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1146 W Fay Lane, Anaheim, CA

$2,750,000 - $2.8M Price - 7,936 Sqft - 16,800 Lot Sq. Ft - 44 DOM

The West Fay Lane Apartments is a ten-unit apartment building located in the strong rental market of Anaheim, California within the Greater Orange County area. Built in 1962, the property offers an attractive unit mix comprised of (3) two-bedroom/ two bathroom units and (7) one-bedroom/ one-bathroom units totaling 7,936 square feet, situated over a large 16,800 square foot lot. Tenant amenities include ample on-site parking including enclosed garages. large courtyard, private patios, gated access, and an on-site laundry facility. This offering represents a rare opportunity for an investor to achieve a 4.75% CAP Rate / 7.48% total return with current rents on a stable investment property in the solid rental market of Anaheim, California.

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Essential Information

For 1146 W Fay Lane, Anaheim, CA
  • MLS® # OC20186152
  • Price $2,750,000
  • Bathrooms 0.00
  • Square Footage 7,936
  • Lot Square Footage 16,800
  • Year Built 1962
  • Type Residential Income
  • Status Active

Community Information

For 1146 W Fay Lane, Anaheim, CA

Amenities

For 1146 W Fay Lane, Anaheim, CA
  • Parking Spaces 22

Interior

For 1146 W Fay Lane, Anaheim, CA
  • # of Stories 2
  • Stories Two

Exterior

For 1146 W Fay Lane, Anaheim, CA

Lot Description

For 1146 W Fay Lane, Anaheim, CA

Corner Lot, Cul-De-Sac, Landscaped, Near Public Transit

Additional Information

For 1146 W Fay Lane, Anaheim, CA
  • Date Listed September 7th, 2020
  • Days on Market 44

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The subject comprises of two four-unit apartment complexes located at 212 and 226 East Clifton Avenue in the City of Anaheim, Orange County, California 92805. These four-plexes are condominiums that are part of a larger 56 unit condominium complex, which comprises of 13 Four-plexes and 2 Duplexes, situated on a 2.82 acre site. Common area amenities, which are maintained and managed by an in-placed HOA, include Pool, Spa, BBQ area, and 4 common

1146 W Fay Lane Anaheim MLS® #OC20186152

You are viewing the for at 1146 W Fay Lane with the MLS® OC20186152 on Previewochomes.com. This at 1146 W Fay Lane, CA . 92805 is currently for featuring 7936 sq.ft. of living space, a 16800 sq.ft. lot and listed for sale at $2,750,000. This for at 1146 W Fay Lane with the MLS® # OC20186152 has been listed since 2020-09-07.

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Based on information from California Regional Multiple Listing Service, Inc. as of October 25th, 2020 at 6:31am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Property Listed By: Greg Bassirpou(01365951) of Marcus & Millichap RE Invest