Skip To Content

    1767 W Sumac Lane

    Anaheim, CA 92804
    • $4,900,000
    • STATUS: Active
    • ON SITE: 146 days
    • ID#: OC20240792
    UPDATED: 66 min ago
    $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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T20:28:41.327. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/111935673
    Print Image

    1767 W Sumac Lane Anaheim, CA 92804

    • Price: $4,900,000
    • Status: Active
    • Updated: 66 min ago
    • 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

    Garage Spaces 18.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Acres Parking Total 18.00 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 Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 1516.00 Elevation Units Feet Fuel Expense 1516.00 Gross Income 323180.00 Gross Operating Income 313635.00 Gross Scheduled Income 318180.00 Insurance Expense 4182.00 Land Lease YN No Laundry YN Yes Maintenance Expense 10800.00 Net Operating Income 203327.00 New Construction YN No New Taxes Expense 60273.00 Number Of Separate Electric Meters 18 Number Of Separate Gas Meters 18 Number Of Separate Water Meters 1 Number Of Units Leased 18 Operating Expense 110308.00 Other Expense 19580.00 Other Expense Description Misc Other Income1 5000.00 Professional Management Expense 9409.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 26515.00 Total Expenses 110308.00 Trash Expense 1516.00 Vacancy Allowance 9545 Water Sewer Expense 1516.00 Water Source Public Year Built Source Assessor 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 2021-04-12T20:28:41.327. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364970868-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364970868-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364970868-1.jpg
    Logo
    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691