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    1767 W Sumac Lane

    Anaheim, CA 92804
    • $4,900,000
    • STATUS: Active
    • ON SITE: 152 days
    • ID#: OC20240792
    $4,900,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,002
      SQFT
    • $408
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    1767 West Sumac Lane is an 18-unit multifamily investment property located in Anaheim, CA. Located on a 0.53-acre lot, 1767 West Sumac Lane offers one- and two-bedroom units as well as amenities including professional landscaping, garage parking, and on-site laundry. In recent years, 13 out of the 18 units have been upgraded with new cabinetry and granite countertops. Select units have also received remodeled bathrooms and new vinyl flooring. Additionally, the central courtyard has just been re-surfaced with new concrete.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. 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 Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/111935673
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    1767 W Sumac Lane Anaheim, CA 92804

    • Price: $4,900,000
    • Status: Active
    • ID#: OC20240792
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    12,002
    SQFT
    $408
    $/SQFT
    1959
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    1767 West Sumac Lane is an 18-unit multifamily investment property located in Anaheim, CA. Located on a 0.53-acre lot, 1767 West Sumac Lane offers one- and two-bedroom units as well as amenities including professional landscaping, garage parking, and on-site laundry. In recent years, 13 out of the 18 units have been upgraded with new cabinetry and granite countertops. Select units have also received remodeled bathrooms and new vinyl flooring. Additionally, the central courtyard has just been re-surfaced with new concrete.
    Exterior Features

    Lot Features Landscaped Number Of Separate Electric Meters 18 Parking Total 18 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest Community Apartment Community Features CurbsSidewalks Electric Expense 1516 Fuel Expense 1516 Garage YN Yes Gross Income 323180 Gross Scheduled Income 318180 Insurance Expense 4182 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Maintenance Expense 10800 Net Operating Income 203327 New Construction YN No New Taxes Expense 60273 Number Of Separate Gas Meters 18 Number Of Separate Water Meters 1 Number Of Units Leased 18 Operating Expense 110308 Other Expense 19580 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 26515 Trash Expense 1516 Vacancy Allowance 9545 Water Sewer Expense 1516 Water Source Public Zoning R3

    Listing provided courtesy of Tyler Leeson of Marcus & Millichap Re Invest


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. 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 Zember Realty Group. Licensed in the State of California, USA.
     
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    Zember Realty Group
    1125 Linda Vista Dr.
    San Marcos CA, 92078