$1,600,000
$1,675,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2041 S Sprague LN Anaheim, CA 92802
10,018 Sqft Lot
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Anaheim Resort
MLS Listing ID PW23197727
Sold Date 03/25/24
HOA Y/N No
Year Built 1963
Lot Size 10,018 Sqft
Property Description
Excellent Investment/Development Opportunity with Many Options for Huge Gains on this property w/Oversized Lot! Planning Department Pre-Approved! Being Sold w/ Ready-to-Issue (RTI) from Planning Departments (in process) to Develop two (2), 800 sf 2 Bed/2Bath ADU's, 12 New Parking (6 Garages / 6 carports), four (4) Storage units (income), & Laundry Room (income)!!
This garden-style two-story walk-up 4-plex consists of 4 units, all units - 2 bed / 2 bath, w/big front patios, six (6) - 1-car garages located on a Huge Lot at the end of the Cul-De-Sac! Has an onsite laundry room w/Brand New (owner owned) coin-op machines w/great revenue! All units are occupied w/great Long Term Tenants w/significant upside in rents for the future! Following Renovations were done July 2023, New ridge caps on roof, New Water Heaters, exterior paint, metal rails/fencing painted, 2 brand new coin-operated washer & dryer, concrete repair/surfacing on stairs & patios, & landscape.
This lot is Zoned for 7 units! or outfitted for two (2) 800 sq ft ADU's. Being sold with permits to build two (2) ADU's and six (6) new garages.
Near Disneyland Park, Angel Stadium, Anaheim Convention Center, the Platinum Triangle, Honda Center, and the future site of OC VIBE! making this a Very In-Demand Rental Market Now and in the Future! The property is also conveniently located Near CA-5 & CA-22, & CA-57
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Interior
Interior Features Balcony
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven, Gas Range, Water Heater, Dryer, Washer
Laundry Common Area, Laundry Room
Exterior
Parking Features Garage, Garage Faces Rear
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Dog Park, Park, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre, Cul-De-Sac, Front Yard, Sprinklers Timer, Sprinkler System
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 13734326
Energy Description 442.0
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, Contract, Fannie Mae
Financing Conventional
Special Listing Condition Standard
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Bought with Mina Saghafi • Nationwide Realty Inc.