1010 East Anaheim Street

Wilmington, CA 90744

$1,500,000
Price
1
Beds
8
Baths
4,096 Sq. Ft.
$366 / Sq. Ft.
4,096
Sq. Ft.
$366
per Sq. Ft.

Description

Part of an 8 Building Portfolio! Can be sold individually or as
a portfolio. 1010 E Anaheim St is a mostly Stabilized 8 unit
apartment in Los Angeles County. Priced at a 9.04 GRM and
7.23% Current Cap rate, this asset is ideal for any investor
looking for strong cash flow in a growing submarket of Los
Angeles. The subject property boasts an excellent unit mix
of (8)1-bed/1-bath Units. At only $187k/Door and $366/SF,
this asset provides strong cash flow and immense upside.
1010 E Anaheim St is sandwiched
...Part of an 8 Building Portfolio! Can be sold individually or as
a portfolio. 1010 E Anaheim St is a mostly Stabilized 8 unit
apartment in Los Angeles County. Priced at a 9.04 GRM and
7.23% Current Cap rate, this asset is ideal for any investor
looking for strong cash flow in a growing submarket of Los
Angeles. The subject property boasts an excellent unit mix
of (8)1-bed/1-bath Units. At only $187k/Door and $366/SF,
this asset provides strong cash flow and immense upside.
1010 E Anaheim St is sandwiched between San Pedro’s
new Waterfront Project and the City of Long Beach, 1010 E
Anaheim is a quickly growing submarket in the South Bay.
  1. Listed by Aaron Jacobson • DRE #02100737 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559
  2. Listed by Taylor Avakian • DRE #02060040 • Brokerage DRE #02119386 • TAYVAY Corporation

Property Details for 1010 East Anaheim Street

Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4096
Assessor Parcel Number
7424-021-003
Property Attached YN
false

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; TAYVAY Corporation, Taylor Avakian, DRE #02060040
Add your commute
LISTING UPDATED: 05/25/2024 02:01 PM

Property Details for 1010 East Anaheim Street

StatusActive
MLS #SB24098334
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; TAYVAY Corporation, Taylor Avakian, DRE #02060040
Add your commute

Building Information for 1010 East Anaheim Street

Building/Complex1010 E Anaheim StFloor-Stories2Residences-Pet Policy-Year Built1940Building Size-

Payment Calculator

$9,094 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$908

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1010 East Anaheim Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $165,959
  • Gross Scheduled Income: $165,959
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $160,980
  • Net Operating Income: $108,503
  • Gross Multiplier: 9.04
  • Cap Rate: 7.23
Expense Details
  • Operating Expense: $52,477
  • Operating Expense Percent: 33.00%
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $52,477
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2947.01
  • CFD/Mello-Roos Fee: $1,051
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Biking, Dog Park, Park
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: None
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,729
  • Unit Type Total Rent: $13,830
  • Unit Type Pro Forma: 19256
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 1010 East Anaheim Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1010 East Anaheim Street

Taxable ValueLand$546,822Additions$274,049Total$820,871
Tax Record2023$10,897 ($908 / month)
Home Facts
Total Finished SqFt4,096 SqFtAbove Grade Finished SqFt4,096 SqFtLot Size4,801 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningLAM2CountyLOS ANGELESAPN7424-021-003

Schools near 1010 East Anaheim Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Wilmington Park Elementary School
PublicK to 5

Phineas Banning Senior High School
Public9 to 12

Avalon High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1010 East Anaheim Street is a multi-family home for sale in Wilmington, CA 90744. This property was listed for sale on May 15, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,500,000. It has been on the market for a total of 16 days and was last sold on June 27, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Wilmington Park Elementary School, William J. Johnston Community Day School and Phineas Banning Senior High School. 1010 East Anaheim Street is a 1-bed, 8-bath, 4,096 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; TAYVAY Corporation, Taylor Avakian, DRE #02060040

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.