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2041 S Sprague Lane

Anaheim, CA 92802
  • $1,675,000
  • STATUS: ACTIVE
  • ON SITE: 42 Days
  • ID#: PW23197727
UPDATED: 232 min ago
$1,675,000
  • 8
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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 / Building & Safety Departments to Develop two (2), 800 sf 2 Bed/2Bath ADUs, 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 ADUs. 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 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 / Building & Safety Departments to Develop two (2), 800 sf 2 Bed/2Bath ADUs, 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 ADUs. 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

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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2041 S Sprague Lane Anaheim, CA 92802

  • Price: $1,675,000
  • Status: ACTIVE
  • On Site: 42 Days
  • Updated: 232 min ago
  • ID#: PW23197727
8
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Oc - Anaheim (92802)
County:
Orange
Area:
Oc - Anaheim (92802)
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 / Building & Safety Departments to Develop two (2), 800 sf 2 Bed/2Bath ADUs, 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 ADUs. 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 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 / Building & Safety Departments to Develop two (2), 800 sf 2 Bed/2Bath ADUs, 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 ADUs. 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
Exterior Features

Irrigation AutomaticSprinklers Pool N/K Site Cul-De-SacSidewalks

Interior Features

Cooling Wall/Window Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2

Property Features

Annual Expense Actual 35842 Buildings 2 Cfd Mello Roos Fee 1004.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 84060 Home Owners Fees 0.0 Monthly Total Fees 83 Tenant Pays TrashCable TVElectricityGas/Propane Terms CashConventionalLand Contract Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1615.0 Unit2 Rent Actual 1615.0 Unit3 Rent Actual 1775.0 Unit4 Rent Actual 1750.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Johnny Moreno of Realty Pro 100: 808-292-7422. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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