7
See all 7 photos
$1,550,000
Est. payment /mo
7 Beds
5 Baths
New
2561 E Ward Terrace Anaheim, CA 92806
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25168081
Bedrooms 7
Property Sub-Type Res Income 2-4 Units
Property Description
We proudly offer the opportunity to acquire 2561 E Ward Terrace, a well-maintained 4-unit multifamily investment property located in Anaheim, CA. The subject property features an exceptionally diverse unit mix comprised of (1) three-bedroom/two-bathroom unit, (1) two-bedroom/one-bathroom unit, and (2) one-bedroom/one-bathroom units, which attract a large pool of potential renters. Situated on a large 9,310 square foot lot, 2561 E Ward Terrace provides residents with amenities such as on-site laundry, garage parking, and a shared common area courtyard. Unit A is provided (1) double car garage, Units B and C share (1) double car garage, Unit D uses (1) single car garage and is assigned (1) open parking space. Current ownership has meticulously maintained the subject property with numerous upgrades over the years, including, but not limited to re-stuccoing the entire building three years ago, adding new dual-pane windows three years ago, new washer and dryers added three years ago, hardwood floors in Unit A, new bedroom carpet in Unit B and Unit D, whole house fans in Units A, B, and C and new granite counter tops, new appliances, new hardwood floors, and new bedroom carpet in Unit C (2023). The building is also equipped with copper plumbing, separate gas and electric meters, a 75-gallon water heater, central air in Unit D, and wall AC/heat in the other three units. Given current ownerships meticulous upkeep, 2561 E Ward Terrace provides a new owner an opportunity to acquire a well-maintained property with an opportunity to further increase value through annual rent increases.
Location
State CA
County Orange
Zoning Assessor
Direction 57 North, Exit Lincoln
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 26810111
Listed by Paul Banke Kirklen Investment Group