Anaheim, CA 92805,120 E Alberta ST
Anaheim, CA 92805,120 E Alberta ST
Anaheim, CA 92805,120 E Alberta ST
Anaheim, CA 92805,120 E Alberta ST
Anaheim, CA 92805,120 E Alberta ST
Anaheim, CA 92805,120 E Alberta ST
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$1,600,000

$1,850,000

13.5%
Est.Price: ?

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Est. payment /mo

0.3 Acres Lot


SOLD DATE : 08/08/2024

Key Details

Sold Price $1,600,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24103219

Sold Date 08/08/24

HOA Y/N No

Year Built 1922

Lot Size 0.300 Acres

Property Description

120 East Alberta Street is a 5-unit multifamily investment property located in Anaheim, California. The property has a CAP rate of 6.44% and a GIM of 10.93 on market rents. The property spans across 4 buildings, features more than 5,600 rentable square feet, and offers an attractive mix of 3, two-bedroom units, 1, three-bedroom unit, and 1, five-bedroom home. Currently, the five-bedroom home is being rented as separate upstairs and downstairs units. Amenities include single-story construction (select units), security doors, garage parking, and spacious private yards and patios (select units). The property is situated in an optimal Anaheim location, just north of Downtown Anaheim, placing residents moments away from some of Orange County’s most popular destinations. 120 East Alberta Street is located within blocks of Pearson Park, granting residents convenient access to a variety of outdoor activities. Additionally, residents enjoy the property’s close proximity, within walking distance, to the Anaheim Packing District, a trendy culinary hub that is the premier destination in Downtown Anaheim. Furthermore, 120 East Alberta Street is just over 1.25 miles from Anaheim Plaza, providing residents easy access to everyday needs. The property is within a 1.10-mile radius of Interstate 5 and State Route 91, connecting residents to employment hubs throughout Orange and Los Angeles Counties.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Zoning RM-1200

Interior

Heating Forced Air

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 03509608

Energy Description 2525.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest • 714-713-9086
Bought with Tyler Leeson • Marcus & Millichap RE Invest
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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