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324 E Leatrice Ln

Anaheim CA 92802

12
6
10890 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

324 E. Leatrice󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃳󠂠󠂁󠂁 Lane is a well-maintained, pride-of-ownership multifamily property located just minutes from Disneyland Park in Anaheim. The property features spacious 2, 3, and 4-bedroom units averaging more than 1,125 square feet, providing an attractive unit mix for a wide range of tenants. Property amenities include updated flooring, kitchens and bathrooms, private patios and balconies, in-unit and on-site laundry facilities, and garage and tandem parking. Recent capital improvements include interior renovations, SB 721 compliance, partial roof replacement, new landscaping and rain gutters, new electrical subpanels and new garage doors, helping minimize near-term capital expenditures. Offered at a 5.9% CAP Rate and 12.35 GRM on current income, this is a high-yield asset in a desirable location. 324 E. Leatrice Lane is a well-maintained, pride-of-ownership multifamily property located just minutes from Disneyland Park in Anaheim. The property features spacious 2, 3, and 4-bedroom units averaging more than 1,125 square feet, providing an attractive unit mix for a wide range of tenants. Property amenities include updated flooring, kitchens and bathrooms, private patios and balconies, in-unit and on-site laundry facilities, and garage and tandem parking. Recent capital improvements include interior renovations, SB 721 compliance, partial roof replacement, new landscaping and rain gutters, new electrical subpanels and new garage doors, helping minimize near-term capital expenditures. Offered at a 5.9% CAP Rate and 12.35 GRM on current income, this is a high-yield asset in a desirable location.

Features

12 bedrooms
6 bathrooms
10890 sq. ft. lot size
Multi-Family

Property history for 324 E Leatrice Ln

2021
Sold
$3,700,000
20 Dec 2021 by Mark Bridge, of Mark Bridge, Broker
2011
Sold
$736,716
07 Sep 2011

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