Anaheim, CA 92801 110 N Belinda Circle
$1,975,000
24 more
Presented By: Babak Mehranvar with HomeSmart, Evergreen Realty; 949-338-5394
Home Details
Welcome to 110 North Belinda Circle, Anaheim, CA, 92801, a Prime Income Property in Anaheim. Located in the heart of Anaheim, this exceptional 4-unit income property offers a unique blend of modern amenities, ample parking, and a prime location. With a total lot size of 11,761 sqft, this property provides a rare opportunity for investors to acquire a spacious and well-maintained asset in a desirable area. In March 2023, the property underwent a comprehensive renovation, which cost approximately $200,000. The renovations included fresh paint throughout the property, remodeled bathrooms in all units, and new rain gutters. These updates have transformed the property into a modern, inviting living space perfect for attracting and retaining tenants. The property consists of four units, each with its unique features. Three of the units are 2-bedroom, 1-bathroom apartments, offering a comfortable living space for tenants. The fourth unit is a 2-story, 3-bedroom, 2-bathroom townhouse with a fireplace in the living room, providing a spacious and private living area. Each unit has been carefully designed to maximize natural light and take advantage of the property's prime location. In addition to the recent renovations, the property boasts a range of amenities, making it an attractive option for tenants. These include a spacious laundry room with a washer and dryer, which will be included in the sale and free from lease agreements.
There will also be ample parking with six designated spots and a 3-car garage, offering convenience for tenants and visitors. A large 11,761 sqft lot, providing a unique opportunity for investors to explore potential Additional Dwelling Unit (ADU) development. ADU Potential: The increasing demand for housing in Anaheim could increase the property's income potential and enhance its overall value. The property is in a prime location in Anaheim, offering easy access to local amenities, public transportation, and major highways. The surrounding area is characterized by a mix of residential and commercial properties, making it an attractive location for tenants and investors. This exceptional income property presents a rare opportunity for investors to acquire a modern, well-maintained asset in a desirable Anaheim location. With its recent renovations, ample parking, and potential for ADU development, this property is poised to generate solid returns and appreciate value over time.
Presented By: Babak Mehranvar with HomeSmart, Evergreen Realty; 949-338-5394
Interior Features for 110 N Belinda Circle
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommonArea, InCarport
Total Stories1
Other Rooms
Entry Level1
General for 110 N Belinda Circle
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.71
Carport Y/NNo
CityAnaheim
Community FeaturesPark
ContingencyThe Seller will be in a 1031 exchange transaction for his future investment
CountyOrange
DirectionsSW Corner of Belinda
Electric Expense1500.0
Electric On Property Y/NNo
Entry LocationFirst Floor
Fuel Expense1351.0
Garage Spaces3.0
Garage Y/NYes
Gross Income144516.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3373.6
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Lot Size Square Feet11761.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income112707.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Open Parking Spaces6.0
Operating Expense31809.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot6
TermsExchange1031
Total Actual Rent144516.0
Trash Expense877.8
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense1500.0
Waterfront Y/NNo
Year Built1978
Year Built SourceAssessor
Exterior for 110 N Belinda Circle
Building Area Total3687.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.27
Lot Size Area11761.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking9.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480