735 N Philadelphia, Anaheim, CA 92805
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$1,350,000
Est. payment /mo
7,840 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26154496

HOA Y/N No

Year Built 1965

Lot Size 7,840 Sqft

Property Sub-Type Duplex

Property Description

Turnkey, fully renovated duplex generating $7,200 per month in gross rental income. Situated on a 7,841 square foot lot, this exceptional investment features two detached homes, both extensively remodeled and fully leased. The property has undergone significant capital improvements, including new plumbing, a new roof, new windows, fresh exterior paint, and new hardscape, providing a low-maintenance investment for years to come. Utilities include three electric meters, two gas meters, and one water meter. A detached two-car garage and additional alley-access parking offer ample parking options. Architectural plans and supporting documents for an ADU conversion are complete and on hand, ready for submission to the City, presenting an outstanding value-add opportunity for future income potential (buyer to verify all plans, permits, and development requirements). This is a rare opportunity to acquire a stabilized, income-producing property with immediate cash flow and significant upside.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Assigned

Garage Spaces 2.0

Carport Spaces 1

Garage Description 2.0

Pool None

Community Features Gutter(s)

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story 1

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Senior Community No

Tax ID 03508423

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard


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Listed by Yazen Haddad E Realty 562-881-9947, DRE #01936781

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

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735 N Philadelphia