2220 South Lewis Street

Anaheim, CA 92802

$1,590,000
Last Sold Price
9
Beds
8
Baths
4,221 Sq. Ft.
$377 / Sq. Ft.
4,221
Sq. Ft.
$377
per Sq. Ft.

Description

The Lewis Street 4-plex is a Covington concept 4-plex built in 1979. The structure measures 4,221 square feet and sits atop a large, 11,536 square foot lot. The unit mix consists of one 3 bedroom / 2 bathroom apartment and three 2 bedroom / 2 bathroom apartments. All apartments are well appointed with spacious layouts and come with a garage and at least one assigned parking space. The three bedroom owner unit has a direct access double car garage which is separate from the other garages. The 3 bedroom...The Lewis Street 4-plex is a Covington concept 4-plex built in 1979. The structure measures 4,221 square feet and sits atop a large, 11,536 square foot lot. The unit mix consists of one 3 bedroom / 2 bathroom apartment and three 2 bedroom / 2 bathroom apartments. All apartments are well appointed with spacious layouts and come with a garage and at least one assigned parking space. The three bedroom owner unit has a direct access double car garage which is separate from the other garages. The 3 bedroom is currently vacant providing an immediate opportunity for an owner occupant or for an investor to rent it at the historically high market rent rate. The downstairs apartments have private, enclosed patios while the upstairs apartments have balconies. There is an onsite laundry room which provides additional monthly income along with being a nice amenity for tenants. Major employment is within close walking distance with the Kaiser Permanente Health Pavilion (5 minutes) and the UCI Medical Center (15 minutes) are down the street. The Lewis Street 4-plex is an ideal purchase for first time buyers or seasoned investors looking for an easy to run investment.
  1. Listed by Michael Arp • DRE #01488586 • Brokerage DRE #01220368 • Morgan Skenderian

Property Details for 2220 South Lewis Street

Parking Spaces Total
10
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4221
Assessor Parcel Number
137-451-31

Location

Listing Courtesy of Morgan Skenderian, Michael Arp, DRE #01488586

Sold By Jeffrey Blank, Broker, Jordan Tripp, DRE #02081965

Add your commute
LISTING UPDATED: 03/08/2022 12:07 AM

Property Details for 2220 South Lewis Street

StatusClosed
MLS #PW22005543
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.26 AC / 11,326 SF
CountyOrange County

Location

Listing Courtesy of Morgan Skenderian, Michael Arp, DRE #01488586

Sold By Jeffrey Blank, Broker, Jordan Tripp, DRE #02081965

Add your commute

Building Information for 2220 South Lewis Street

Stories2Residences-Year Built1979Building Size-Lot Size0.26 AC / 11,326 SF

Payment Calculator

$10,248 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,677

Property Taxes

$1,571

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2220 South Lewis Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $1,200
  • Gross Scheduled Income: $87,000
  • Vacancy Allowance: 2610
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $84,390
  • Net Operating Income: $54,733
  • Laundry Income: $100
  • Gross Multiplier: 17.18
  • Cap Rate: 3.7
  • Financing: Conventional
Expense Details
  • Operating Expense: $29,657
  • Operating Expense Percent: 34.00%
  • New Taxes Expense: $16,946
  • Gardener Expense: $900
  • Fuel Expense: $0
  • Electric Expense: $1,500
  • Insurance Expense: $1,600
  • Trash Expense: $1,500
  • Water Sewer Expense: $1,500
  • Total Expenses: $29,657
Tax / Assessment Info
  • Tax Tract Number: 121
  • Tax Census Tract: 761.02
  • CFD/Mello-Roos Fee: $992
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned, Garage
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,375
  • Unit Type Total Rent: $1,375
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,375
  • Unit Type Total Rent: $1,375
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Disposal: 4

Property History for 2220 South Lewis 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 2220 South Lewis Street

Taxable ValueLand$1,290,300Additions$331,500Total$1,621,800
Tax Record2023$18,855 ($1,571 / month)
Home Facts
Total Finished SqFt4,221 SqFtAbove Grade Finished SqFt4,221 SqFtStories2Lot Size11,536 SqFtStyleQuadraplexYear Built1979CountyORANGEAPN137-451-31

Schools near 2220 South Lewis Street

This home is within Anaheim Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Ponderosa Elementary School
PublicK to 6

South Junior High School
Public7 to 8

Katella High School
Public9 to 12

Cambridge Virtual Academy at Polaris
Public7 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

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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 Morgan Skenderian, Michael Arp, DRE #01488586

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.