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314 Pearson Avenue, Anaheim

$6,200,000 - 3 Beds - 2 Baths - 24,829 Lot Sq. Ft - 25 DOM

Pearson Gardens is a 20-unit multifamily investment property located in Anaheim, California. Pearson Gardens is a well-maintained, professionally managed property with an excellent unit mix in Anaheim. This garden-style, two-story walk-up features polished landscaping, strong curb appeal, and a gated walk-in entry. The building has a flat roof, a wood frame, and a stucco exterior. Inside, residents enjoy a well-kept interior courtyard, a clean on-site laundry room, and a barbecue area. The 20-unit property features 8, one-bedroom units and 12, two-bedroom/one-bathroom units, with select units including a private patio. All units are separately metered for gas and electricity, with water costs covered by the owner and electricity and gas paid by the residents. The property offers 26 private garage parking spaces, 1 surface parking space, and permitted street parking. Over the last 28 months, 14 units have seen extensive renovations, including 11 fully renovated and 3 partially renovated. Upgrades include new flooring, bathrooms, kitchens, ceilings, fixtures, light switches, outlets, ceiling fans, and fresh paint. Furthermore, all units have been fitted with new dual-pane windows. Additional property enhancements include a new exterior sign package, updated exterior stucco and paint, and improved landscaping. Current ownership has finalized plans for four accessory dwelling units (ADUs), which can be shared with potential buyers. Pearson Gardens is rated “very walkable,” with a walk score of 76. It is conveniently located across the street from Ponderosa Park Family Resource Center, Ponderosa Elementary School, and Ponderosa Park. Proximity to Interstate 5 and the Anaheim Regional Transportation Intermodal Center (ARTIC) ensure convenient access to all of Orange County. Within a 1.5-mile radius of Disneyland Resort and Park, UCI Medical Center, Platinum Triangle, Anaheim Convention Center, Anaheim Business & Industrial Park, Anaheim GardenWalk, Angel Stadium, The Outlets at Orange, and Honda Center. Pearson Gardens’ prime location provides convenient access to major retail, educational, and employment opportunities. Given the strong apartment market in Anaheim, this property presents an investor with the opportunity to attract quality tenants seeking a great location with easy access to various activities, transportation, health, education, and retail amenities.

Listing Agent
Tyler Leeson - Marcus & Millichap RE Invest

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Essential Information

For 314 Pearson Avenue, Anaheim
  • MLS® # OC24105020
  • Price $6,200,000
  • Bedrooms 3
  • Bathrooms 2.00
  • Lot Square Footage 24,829
  • Year Built 1962
  • Type Residential Income
  • Sub-Type Apartment
  • Status Active

Community Information

For 314 Pearson Avenue, Anaheim

Amenities

For 314 Pearson Avenue, Anaheim
  • Parking Spaces 27
  • # of Garages 26
  • Pool None

Interior

For 314 Pearson Avenue, Anaheim
  • # of Stories 2
  • Stories Two

Exterior

For 314 Pearson Avenue, Anaheim
  • Lot Description Street Level

Additional Information

For 314 Pearson Avenue, Anaheim
  • Date Listed May 23rd, 2024
  • Days on Market 25

314 Pearson Avenue Anaheim MLS® #OC24105020

You are viewing the for at 314 Pearson Avenue with the MLS® OC24105020 on Previewochomes.com. This at 314 Pearson Avenue, . 92802 is located in the Other subdivision and is currently for featuring a 24829 sq.ft. lot and listed for sale at $6,200,000. This for at 314 Pearson Avenue with the MLS® # OC24105020 has been listed since 2024-05-23.

Please contact us for additional information and assistance.

Based on information from California Regional Multiple Listing Service, Inc. as of June 17th, 2024 at 12:35am 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: Tyler Leeson of Marcus & Millichap RE Invest