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PENDING
2209 E Westport Drive, Anaheim, CA 92806
1
bed
1
bath
4958
ft2
· 9090
ft2 lot
$1,900,000
$383 / ft2
Listing provided courtesy of Rick Applebaum, Morgan Skenderian.
Source CRMLS.
We are pleased to present 2209 E. Westport Drive, a pride of ownership 8-unit investment opportunity located in the in-demand rental market of Anaheim. Built in 1960, the subject property consists exclusively of one bedroom/one bathroom units. The property offers amenities including security doors, a shared courtyard, an onsite laundry facility and (4) double-car garages and (4) open parking spaces for a 1.5:1 parking ratio. The Westport Drive apartments offers exceptional curb appeal from its recent exterior renovation that included fresh exterior paint, new garage doors and majority new windows paired with attractive landscaping. Step inside and find that several of the interiors have been renovated with upgrades to kitchens, bathrooms and flooring which are highly desirable to current and future tenants. Tenants also enjoy the property's walking distance to a major retail center and close proximity to the trendy and urban Anaheim Packing District. Furthermore, the Westport Apartments is just over 3 miles to Disneyland, a major employer to the citizens of Anaheim and a favorite local attraction. Through continued modernization of remaining units and increased rents, this investment opportunity offers a strong long-term hold strategy with exceptional growth potential for any type of investor.
HOA
$—/month
On market
2 months
Year built
1960
Property type
Multi-Family
Parking
12
MLS
PW21059376
Price / Sq.Ft.
$383 / ft2
Status
Pending
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Community
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 4958.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 8.00
•   
Uncovered Spaces: 4.00
Building Info
•   
Building Area Units: Square Feet
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: 6-10 Units/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2087
•   
Lot Size Area: 9090.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 8
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 1
•   
Number Of Separate Gas Meters: 1
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Operating Expense Percent: 36.60
•   
Gross Operating Income: 105028.00
•   
Water Sewer Expense: 0.00
•   
Other Expense Description: Utility
•   
Other Expense: 7254.00
•   
Laundry Income: 876.00
•   
Vacancy Allowance Rate: 3.00
•   
Maintenance Expense: 5251.00
•   
Cap Rate: 3.40
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 21469.00
•   
Insurance Expense: 1983.00
•   
Vacancy Allowance: 3248
•   
Professional Management Expense: 0.00
•   
Total Expenses: 39603.00
•   
Gross Scheduled Income: 108276.00
•   
Maintenance Percent: 5.00
•   
Operating Expense: 39603.00
•   
Gardener Expense: 1200.00
•   
Gross Multiplier: 17.55
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 876.00
•   
Tax Year: 2020
•   
Taxes: 3627.0
Lease Info
•   
Net Operating Income: 65425.00
Listing Info
•   
Status: Pending
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 8
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1129.00
•   
Unit 1 Total Rent: 9032.00
Multi Unit Information
•   
# Of Units: 1
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
School Info
•   
Directions: South of Lincoln Ave & East of State College Blvd
Other
Calculation
•   
Dom: 42
•   
Cdom: 42
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 18, 2021 1:32am
Neighborhood snapshot
20
Properties for sale
6.5
Median days on market
$401.67
Median sold price/sqft
101.37%
Sold/List %
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Property History
05/03/2021
05/03/2021
CRMLS #PW21059376
pending
CRMLS #PW21059376
$1,900,000
03/22/2021
03/22/2021
CRMLS #PW21059376
active
CRMLS #PW21059376
$1,900,000
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