2044 S Nautical St, Anaheim, CA 92802

Property Description

Pride of ownership 4-plex in Anaheim south of the 5 freeway and Orangewood Ave. The unit mix includes (1) 3 bedroom 2 bath and (3) 2 bedroom 1 bath units (great unit mix). This property has approx. 4,483 Sq Ft of living space and is located on a large lot 8,095 Sq Ft with abundant off-street parking. 5 total garage spaces as the front unit has a double car garage and there are 3 single car garages as well (potential for garage income). Tons of amenities for the tenants that include private patios and or balconies, onsite laundry, forced air heating and wall air conditioning, and a fireplace with washer and dryer hook ups in the 3 bedroom unit. The yearly gross scheduled income is excellent at $101,688 and still room to raise rent. Tenants pay for all utilities (they are billed directly for water and trash). This property has it all. Hard to find a value add deal with a going in cap rate of 4.6+%. Great for Owner Occupant!!!