Anaheim, CA 92804 3509 W Del Monte Drive
$2,800,000
6 more
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
Home Details
3509 West Del Monte Drive is an 8-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting of 1, one-bedroom unit, 6, two-bedroom units, and 1, three-bedroom unit. Amenities at 3509 West Del Monte Drive include gated pedestrian access that leads to a central courtyard, private patios or balconies, ample garage parking, and an on-site laundry facility. 3509 West Del Monte Drive is located within walking distance of Cypress College, a public community college that boasts an annual enrollment of approximately 16,000 students and employs approximately 900 faculty and staff. As Cypress College does not offer campus housing, the property has the unique opportunity to attract students looking for easy access to campus. The property also benefits from its close proximity to Knott’s Berry Farm, one of Orange County’s top attractions and employers. Furthermore, the property is located within 2 miles from Buena Park Downtown, an enclosed shopping mall that offers over 925,000 square feet of retail space.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
Interior Features for 3509 W Del Monte Drive
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixDrive
Total Stories2
Other Rooms
Entry Level1
General for 3509 W Del Monte Drive
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.45
Carport Y/NNo
CityAnaheim
Community FeaturesCurbs, Gutters, Sidewalks
CountyOrange
Days on Market55
DirectionsCross Streets of West Del Monte Drive & South Knott Avenue
Electric Expense2600.0
Entry LocationFirst level
Fuel Expense2600.0
Garage Spaces10.0
Garage Y/NYes
Gross Income219780.0
HOA0.0
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense4800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet12196.8
MLS Area699 - Not Defined
MaintenanceExpense5600.0
MobileHomeRemainsYNNo
Net Operating Income152674.0
New ConstructionNo
Operating Expense60513.0
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 NameDel Monte
Tax Lot2
Taxes$30,857
Total Units8
Trash Expense2600.0
View Y/NNo
Water Sewer Expense2600.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
ZoningRM12
Exterior for 3509 W Del Monte Drive
Building Area Total8313.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.28
Lot Size Area0.28
Lot Size SourceAssessor
Lot Size UnitsAcres
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking10.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480