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MFListing.com, The Premiere FREE "Flea Market" For MultiFamily and Commercial Properties
Riviera Court 4-Plex
Number of Units: 4
Address: 201 South Ridgeway Street
City: Anaheim
State: California
Zip: 92804
Country: United States
Sale Price: $1,177,000
Status: Active
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Year Built: 1965
Unit Mix: 2: 3Br2Ba 2: 2Br2Ba
Stories: 2
Total Actual Rent/Month: $6,050
Owner Pays: Yard maintenance
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Building Size (sqft): 4,684
Roof Status: composition
Foundation: Concrete Slab
Lot Size: 76ft X 155ft
Meters: Electris separate, Gas separate
Utilities: Electric, natural Gas
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Full Description: Covington-style 4-plex, ten bedrooms eight bathrooms, comprised of two: 3Br2Ba units and two: 2Br2Ba units, three with major quality upgrades; five separate enclosed garages w/new roll-up steel doors. Super location in west Anaheim, Beach Bl & Lincoln Av, super area with two city major redevelolpments now underway. Closeby new condo and townhome projects, see: Anacapa townhomes (very nearby). Knotts Berry Farm easy walk north! All major buslines to OC and Long Beach. Quiet cul de sac of several streets with mostly 4-plex buildings, low density area. Two units have superior high-quality upgrades, tiled floors, limestone flooring, kitchen tiled countertops. Very long list of upgrades! Owners unit: spacious 3Br2Ba front unit with brick fireplace, gas line, dishwasher, new cvrd patio (cover stops 95% UV-rays!). Three separate small yards with newly rebuilt covered patios! Please see photos at: http://www.KodakGalley.com/RivieraCourt/Anaheim4plex
Long-term tenants of nearly ten years, and of nine years! Otherwise, history of min of 5-years tenancies mostly. Very stable community, with several buildings owner-occupied on that block! New owners nicely upgrading their buildings. Magnolia School Dist., walk to Schweitzer Elem. School, and a minute walk to Schweitzer Park! Walk to convenience stores, restaurants, grocery! Tenant's children have nearby huge park for activities; or walking dogs!
Financial Year: 2006
Scheduled Gross Income: $72,000
Vacancy Rate (%): 2
Annual Property Tax: $6,600
Insurance: $4,800
Property management (%): 0
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Unit/Community Features
Air Conditioning
Carpeted Floors
Dishwasher
Disposal
Fireplace
Gas Range
Hardwood or Tile Floors
Public Transportation
Washer/Dryer
Wheelchair Access
coin-operated Laundry
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Location Description: Superior location: Close-by to beaches! Beach Bl & Lincoln Av west Anaheim 92804, just south of Knott's Berry Farm, and close to newly built large condo and townhome communities! Ocean breezes most of the time! Photos: http://www.kodakgallery.com/rivieracourt/anaheim4plex
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Listing Agent/Owner
Listed by: Warren
Strout
Phone: 562-625-3626
Fax: 562-943-6039
This listing has been viewed 3803 times.
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