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209 S Citron Street

Anaheim, CA 92805
  • $1,599,900
  • STATUS: Pending
  • ON SITE: 24 Days
  • ID#: PW22086251
Pending
$1,599,900
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Ron Arnold of Keller Williams Realty (714-584-2700) and Susan Arnold of Keller Williams Realty(714-584-2700)


Description

This FourPlex(2 units are 3 bed/1 bath and 2 units are 1 bed/1 bath)has been featured in a renown Historic Home Magazine and is an Investors DREAM w/ excellent CAP rate,lots of upward rent potential,property tax savings w/ Mills Act,all on a MASSIVE lot(11,865 sq feet!)that's zoned RM-4 which has possibility of adding multiple units to increase income to an even greater return!Or for the owner-resident,these units have unusually nice curb appeal, along with "Pride of ownership upgrades thru-out,making this a "trophy property w/ attractive neighborhood amenities.A HUGE parking area has 6 uncovered spots,also has lush grassy play area for sports:basketball/baseball/soccer,even gardening.All new awnings,accented by new paint,Rose gardens,a detached freshly repainted 1 bath/1 bed Craftsman Cottage.One garage unit is rented for storage for $150 a month.Large Planters all around,2 orange trees & 2 avocado trees,one lime,one pomegranate,new paint on buildings and fencing/gate,new light fixtures at street frontage,rock bed(acts as dry well),new 80sf storage shed,newer 64 sf alum shed,new fencing.Formally named "Hedges-Mikkelson Court,this property has been designated as historically significant to the Anaheim Colony Historic District under the city of Anaheims Mills Act program,allowing property taxes to be kept low.Most of the gentrifying neighborhood has been gorgeously remodeled and O.C. "Foodies love the local restaurants only steps away at the Packing House.Some extras in each unit:#209 (3/1):new heater,new lights,new kitchen tile countertops &cstained cabinets,complete restroom update,stripped base/picture rail/chair rail moldings,new carpet,refinished/stained wood floors,new back door.stained vintage double hung windows,tankless water heater.#209 (3/1):new lighting,new restroom,new kitchen,new laundry,S/S apron front sink,glass tile backsplash,custom cabinets,media unit,heated tile floor,eco resin closet doors.Down lights thru-out,indirect cove lights,lighting control panel,2 bedrooms downstairs w/folding aluminum doors,wood ceilings/wood accents,stained vintage double hung windows,stripped/finished wood flooring,aluminum entry door,wood folding door into garage,hard wired data outlets,tankless water heater,water softener,all new wiring/plumbing,kohler bath fixtures,new gas heater.#211 (1/1):New bathroom,New Tankless Water heater.#211 (1/1):New kitchen,new bathroom,new siding,electrical,plumbing,tankless water heater,new gas vented heater. A GEM!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128325869
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209 S Citron Street Anaheim, CA 92805

  • Price: $1,599,900
  • Status: Pending
  • On Site: 24 Days
  • ID#: PW22086251
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1924
Built
Neighborhood:
Other (Othr)
County:
Orange
Area:
79 - Anaheim West of Harbor
Property Description
This FourPlex(2 units are 3 bed/1 bath and 2 units are 1 bed/1 bath)has been featured in a renown Historic Home Magazine and is an Investors DREAM w/ excellent CAP rate,lots of upward rent potential,property tax savings w/ Mills Act,all on a MASSIVE lot(11,865 sq feet!)that's zoned RM-4 which has possibility of adding multiple units to increase income to an even greater return!Or for the owner-resident,these units have unusually nice curb appeal, along with "Pride of ownership upgrades thru-out,making this a "trophy property w/ attractive neighborhood amenities.A HUGE parking area has 6 uncovered spots,also has lush grassy play area for sports:basketball/baseball/soccer,even gardening.All new awnings,accented by new paint,Rose gardens,a detached freshly repainted 1 bath/1 bed Craftsman Cottage.One garage unit is rented for storage for $150 a month.Large Planters all around,2 orange trees & 2 avocado trees,one lime,one pomegranate,new paint on buildings and fencing/gate,new light fixtures at street frontage,rock bed(acts as dry well),new 80sf storage shed,newer 64 sf alum shed,new fencing.Formally named "Hedges-Mikkelson Court,this property has been designated as historically significant to the Anaheim Colony Historic District under the city of Anaheims Mills Act program,allowing property taxes to be kept low.Most of the gentrifying neighborhood has been gorgeously remodeled and O.C. "Foodies love the local restaurants only steps away at the Packing House.Some extras in each unit:#209 (3/1):new heater,new lights,new kitchen tile countertops &cstained cabinets,complete restroom update,stripped base/picture rail/chair rail moldings,new carpet,refinished/stained wood floors,new back door.stained vintage double hung windows,tankless water heater.#209 (3/1):new lighting,new restroom,new kitchen,new laundry,S/S apron front sink,glass tile backsplash,custom cabinets,media unit,heated tile floor,eco resin closet doors.Down lights thru-out,indirect cove lights,lighting control panel,2 bedrooms downstairs w/folding aluminum doors,wood ceilings/wood accents,stained vintage double hung windows,stripped/finished wood flooring,aluminum entry door,wood folding door into garage,hard wired data outlets,tankless water heater,water softener,all new wiring/plumbing,kohler bath fixtures,new gas heater.#211 (1/1):New bathroom,New Tankless Water heater.#211 (1/1):New kitchen,new bathroom,new siding,electrical,plumbing,tankless water heater,new gas vented heater. A GEM!
Exterior Features

Exterior Features Awning(S) Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 6 Other Structures Shed(S) Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances Gas RangeTankless Water Heater Common Walls 2+ Common Walls Cooling See RemarksWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileWood Heating CentralNatural GasSee RemarksWall Furnace Heating YN Yes Interior Features Built-In FeaturesCeiling Fan(S)Crown MoldingTile Counters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.46 Common Interest None Community Features Street LightsSidewalks Electric Expense 300 Fuel Expense 216 Garage YN No Gross Income 94500 Gross Scheduled Income 94500 Insurance Expense 2973 Land Lease YN No Laundry Features Inside Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 71340 New Construction YN No New Taxes Expense 9243 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 23160 Pest Control Expense 1068 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays Cable TvElectricityGas Trash Expense 1440 Utilities Electricity ConnectedSewer Connected Water Sewer Expense 1920 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Ron Arnold of Keller Williams Realty (714-584-2700) and Susan Arnold of Keller Williams Realty(714-584-2700)