Anaheim, CA 92805 1401 E Lincoln Avenue
$1,800,000
3 more
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
Home Details
1401 East Lincoln Avenue is a 4-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting of 3, two-bedroom units and 1, three-bedroom townhome unit. Amenities at 1401 East Lincoln Avenue include ample garage and surface parking, an on-site laundry facility, and private patios or balconies. 1401 East Lincoln Avenue benefits from its optimal Anaheim location, situated just under 1 mile from a plethora of unique shops, restaurants, and attractions in Downtown Anaheim. The property is also approximately 1 mile from the Anaheim Packing District, a modern market and food hall featuring more than 30 shops and restaurants. The property is situated within a 3-mile radius of Orange County landmarks including Disneyland, the Anaheim Convention Center, and California State University, Fullerton. Furthermore, the property provides residents with convenient access to State Routes 57 and 91, Interstate 5, and the Anaheim Regional Transportation Intermodal Center (ARTIC), connecting residents to employment hubs throughout Southern California.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
Interior Features for 1401 E Lincoln Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2
Other Rooms
Entry Level1
General for 1401 E Lincoln Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.12
Carport Y/NNo
CityAnaheim
Community FeaturesCurbs, Gutters, Sidewalks
CountyOrange
Days on Market
DirectionsCross Streets of Lincoln Avenue & North East Street
Electric Expense1330.0
Entry LocationFirst level
Fuel Expense1330.0
Garage Spaces6.0
Garage Y/NYes
Gross Income111996.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Item1031Exchange
Lot Size Square Feet6969.6
MLS Area699 - Not Defined
MaintenanceExpense2800.0
MobileHomeRemainsYNNo
Net Operating Income74111.0
New ConstructionNo
Open Parking Spaces2.0
Operating Expense34633.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameLincoln
Tax Lot1, 2
Taxes$19,777
Total Units4
Trash Expense1330.0
View Y/NNo
Water Sewer Expense1331.0
Waterfront Y/NNo
Year Built1977
Year Built SourceAssessor
Exterior for 1401 E Lincoln Avenue
Building Area Total3794.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.16
Lot Size Area0.16
Lot Size SourceAssessor
Lot Size UnitsAcres
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480