1810 W Gramercy Ave 4, Anaheim, CA 92801

Property Description

An epitome of hassle free investment! Tastefully renovated from head to toe to produce top rental income and minimal operating costs. The interior is like a newly built condo in Newport Beach. Show this 4-plex to a client that appreciates quality and wants pride of ownership. Have 3, 2, and 1 bedroom units. Each unit fully equipped with central A/C ( a rare find in Anaheim), recessed lighting, full kitchen appliances in stainless steel, brand new German beachwood cabinets, granite countertops, stainless steel sinks, contemporary style plumbing fixture, fully tiled baths, Mocha wood laminate flooring with new carpeting. Downstairs units with spacious patios appealing to families with kids. All units with detached remote operated garages and in-building laundry machine owned by the property. Landscaping is trendy California desert style drought tolerant plants and drip irrigation to maximize water consumption efficiency. 360 degrees of property wrapped by full HD security camera surveillance system providing 24/7 desktop/cellphone remote monitoring. Property is fully rented with rates setting the benchmark for rental income properties in the City of Anaheim. Building is conveniently located off of N. Euclid Street, withing waking distance of Anaheim Plaza very close to I-5 Freeway and minutes away from Disneyland. GRM is 13.7 and Cap Rate is 5.26% based on actual numbers and not proforma!!!! Agent is one of the principal owners.