2561 E Ward Terrace new Save Request In-Person Tour Request Virtual Tour
Anaheim,CA 92806
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25168081
HOA Y/N No
Year Built 1968
Lot Size 9,308 Sqft
Property Sub-Type Quadruplex
Property Description
We proudly offer the opportunity to acquire 2561 E Ward Terrace, a well-maintained 4-unit multifamily investment property located in Anaheim, CA. The subject property features an exceptionally diverse unit mix comprised of (1) three-bedroom/two-bathroom unit, (1) two-bedroom/one-bathroom unit, and (2) one-bedroom/one-bathroom units, which attract a large pool of potential renters. Situated on a large 9,310 square foot lot, 2561 E Ward Terrace provides residents with amenities such as on-site laundry, garage parking, and a shared common area courtyard. Unit A is provided (1) double car garage, Units B and C share (1) double car garage, Unit D uses (1) single car garage and is assigned (1) open parking space.
Current ownership has meticulously maintained the subject property with numerous upgrades over the years, including, but not limited to re-stuccoing the entire building three years ago, adding new dual-pane windows three years ago, new washer and dryers added three years ago, hardwood floors in Unit A, new bedroom carpet in Unit B and Unit D, whole house fans in Units A, B, and C and new granite counter tops, new appliances, new hardwood floors, and new bedroom carpet in Unit C (2023).
The building is also equipped with copper plumbing, separate gas and electric meters, a 75-gallon water heater, central air in Unit D, and wall AC/heat in the other three units. Given current ownership's meticulous upkeep, 2561 E Ward Terrace provides a new owner an opportunity to acquire a well-maintained property with an opportunity to further increase value through annual rent increases.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs,Gutter(s),Storm Drain(s),Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 26810111
Energy Description 632.0
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard
Lease Land No