MULTIFAMILY OPPORTUNITY 2130 S. Camino St., Anaheim, CA 92802 Exclusively Listed By Richard Bell and Gregg Horvath 7143093549 Richard's Cell 7142900298 Gregg's Cell Richard@bellrealtyca.com GreggHorvath@aol.com 4 units ideally located close to employment centers including Disneyland Convenient Fwy access to the 5, 57 and 22 Freeways. Easy management with HOA and onsite manager that take care of all exterior maintenance items. Building overlooks pool and green belt area, best location in complex.
EXCLUSIVELY OFFERS FOR SALE 2130 S. Camino St. Anaheim, CA 92802 Price: $705,000 Down: $282,000 40% Loan: $423,000 Interest Rate 5.0% INVESTMENT HIGHLIGHTS Current Market Rents Rents * 4 Extra large 1 bedroom units. Gross Rent Multiplier: 14.5 11.5 * Close to major employment centers like Disneyland. Cap Rate: 4.0% 5.7% * Easy management with HOA and Onsite Manager Cost Per Unit $176,250 $176,250 * Individual metered for electric Cost Per Square Foot: $205.30 $205.30 * Large upside in rent and high demand for units Cash on Cash Return 0.2% 4.7% * HOA fees include water, property insurance and Rent Per Square Foot $ 1.18 $ 1.49 reserves for exterior capital expenses & Improvements Year Built 1964 * Each unit has a bottom patio and upper deck for extra private space. * Building overlooks pool, best location in complex. FINANCIAL INDICATORS Please do not go onsite without an appointment. Drive by only. Do not disturb the residents. A complete marketing package is available for those seriously considering the property. For additional Information contact: Richard Bell or Gregg Horvath (714) 3093549 or (714) 2900298 Richard@bellrealtyca.com GreggHorvath@aol.com
PROPERTY FINANCIAL ANALYSIS PROPERTY SUMMARY Number of Units 4 Address: 2130 S. Camino St. City & State Anaheim, CA 92802 Year Built: 1964 Rentable Sq. Ft.: 3,434 Lot Size 2,374 Parking: 4 garage spaces APN: 93692016 Cross Street: E/ Harbor Blvd, S/ Orangewood Ave INVESTMENT SUMMARY PROPOSED FINANCING PRICE: $705,000 New Loan: $423,000 Down Payment $282,000 Rate: 5.00% Percent Down 40% Length of Loan 30 Price/Unit $176,250 Price/Sq. Ft: $205 Property Type: MultiFamily Condominium FINANCIAL ANALYSIS (ANNUAL) Actual Market ANNUAL OPERATING EXPENSE Gross Schedule Income (GSI) $ $48,600 $61,200 Taxes $ 7,755 Vacancy Allowance 3.0 % $1,458 $1,458 Insurance $ Gross Operating Income (GOI) $47,142 $59,742 Utilities $ Operating Expenses 39.6 % $19,246 $19,246 Maintenance $ 1,800 Net Operating Income (NOI) $27,896 $40,496 Pest Control $ Loan Payment (P&I) ($27,249) ($27,249) HOA Fees $ 5,976 Gross Spendable Income (SI) $647 $13,247 HOA RR $ 2,724 Cap Rate (NOI/LP) 4.0% 5.7% Manager $ Gross Multiplier (LP/GSI) 14.5 X Gross 11.5 Professional Mgmt $ Cash on Cash Return 0.2% 4.7% Replacement $ 500 Misc $ 500 Total $ 19,255 UNIT MIX & RENT SCHEDULE Units Bedroom/Baths Actual Rent Monthly Income Market Rent Monthly Income 3 1 Br / 1.5 BA $1,000 $3,000 $1,275 $3,825 1 1 Br / 1.5 BA $1,050 $1,050 $1,275 $1,275 Total Scheduled Rent: $4,050 $5,100 Laundry & Other Income: Monthly Scheduled Gross Income: $4,050 $5,100 Annual Scheduled Gross Income: $ 48,600 $61,200 REMARKS: 4 units ideally located close to employment centers including, Disneyland, Anaheim Convention Center, and many major Hotels. Convenient Fwy access to the 5, 57 and 22 Freeways. Easy management with HOA and onsite manager that take care of all exterior maintenance items, offers amenities such as Pool and BBQ area, and reserves for Roofs and other exterior capital improvements. Building overlooks pool and green belt area, best location in complex. Please do not disturb manager or tenants. Drive by only. To Show Contact Call Agent Richard's Cell 7143093549 Owner/Manager On File Listing Office Bell Realty Group Gregg's Cell 7142900298 Email Richard@Bellrealtyca.com Sales Person RICHARD BELL, GREGG HORVATH Fax 7144474906 GreggHorvath@aol.com All information is from sources believed reliable, but is not guaranteed. Information is confidential and for licenced agents use onlynot for public distribution.
APARTMENT NUMBER # BED ROOMS # BATH ROOMS EST. SQUARE FEET MONTHLY RENT RENT PER SQUARE FOOT 2130 S. Camino St. Anaheim, CA 92802 4 Units EST. MARKET RENT MARKET RENT SQUARE FOOT Rent Schedule VARIANCE PERCENT VARIANCE 1 1 1.5 859 $1,000 $1.16 $1,325 1.54 $325 33% 2 1 1.5 859 $1,000 $1.16 $1,325 1.54 $325 33% 3 1 1.5 859 $1,000 $1.16 $1,325 1.54 $325 33% 4 1 1.5 859 $1,050 $1.22 $1,325 1.54 $275 26% MONTHLY INCOME $4,050 $5,300 LAUNDRY $0 $0 OTHER INCOME $0 $0 MONTHLY TOTAL $4,050 $5,300 $1,250 VARIANCE ANNUAL TOTAL $48,600 $63,600 $15,000 31%
Property Photos Arial Map Plat Map 2130 S. Camino St.
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