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Listed by Paul Banke • Kirklen Investment Group
$ 1,550,000
Est. payment /mo
Active
2561 East Ward Terrace Anaheim, CA 92806
3,969 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,969 sqft
Price per Sqft $390
MLS Listing ID OC-25168081
Year Built 1968
Lot Size 9,310 Sqft
Property Sub-Type Quadruplex
Property Description
We proudly offer the opportunity to acquire 2561 E Ward Terrace, a well-maintained 4-unit multifamily investment property located in Anaheim, CA. The subject property features an exceptionally diverse unit mix comprised of (1) three-bedroom/two-bathroom unit, (1) two-bedroom/one-bathroom unit, and (2) one-bedroom/one-bathroom units, which attract a large pool of potential renters. Situated on a large 9,310 square foot lot, 2561 E Ward Terrace provides residents with amenities such as on-site laundry, garage parking, and a shared common area courtyard. Unit A is provided (1) double car garage, Units B and C share (1) double car garage, Unit D uses (1) single car garage and is assigned (1) open parking space.
Current ownership has meticulously maintained the subject property with numerous upgrades over the years, including, but not limited to re-stuccoing the entire building three years ago, adding new dual-pane windows three years ago, new washer and dryers added three years ago, hardwood floors in Unit A, new bedroom carpet in Unit B and Unit D, whole house fans in Units A, B, and C and new counter tops, new flooring, and new bedroom carpet in Unit C (2025).
The building is also equipped with copper plumbing, separate gas and electric meters, a 75-gallon water heater, central air in Unit D, and wall AC/heat in the other three units. Given current ownership's meticulous upkeep, 2561 E Ward Terrace provides a new owner an opportunity to acquire a well-maintained property with an opportunity to further increase value through annual rent increases.
Current ownership has meticulously maintained the subject property with numerous upgrades over the years, including, but not limited to re-stuccoing the entire building three years ago, adding new dual-pane windows three years ago, new washer and dryers added three years ago, hardwood floors in Unit A, new bedroom carpet in Unit B and Unit D, whole house fans in Units A, B, and C and new counter tops, new flooring, and new bedroom carpet in Unit C (2025).
The building is also equipped with copper plumbing, separate gas and electric meters, a 75-gallon water heater, central air in Unit D, and wall AC/heat in the other three units. Given current ownership's meticulous upkeep, 2561 E Ward Terrace provides a new owner an opportunity to acquire a well-maintained property with an opportunity to further increase value through annual rent increases.
Location
State CA
County Orange
Interior
Laundry Common Area
Exterior
Garage Spaces 5.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Storm Drains
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
