Skip To Content

1010 E Anaheim Street

Wilmington, CA 90744
  • $1,500,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: SB24098334
New On Site 6 Days Ago
UPDATED: 106 min ago
$1,500,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Taylor Avakian of TAYVAY Corporation(916-996-4421)


Description

Part of an 8 Building Portfolio! Can be sold individually or asa portfolio. 1010 E Anaheim St is a mostly Stabilized 8 unitapartment in Los Angeles County. Priced at a 9.04 GRM and7.23% Current Cap rate, this asset is ideal for any investorlooking for strong cash flow in a growing submarket of LosAngeles. The subject property boasts an excellent unit mixof (8)1-bed/1-bath Units. At only $187k/Door and $366/SF,this asset provides strong cash flow and immense upside.1010 E Anaheim St is sandwiched between San Pedrosnew Waterfront Project and the City of Long Beach, 1010 EAnaheim is a quickly growing submarket in the South Bay.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-22T09:31:57.263. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/150568669
Print Image

1010 E Anaheim Street Wilmington, CA 90744

  • Price: $1,500,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 106 min ago
  • ID#: SB24098334
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1940
Built
Neighborhood:
196 - East Wilmington
County:
Los Angeles
Area:
196 - East Wilmington
Property Description
Part of an 8 Building Portfolio! Can be sold individually or asa portfolio. 1010 E Anaheim St is a mostly Stabilized 8 unitapartment in Los Angeles County. Priced at a 9.04 GRM and7.23% Current Cap rate, this asset is ideal for any investorlooking for strong cash flow in a growing submarket of LosAngeles. The subject property boasts an excellent unit mixof (8)1-bed/1-bath Units. At only $187k/Door and $366/SF,this asset provides strong cash flow and immense upside.1010 E Anaheim St is sandwiched between San Pedrosnew Waterfront Project and the City of Long Beach, 1010 EAnaheim is a quickly growing submarket in the South Bay.
Exterior Features

Entry Level 1 Entry Location Front Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 8 Open Parking Spaces 8 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 7.23 Common Interest Community Apartment Community Features BikingDog ParkPark Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 165959 Gross Scheduled Income 165959 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional1031 Exchange Net Operating Income 108503 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 52477 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer None Special Listing Conditions Standard Trash Expense 0 Utilities Sewer Not Available Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning LAM2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-22T09:31:57.263. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372775249-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372775249-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372775249-2.jpg
Logo
RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395
Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Taylor Avakian of TAYVAY Corporation(916-996-4421)