Listing provided courtesy of Babak Mehranvar of HomeSmart, Evergreen Realty. Last updated 2024-11-13 09:12:05.000000. Listing information © 2024 Sandicor.
Asking Price: $1,975,000
110 Belinda, Anaheim CA 92801
Community: 699 - Not Defined
This Apartment property was built in 1978 and is priced at $1,975,000. Please see the additional details below.
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.