 and 91 Freeways, *Garages, Patios & Washers/Dryers Hookups, *Attractive Interest-Only Financing Available
    Exterior Features

    Garage Spaces 5.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Gas Dryer HookupWasher Hookup Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.30 Community Features CurbsSidewalksStorm DrainsStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 0.00 Gross Multiplier 15.23 Gross Operating Income 81189.00 Gross Scheduled Income 83700.00 Insurance Expense 1293.00 Land Lease YN No Laundry YN Yes Maintenance Expense 5683.00 Maintenance Percent 7.00 Net Operating Income 54834.00 New Construction YN No New Taxes Expense 13504.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 26355.00 Operating Expense Percent 31.50 Other Expense 3456.00 Other Expense Description Utility Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 26355.00 Trash Expense 0.00 Vacancy Allowance 2511 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Damien Breaux of Morgan Skenderian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-26T00:31:01.303. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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