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2071 S Mountain View Ave

16 Unit Block of Flats £3,945,000 (£246,562/Unit) 5.05% Net Initial Yield Anaheim, CA 92802

Executive Summary

Amazing opportunity in Anaheim; bordering the Platinum Triangle. Off Orangewood Avenue and Mountain View Ave is a two story 16 apartments with a variety of 2 bedroom 1 bath, also of 1 bedroom 1 bath units. These apartments feature spacious living rooms with one full bathroom, gas ranges, newer windows and roof. Additionally, each tenant has their own individual aluminum garage door and open parking space (2 to 1 parking ratio). The structure has been upgraded with a newer roof, plumbing, underground electrical, automatic valves gas. The building sits atop a spacious rectangular lot and is located in one of Anaheim’s premier rental markets - The Anaheim Resort. Freeway access to 5 and 57 within minutes, prestigious schools, 5 minutes away from retail shopping - The Outlets at Orang, parks - Ponderosa Par, are all within walking distance. The apartments will be a sought-after rental location for years to come.

Property Facts

Price £3,945,000
Price Per Unit £246,562
Sale Type Investment
Net Initial Yield 5.05%
Sale Conditions 1031 Exchange
No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.44 AC
Building Size 22,165 SF
Number of Floors 2
Year Built 1962
Parking Ratio 2.73/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready

Site Amenities

  • Laundry Facilities
Transit Score ®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
137-333-05
Land Assessment
£1,219,120
Improvements Assessment
£400,963
Total Assessment
£1,620,084

zoning

Zoning Code RM-1200
RM-1200
  • Listing ID: 32311137

  • Date on Market: 17/06/2024

  • Last Updated:

  • Address: 2071 S Mountain View Ave, Anaheim, CA 92802

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