921 E Balsam Ave, ANAHEIM

$1,370,000

0 Beds
0 Baths
3,894 Sqft
.21 Acres
4 Garages

The subject property has a great unit mix of (2) 3 bed 2 bath and (2) 2 bed 1 bath units which are all occpuied. The current income exceeds $90,000 annually assuring a positive cash flow for a new owner. All apartments have updated kitchens featuring new cabinets,quartz countertops (3 units), and granite countertops (1 unit) and all have tile flooring. Unit A is a large 3 bedroom with fireplace and extra storage room. Units B, C and D have an additional room as well and unti D las a large balcony. The building is well parked as there are 4 single car garages and 7 open spaces; almost a 3:1 parking ratio. The property also has a low monthly operating expense as tenants pay their own utilities. There is an onsite laundry room which provides additional monthly income. The Balsam Avenue apartments sit atop a large 9,042 corner lot and have a pitched composition shingle roof.

Essential Information
MLS® #PW20027942MR
Price$1,370,000
Bathrooms0.00
Square Footage3,894
Acres0.21
Year Built1965
TypeResidential Income
Sub-TypeFourplex
StatusActive
Community Information
Address921 E Balsam Ave
AreaAnaheim East of Harbor
CityANAHEIM
CountyOrange
StateCA
Zip Code92805
Amenities
Parking Spaces11
# of Garages4
GaragesGarage
PoolNone
Interior
AppliancesRange
# of Stories2
Exterior
RoofComposition
Additional Information
Date ListedFebruary 7th, 2020
Days on Market68
Listing Details
AgentMichael Arp (01488586)
OfficeMorgan Skenderian
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