320 West Guinida Lane

Anaheim, CA 92805

$4,200,000
Last Sold Price
1
Beds
16
Baths
11,200 Sq. Ft.
$375 / Sq. Ft.
11,200
Sq. Ft.
$375
per Sq. Ft.

Description

320-404 W Guinida Lane are 16 Turn-Key units located in Anaheim, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment with immense building and curb appeal next to Disneyland Park, California Adventure Park, ARTIC Train Station, Orange Grove Elementary, West Coast University, Angel’s Stadium, Honda Center, and a Walmart Shopping Center. Built in 1957, the property had a major interior and exterior renovation in 2022-2023. The property is a two-story...320-404 W Guinida Lane are 16 Turn-Key units located in Anaheim, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment with immense building and curb appeal next to Disneyland Park, California Adventure Park, ARTIC Train Station, Orange Grove Elementary, West Coast University, Angel’s Stadium, Honda Center, and a Walmart Shopping Center. Built in 1957, the property had a major interior and exterior renovation in 2022-2023. The property is a two-story garden-style walk-up. There are two laundry rooms, of which one is being used for laundry and the other is owner storage. There is a central courtyard for tenants to enjoy. Each unit is separately metered for electricity, tenants pay for trash, and the owner pays for water. Each of the 16 one-bedroom one-bathroom units have had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, and new paint. The exterior also had a recent significant renovation completed, including new stucco and paint, new courtyard concrete and BBQ area, new landscaping, newly paved parking lot, some new fencing and paint, and new wall air conditioning. The property has no tuck under parking. These 16 units are conveniently located less than 1,000 feet from Disneyland Resort, Disney California Adventure Park, Anaheim Marketplace, Orange Grove Elementary School, Paul Revere Elementary School and Park, and Interstate 5 Freeway. The property is less than a mile from many major retail centers and employment opportunities.
  1. Listed by Mark Bridge • DRE #01316702 • Brokerage DRE #01316702 • Mark Bridge, Broker

Property Details for 320 West Guinida Lane

View
None
Parking Spaces Total
16
Private Pool
No
Cooling Type
Wall/Window
Total Units
16.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
11200

Location

Listing Courtesy of Mark Bridge, Broker, Mark Bridge, DRE #01316702

Sold By Reliance Real Estate Services, Sylvia Girgis, DRE #02091710

Add your commute
LISTING UPDATED: 09/25/2023 03:29 AM

Property Details for 320 West Guinida Lane

StatusClosed
MLS #OC23055998
Days on Market145
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
CountyOrange County

Location

Listing Courtesy of Mark Bridge, Broker, Mark Bridge, DRE #01316702

Sold By Reliance Real Estate Services, Sylvia Girgis, DRE #02091710

Add your commute

Building Information for 320 West Guinida Lane

Building/Complex320 W Guinida LnFloor-Stories2Residences-Pet Policy-Year Built1957Building Size-

Payment Calculator

$26,251 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,921

Property Taxes

$3,330

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 320 West Guinida Lane

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $345,360
  • Gross Scheduled Income: $345,360
  • Gross Spendable Income: $236,502
  • Vacancy Allowance: 10361
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $338,599
  • Net Operating Income: $237,052
  • Laundry Income: $3,600
  • Gross Multiplier: 12.47
  • Cap Rate: 5.45
  • Financing: Cash
Expense Details
  • Operating Expense: $101,547
  • New Taxes Expense: $47,850
  • Gardener Expense: $2,400
  • Fuel Expense: $4,995
  • Pest Control Expense: $600
  • Electric Expense: $1,200
  • Insurance Expense: $3,670
  • Maintenance Expense: $8,000
  • Professional Management Expense: $13,814
  • Other Expense: $12,877
  • Other Expense Description: Other Ex
  • Trash Expense: $0
  • Water Sewer Expense: $6,181
  • Total Expenses: $101,547
Tax / Assessment Info
  • Tax Block: 412
  • Tax Tract Number: 17
  • CFD/Mello-Roos Fee: $3,971
  • Tax Lot: 1082
Community / Development
Community / Development
  • Community Features: Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Oven, Gas Range, Range Hood, Water Heater Central
  • Equipment: Community
  • Interior Features: Quartz Counters
  • Water Heater Features: Central Water Heater
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition
  • Entry Location: Front
  • Fence: Yes
  • Fencing: New Condition
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 16-20 Units/Acre, Yard
  • Number Of Units: 16
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 16
  • Open Other Spaces Total: 16
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 16
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $28,780
  • Unit Type Pro Forma: 1895
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 16
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number With Range: 16
  • Number With Disposal: 16
  • Number Wall AC: 16

Property History for 320 West Guinida Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 320 West Guinida Lane

Taxable ValueLand$2,907,000Additions$357,000Total$3,264,000
Tax Record2023$39,959 ($3,330 / month)
Home Facts
Total Finished SqFt8,517 SqFtAbove Grade Finished SqFt8,517 SqFtStories2Lot Size15,430 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyORANGEAPN082-412-17

Schools near 320 West Guinida Lane

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
Revere (Paul) 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.

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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 Mark Bridge, Broker, Mark Bridge, DRE #01316702

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.