4 Units - Anaheim: Property For Sale

Properties For Sale 4 Units - Anaheim

4 Units - Anaheim

852 S Dakota St., Anaheim 92805

DRIVE-BY ONLY. Do not disturb tenants. Tenants do not know the property is for sale. Interior inspection with accepted offer.

Offered at:
$1,300,000

Property Description

852 South Dakota Street is an OFF MARKET 4-unit multifamily investment property located in Anaheim, one of the premier housing markets nationwide. The 3,577 square foot property offers spacious two-bedroom floor plans and includes amenities such as garage parking, gated access and on-site laundry. The well maintained property's recent capital improvements include new exterior paint and gates as well as recently painted interiors, bathrooms, tile flooring, bathtubs, and more. The property benefits from its central location between State Route 57 and Interstate 5 which provide residents with convenient access to nearby employment hubs and cities in every direction.

LIVING IN ANAHEIM

Anaheim is a large city located in the state of California. With a population of 352,005 people and 59 constituent neighborhoods, Anaheim is the tenth largest community in California.

Housing costs in Anaheim are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.

Anaheim is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Anaheim is a city of sales and office workers, service providers, and professionals. There are especially a lot of people living in Anaheim who work in office and administrative support (12.57%), sales jobs (10.89%), and management occupations (8.37%).

Also of interest is that Anaheim has more people living here who work in computers and math than 95% of the places in the US.

Anaheim is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although Anaheim is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more.

One important feature of Anaheim is that it is one of the most car-oriented large cities in the country. In fact, 80.07% of people commute to and from work every day by private automobile, eschewing alternative forms of transportation, which are not widely available in Anaheim anyway. So, if you like to drive, Anaheim is the city for you! The landscape around Anaheim reflects this: wide streets, parking lots, plenty of highways, malls, and shopping centers are what you'll find.

In terms of college education, Anaheim is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 25.49% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in Anaheim in 2010 was $27,501, which is middle income relative to California and the nation. This equates to an annual income of $110,004 for a family of four. However, Anaheim contains both very wealthy and poor people as well.

Income

Four 2-Bedrooms 1-Bath $7,205 (Total)
Miscellaneous $270
Monthly Total $7,475

Cash Flow Analysis

Gross Scheduled Income $89,700
Operating Expenses $25,073
Net Operating Income $64,627

Acquisition Data

Down Payment $390,000 (30%)
Loan Amount $910,000 (70%)

Call or E Mail to request a Marketing Package and 10 Year Financial Analysis of this property. Marketing Package includes Complete Property Information, Sales and Rent Comparable Analysis. 10 Year Financial Analysis includes Complete Cash Flow Analysis, Itemized Expenses, Expected Cash Flow, Return on Initial Equity, Expected Gross Income Increase, Tax Benefits, Mortgage Principal Reduction, Expected Appreciation, Depreciation Analysis, Adjusted Cost Basis, Capital Gains Tax On Sale and more.

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