Search
1060 W La Palma Ave, Anaheim, CA 92801
View Photos

1060 W La Palma Ave Anaheim, CA 92801

$2,525,000 Sold Price as of 03/26/2021
  • -- Beds
  • -- Baths
  • 5,205 Sq.Ft.
Sold
$2,525,000 Sold Price as of 03/26/2021 Refinance Your Mortgage
Map preview of 1060 W La Palma Ave, Anaheim, CA 92801

Property Overview: 1060 W La Palma Ave Anaheim, CA has -- bedrooms, -- bathrooms, 5,205 living square feet and 19,602 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1060-1080 West La Palma Avenue in Anaheim is a Retail Property ideally located adjacent to the Anaheim Regional Medical Center (Hospital & Emergency Center). The investment is a stabilized, tangible asset in great condition; with good quality tenants in place. This is a rare opportunity in Orange County as the existing tenants are ideal in today's ever-changing economic landscape. Both John's Liquor Market & Launderland are seemingly stable during the pandemic. The liquor market's lease is through 2027, and the Laundromat exercised a 5 year option on August 1st. Both leases include 3% rent increase every year.NET LEASES / Very light landlord responsibility: Tax, Insurance, Roof and HVAC paid by landlord and reimbursed accordingly. Located kitty-corner to the Anaheim Regional Hospital and Emergency Center. Medical offices stand on both side of the property as well. *The Seller sends letters twice a year for property taxes and one letter for insurance for reimbursement. Also, the gardener charges the owner $80.00 per month which bill's the tenants biannually December/June. Rent increase letters go out January(1060) and October(1080). 1060 pays 52% and 1080 pays 48% of expenses.

Listed by Michael Sacks | BRE #01945984 | Coldwell Banker Realty
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 103

Home details

Lot Sq. Ft
19,602
HOA Dues
$0/mo
Year built
1980
Garage
--
Property Type:
Retail
Status
Sold
MLS#
PW20195001
City
Anaheim
County
Orange
Time on Site
1463 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $5,133
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $5,166
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $123,594
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1060 W La Palma Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Common Interest: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 25515101
  • Year Built Source: Public Records
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Euclid on La Palma Ave.
View more facts & features

Local Anaheim Agent

Sale History for 1060 W La Palma Ave

Last sold for $2,525,000 on March 26th, 2021

  • March, 2021

  • Mar 29, 2021

    Date

    Sold

    CRMLS: PW20195001

    $2,525,000

    Price

  • Dec 30, 2020

    Date

    Active Under Contract

    CRMLS: PW20195001

    $2,795,000

    Price

  • Sep 18, 2020

    Date

    Active

    CRMLS: PW20195001

    $2,795,000

    Price

Tax History for 1060 W La Palma Ave

Assessed Value (2020): $347,493
Year Land Value Improved Value Assessed Value
2020 $159,847 $187,646 $347,493

Home Value Compared to the Market

This property vs the competition

1060 W La Palma Ave sold on March 26, 2021 for 223.12% higher than the current median sold price for the city of Anaheim which is $865,000. The median sold price per/sqft for Anaheim is $587 and this home is sold at $536.98 per/sqft which puts the price per square foot 8.52% lower than the current median sale per square foot for the city of Anaheim.

About 1060 W La Palma Ave

Detailed summary of property

1060 W La Palma Ave is a retail that recently sold in Anaheim, CA 92801. This retail property offered -- bedrooms, -- bathrooms, roughly 5,205 living square feet, and sits on an approximately 19,602 square foot lot. 1060 W La Palma Ave was first listed on ArdentRealEstateGroup.com on September 18, 2020. The homeowner sold the property for $2,525,000. Home in Anaheim are selling for a median price of $865,000 and a median price per square foot of $587. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 223.12% higher than the current median priced home. Local homes that are currently for sale include 4136-4138 Eagle Rock Blvd, 3975 Mission Inn Ave and 204 E Highland Ave. While the average home in Anaheim, CA is selling in 50 days, 1060 W La Palma Ave has a days on market of 103 days. There are currently 293 homes for sale in the Anaheim real estate market and 181 of them are single family homes while 83 of them are condos and 29 are townhomes. For more information on this home for sale at 1060 W La Palma Ave Anaheim, CA 92801 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 1060 W La Palma Ave

Public county record property details
Beds
--
Baths
--
Year built
1980
Sq. Ft.
5,244
Lot Size
18,619
Stories
--
Type
Commercial Building, Mail Order, Show Room (Non-Auto), Commercial Whse
Pool
No
Spa
No
County
Orange
Lot#
39
APN
255-151-01

The source for these homes facts are from public records.

92801 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$810,000
Median List Price/Sq.Ft.
$528
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$521
Total Inventory
56
Median Sale to List Price %
99.47%
Avg Days on Market
29
Loan Type
Conventional (55%), FHA (15%), VA (5%), Cash (10%), Other (15%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1060 W La Palma Ave

Nearby Homes for Sale

410 S Euclid St, Anaheim, CA 92802
$2,699,000
-- Beds
-- Baths
7826 Sq.Ft.
410 S Euclid St
Anaheim, CA 92802
6025 Beach Blvd, Buena Park, CA 90621
$2,190,000
-- Beds
12052 Baths
3000 Sq.Ft.
6025 Beach Blvd
Buena Park, CA 90621
150 W Whittier Blvd, La Habra, CA 90631
$2,499,000
-- Beds
-- Baths
1500 Sq.Ft.
150 W Whittier Blvd
La Habra, CA 90631
14316 Amar Rd, La Puente, CA 91744
$2,350,000
-- Beds
-- Baths
8150 Sq.Ft.
14316 Amar Rd
La Puente, CA 91744
611 E Balboa Blvd, Newport Beach, CA 92661
$2,699,000
0 Beds
9 Baths
2850 Sq.Ft.
611 E Balboa Blvd
Newport Beach, CA 92661
5321 Long Beach Blvd, Long Beach, CA 90805
$2,650,000
-- Beds
-- Baths
8640 Sq.Ft.
5321 Long Beach Blvd
Long Beach, CA 90805
1470 W Holt Ave, Pomona, CA 91768
$2,150,000
-- Beds
-- Baths
9571 Sq.Ft.
1470 W Holt Ave
Pomona, CA 91768
2601 Santa Fe Ave, Long Beach, CA 90810
$2,500,000
-- Beds
-- Baths
2500 Sq.Ft.
2601 Santa Fe Ave
Long Beach, CA 90810
4729 Whittier Blvd, Los Angeles, CA 90022
$2,150,000
-- Beds
-- Baths
9000 Sq.Ft.
4729 Whittier Blvd
Los Angeles, CA 90022
12555 Central Ave, Chino, CA 91710
$2,875,000
0 Beds
-- Baths
6960 Sq.Ft.
12555 Central Ave
Chino, CA 91710
3868 E Cesar E Chavez Ave, Los Angeles, CA 90063
$2,750,000
-- Beds
-- Baths
7500 Sq.Ft.
3868 E Cesar E Chavez Ave
Los Angeles, CA 90063
6801 N Figueroa St, Los Angeles, CA 90042
$2,050,000
-- Beds
-- Baths
5811 Sq.Ft.
6801 N Figueroa St
Los Angeles, CA 90042

Recently Sold Homes Near 1060 W La Palma Ave

1077 N Harbor Blvd, Anaheim, CA 92801
$1,800,000 Last Sold Price
-- Beds
-- Baths
9797 Sq.Ft.
1077 N Harbor Blvd
Anaheim, CA 92801
928 N Euclid St, Anaheim, CA 92801
$2,300,000 Last Sold Price
-- Beds
-- Baths
9391 Sq.Ft.
928 N Euclid St
Anaheim, CA 92801
1743 W La Palma Ave, Anaheim, CA 92801
$1,600,000 Last Sold Price
-- Beds
-- Baths
4500 Sq.Ft.
1743 W La Palma Ave
Anaheim, CA 92801
175 S Harbor Blvd, Anaheim, CA 92805
$690,000 Last Sold Price
-- Beds
-- Baths
1479 Sq.Ft.
175 S Harbor Blvd
Anaheim, CA 92805

Related Resources to 1060 W La Palma Ave

New Listings in 92801
Popular Zip Codes
Popular Cities
Other Anaheim Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote