Anaheim, CA 92804 927 S Bruce Street
$3,700,000
4 more
Presented By: James Wardlaw with Triqor Group; 949-756-3232
Beds • 6
Baths • 1
SQFT • 7,579
Garage • 16
Home Details
We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Don’t miss out on this outstanding investment opportunity!
Presented By: James Wardlaw with Triqor Group; 949-756-3232
Interior Features for 927 S Bruce Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 927 S Bruce Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityAnaheim
Community FeaturesSidewalks
CountyOrange
Days on Market1
DirectionsDriving East on Ball Rd., Turn left onto Roanne St., Right onto Bruce St., Property is on you left.
Electric Expense0.0
Electric On Property Y/NNo
Entry Location/
Fuel Expense0.0
Garage Spaces16.0
Garage Y/NYes
Gross Income278385.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet25081.0
Lot Size UnitsSquareFeet
MLS Area79 - Anaheim West of Harbor
MobileHomeRemainsYNNo
Net Operating Income185128.0
New ConstructionNo
NumberOfUnitsTotal14
Open Parking Spaces12.0
Operating Expense93257.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameAnaheim
Tax Lot3
TermsConventional
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1959
Year Built SourcePublicRecords
Exterior for 927 S Bruce Street
Building Area Total7579.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.5758
Lot Size Area25081.0
Lot Size SourcePublicRecords
Number of Buildings3
Number of Separate Electric Meters14
Number of Separate Gas Meters14
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking28.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480