Anaheim, CA 92802,2134 S Acama ST
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Anaheim, CA 92802,2134 S Acama ST
Anaheim, CA 92802,2134 S Acama ST
Anaheim, CA 92802,2134 S Acama ST
Anaheim, CA 92802,2134 S Acama ST
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Yvette Hitchens

Yvette Hitchens

+1(562) 661-5845
$ 1,350,000
Est. payment /mo
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Active Under Contract

2134 S Acama ST Anaheim, CA 92802

2,443 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Holiday Harbor Iii Hoa

MLS Listing ID PW25198911

HOA Fees $795/mo

HOA Y/N Yes

Year Built 1964

Annual Tax Amount $4,730

Tax Year 2024

Lot Size 2,443 Sqft

Property Sub-Type Quadruplex

Property Description

2134 Acama St. is an ideal investment for an investor who wants minimum management responsibilities, great investment potential, and great cash flow. ---MANAGEMENT RESPONSIBILITIES---The owner's management responsibilities are minimized because the Homeowners Association manages and pays for all the following: insurance, daily grounds clean-up and inspections, landscaping, patrol service, pool service, laundry room, roofs, building painting/repairs, gates, fences, walkways, utilities, and a monthly contribution to a reserve fund that has over $450,000 dedicated to future expenses; all at a cost of only $199 per unit per month. Owners of most other 4-unit buildings would have to pay much more for all those expenses. The major responsibility of the owner of this building is to collect rents. All current tenants use electronic rent payments, are never late, and, therefore, this property is ideal for someone who wants income, growth with inflation protection, and minimum time expenditure. --GREAT INVESTMENT POTENTIAL--This location of this building ensures continued growth in value. It is one short block east of Harbor Blvd about one-half mile south of Disneyland. Within a ten-minute walk there are many major hotels, restaurants, and businesses that offer employment for residents. Proximity to employment opportunities also means increasing demand for rentals, higher rents, fewer vacancies, which results in increasing property values. Other similar 4-unit rental properties are often in areas that have stable, not increasing, demand and consequently, limited upside potential.-----GREAT CASH FLOW ------This property's Net Operating Income for the next 12 months will be about $73,460, substantiated by current leases, which are guaranteed by the seller. At a sale price of $1,350,000 and NOI of $72,740 the CAP rate is 5.39%. Other similar 4-unit investment properties have significantly lower CAP rates, often below 4% when accounting for realistic income (not “Pro Forma” income) and realistic comprehensive expenses.
All two story 1 bedroom, 1.5 bath units , wall a/c units, each with patio and balcony. All units have garages with openers. Two units are in the gated common area overlooking the pool, other two face the street. Back on the market. Owner may guarantee rents and expenses for the first year.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Interior Features Balcony, All Bedrooms Up

Heating Ductless, Electric, Radiant

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Range, Electric Water Heater, Disposal

Laundry Common Area

Exterior

Parking Features Garage, Garage Door Opener, Off Site, On Street

Garage Spaces 4.0

Garage Description 4.0

Fence Wrought Iron

Pool Fenced, Filtered, Gunite, Heated, Association

Community Features Street Lights, Suburban, Sidewalks, Gated

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Amenities Available Insurance, Maintenance Front Yard, Pool, Pet Restrictions

View Y/N Yes

View Courtyard, Pool

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Sprinkler System

Story 2

Entry Level Two

Foundation Slab

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

HOA Name Holiday Harbor III

HOA Fee Include Sewer

Senior Community No

Tax ID 93017419

Security Features Gated Community

Acceptable Financing Cash, 1031 Exchange, Owner May Carry, Submit

Listing Terms Cash, 1031 Exchange, Owner May Carry, Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by Rick Violett Investment Brokers O.C. 714-870-7870

NEARBY SCHOOLS & PROPERTIES

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    A. J. Cook Elementary School

    Public | KG - 6

  • 9

    Sunnyside Elementary School

    Public | KG - 6

  • 9

    Excelsior Elementary School

    Public | KG - 6

  • 8

    Ethel M. Evans Elementary School

    Public | KG - 6

  • 8

    R. F. Hazard Elementary School

    Public | KG - 6

  • 8

    Parkview Elementary School

    Public | KG - 6

  • 7

    Faylane Elementary School

    Public | KG - 6

  • 7

    Post Elementary School

    Public | KG - 6

  • 7

    Rosita Elementary School

    Public | KG - 6

  • 7

    Ocia A. Peters Elementary School

    Public | KG - 6

  • 7

    Genevieve M. Crosby Elementary School

    Public | KG - 6

  • 7

    Earl Warren Elementary School

    Public | KG - 6

  • 7

    El Sol Santa Ana Science and Arts Academy

    Public | KG - 8

  • 6

    Morningside Elementary School

    Public | KG - 6

  • 6

    Agnes Ware Stanley Elementary School

    Public | KG - 6

  • 6

    Price (Adelaide) Elementary School

    Public | KG - 6

  • 6

    Woodbury Elementary School

    Public | KG - 6

  • 6

    Franklin (Benjamin) Elementary School

    Public | KG - 6

  • 6

    Riverdale Elementary School

    Public | KG - 6

  • 6

    Gonzalo Felicitas Mendez Fundamental Intermediate School

    Public | 5 - 8

Middle Schools 14
  • 8

    Donald S. Jordan Intermediate School

    Public | 7 - 8

  • 7

    James Irvine Intermediate School

    Public | 7 - 8

  • 7

    Dr. Walter C. Ralston Intermediate School

    Public | 7 - 8

  • 7

    Izaak Walton Intermediate School

    Public | 7 - 8

  • 6

    Louis Lake Intermediate School

    Public | 7 - 8

  • 6

    Leroy L. Doig Intermediate School

    Public | 7 - 8

  • 4

    Portola Middle School

    Public | 6 - 8

  • 2

    Polaris High (Alternative)

    Public | 7 - 12

  • 2

    South Junior High School

    Public | 7 - 8

  • 1

    Ball Junior High School

    Public | 7 - 8

  • 1

    Willard Intermediate School

    Public | 6 - 8

  • 0

    Community Day/Alternative Education/Special Education

    Public | 7 - 12

  • 0

    Community Day Intermediate and High School

    Public | 7 - 12

  • 0

    Anaheim Discovery Christian Schools

    Private | 7 - 12

High Schools 12
  • 9

    Nova Academy

    Public | 9 - 12

  • 8

    Garden Grove High School

    Public | 9 - 12

  • 8

    The Academy

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 6

    Santiago High School

    Public | 9 - 12

  • 5

    Katella High School

    Public | 9 - 12

  • 4

    Anaheim High School

    Public | 9 - 12

  • 3

    Loara High School

    Public | 9 - 12

  • 0

    Jordan Secondary Learning Center

    Public | 9 - 12

  • 0

    North Orange County Regional Occupational Program

    Public | 9 - 12

  • 0

    Gilbert High (Continuation)

    Public | 9 - 12

  • 0

    Lincoln High Continuation

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Yvette Hitchens

Yvette Hitchens

Broker | License ID: DRE01224192

+1(562) 661-5845

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2134 S Acama ST