1121 W Fay Ln, Anaheim, CA 92805
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1121 W Fay Ln Anaheim, CA 92805

$2,845,000 Sold Price as of 11/23/2020
  • 16 Beds
  • 16 Baths
  • 9,725 Sq.Ft.
Sold
$2,845,000 Sold Price as of 11/23/2020 Refinance Your Mortgage

Map preview of 1121 W Fay Ln, Anaheim, CA 92805

Property Overview: 1121 W Fay Ln Anaheim, CA has 16 bedrooms, 16 bathrooms, 9,725 living square feet and 16,298 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in one of Orange County’s most desirable rental markets, this twelve (12) unit offering is found in the City of Anaheim, CA. The unit mix includes eight (8) 1 Bed / 1 Bath, and (4) 2 Bed / 2 Bath. There is on-site laundry and 12 total garage spaces available for tenant use. The property also offers upside in rental income should any new vacancies arise. Ultimately, this offering will allow a new investor to inherit an asset with upside potential in one of Orange County’s most desirable rental markets.

Listed by Pat Swanson | BRE #01382974 | Pat Swanson
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
16,298
HOA Dues
$0/mo
Year built
1958
Garage
12 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20170372
City
Anaheim
County
Orange
Time on Site
1365 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
  • # of Electric Meters: 13
  • # of Gas Meters: 1
  • # of Water Meters: 13
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $6,475
  • Pro Forma/Market Rent: $7,475
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,695
  • Total Rent: $1,695
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $191,580
  • Net Operating Income: $131,280
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $58,753
  • Electric: $5,052
  • Gas/Fuel: $3,600
  • New Taxes: $34,474
  • Trash: $0
  • Insurance: $3,867
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 1121 W Fay Ln

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Front Yard
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 12
  • Parcel Number: 03608214
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 1121 & 1125 Fay Lane, Anaheim, Ca 92805
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1121 W Fay Ln

Last sold for $2,845,000 on November 23rd, 2020
  • December, 2020

  • Dec 1, 2020

    Date

    Sold

    CRMLS: OC20170372

    $2,845,000

    Price

  • Sep 17, 2020

    Date

    Active Under Contract

    CRMLS: OC20170372

    $2,800,000

    Price

  • Sep 3, 2020

    Date

    Active

    CRMLS: OC20170372

    $2,800,000

    Price

  • Aug 24, 2020

    Date

    Active Under Contract

    CRMLS: OC20170372

    $2,800,000

    Price

  • Aug 20, 2020

    Date

    Active

    CRMLS: OC20170372

    $2,800,000

    Price

  • January, 2020

  • Jan 11, 2020

    Date

    Leased

    CRMLS: OC20007290

    $1,295

    Price

  • Jan 11, 2020

    Date

    Active

    CRMLS: OC20007290

    $1,295

    Price

  • Listing provided courtesy of CRMLS

    REMODELED IN WELL MAINTAINED COMPLEX. Spacious 1 bed 1 bath with open floor plan. Located on the 1st floor for easy access. Kitchen is upgraded with granite countertops, white shaker cabinets and upgraded modern hardware. Stainless steel sink and faucet head. Plenty of storage space and counter space. Newer bathroom. Tile flooring throughout the entire unit for easy maintenance and keeps cool during summer. Includes one enclosed garage space. Convenient location, near schools, the 5 freeway, shops, and restaurants. Onsite laundry is available. No pets allowed.

  • December, 2019

  • Dec 22, 2019

    Date

    Leased

    CRMLS: OC19240663

    $1,295

    Price

  • Dec 16, 2019

    Date

    Hold

    CRMLS: OC19240663

    $1,295

    Price

  • Dec 12, 2019

    Date

    Price Change

    CRMLS: OC19240663

    $1,295

    Price

  • Dec 1, 2019

    Date

    Price Change

    CRMLS: OC19240663

    $1,325

    Price

  • Nov 11, 2019

    Date

    Price Change

    CRMLS: OC19240663

    $1,350

    Price

  • Nov 1, 2019

    Date

    Price Change

    CRMLS: OC19240663

    $1,375

    Price

  • Oct 11, 2019

    Date

    Active

    CRMLS: OC19240663

    $1,395

    Price

  • Listing provided courtesy of CRMLS

    RECENTLY UPGRADED OPEN FLOOR PLAN 1 BEDROOM 1 BATH UNIT IN WELL MAINTAINED COMPLEX. Remodeled Kitchen with granite countertop, newer cabinetry, tile backsplash, and stainless steel sink. Plenty of storage space and counter space. Tile flooring throughout the entire unit. Includes one car enclosed garage. Convenient location, near schools, the freeways, shops, and restaurants. Onsite laundry on premise. NO Pets allowed.

  • December, 2019

  • Dec 15, 2019

    Date

    Leased

    CRMLS: OC19274537

    $1,295

    Price

  • Dec 3, 2019

    Date

    Active

    CRMLS: OC19274537

    $1,295

    Price

  • Listing provided courtesy of CRMLS

    UPGRADED UNIT IN A WELL MAINTAINED COMPLEX. Spacious open floor plan 1 Bedroom and 1 Bath located on first floor. Newer Kitchen with upgraded cabinetry and granite countertops with tile backsplash. Upgraded stand alone hood vent. Plenty of storage space and counter space. Tile flooring throughout the entire unit. New built in wall A/C and recently installed dual pane windows. There is an onsite laundry and the unit includes one car enclosed garage. Convenient location, near schools, shopping, restaurants and the 5 freeway. No Pets allowed.

  • November, 2019

  • Nov 1, 2019

    Date

    Leased

    CRMLS: OC19224393

    $1,295

    Price

  • Oct 20, 2019

    Date

    Hold

    CRMLS: OC19224393

    $1,295

    Price

  • Sep 20, 2019

    Date

    Active

    CRMLS: OC19224393

    $1,295

    Price

  • Listing provided courtesy of CRMLS

    UPGRADED OPEN FLOOR PLAN 1 BEDROOM 1 BATH UNIT IN WELL MAINTAINED COMPLEX. Remodeled Kitchen with granite countertop, newer cabinetry, tile backsplash, and stainless steel sink. New modern hood vent. Plenty of storage space and counter space. Tile flooring throughout the entire unit. Includes one car enclosed garage. Convenient location, near schools, the freeways, shops, and restaurants. Onsite laundry on premise. NO Pets allowed.

  • February, 2019

  • Feb 9, 2019

    Date

    Leased

    CRMLS: OC19024387

    $1,295

    Price

  • Feb 8, 2019

    Date

    Hold

    CRMLS: OC19024387

    $1,295

    Price

  • Feb 1, 2019

    Date

    Active

    CRMLS: OC19024387

    $1,295

    Price

  • Listing provided courtesy of CRMLS

    REMODELED IN WELL MAINTAINED COMPLEX. Spacious 1 bed 1 bath with open floor plan. Located on the 1st floor for easy access. Kitchen is upgraded with granite countertops, white shaker cabinets and upgraded modern hardware. Stainless steel sink and faucet head. Plenty of storage space and counter space. Newer bathroom. Tile flooring throughout the entire unit for easy maintenance and keeps cool during summer. Includes one enclosed garage space. Convenient location, near schools, the 5 freeway, shops, and restaurants. Onsite laundry is available. No pets allowed.

  • December, 2018

  • Dec 17, 2018

    Date

    Leased

    CRMLS: OC18281819

    $1,295

    Price

  • Dec 13, 2018

    Date

    Hold

    CRMLS: OC18281819

    $1,295

    Price

  • Nov 29, 2018

    Date

    Active

    CRMLS: OC18281819

    $1,295

    Price

  • Listing provided courtesy of CRMLS

    RECENT REMODELED IN WELL MAINTAINED COMPLEX. Spacious open floor plan 1 Bedroom and 1 Bath located on first floor. Newer Kitchen with upgraded cabinetry and granite countertops with tile backsplash. Upgraded stand alone hood vent. Plenty of storage space and counter space. Tile flooring throughout the entire unit. New built in wall A/C and recently installed dual pane windows. There is an onsite laundry and the unit includes one car enclosed garage. Convenient location, near schools, shopping, restaurants and the 5 freeway. No Pets allowed.

  • October, 2018

  • Oct 6, 2018

    Date

    Leased

    CRMLS: OC18237770

    $1,200

    Price

  • Oct 4, 2018

    Date

    Hold

    CRMLS: OC18237770

    $1,250

    Price

  • Oct 1, 2018

    Date

    Price Change

    CRMLS: OC18237770

    $1,250

    Price

  • Sep 30, 2018

    Date

    Active

    CRMLS: OC18237770

    $1,200

    Price

  • Listing provided courtesy of CRMLS

    RECENT REMODELED IN WELL MAINTAINED COMPLEX. Spacious open floor plan 1 Bedroom and 1 Bath located on first floor. Newer Kitchen with upgraded cabinetry and granite countertops with tile backsplash. Upgraded hood vent. Plenty of storage space and counter space. Tile flooring throughout the entire unit. There is an onsite laundry and the unit includes one car enclosed garage. Convenient location, near schools, shopping, restaurants and the 5 freeway. No Pets allowed.

  • September, 2018

  • Sep 26, 2018

    Date

    Leased

    CRMLS: OC18202498

    $1,645

    Price

  • Sep 25, 2018

    Date

    Hold

    CRMLS: OC18202498

    $1,595

    Price

  • Aug 20, 2018

    Date

    Active

    CRMLS: OC18202498

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    REMODELED UNIT IN WELL MAINTAINED COMPLEX. SPACIOUS 2 Bedroom and 2 Baths. Upgraded Kitchen, with new granite countertops, new cabinetry with plenty of storage space and counter space. Newer hood vent. Tile backsplash with stainless steel sink and faucet. Tile flooring throughout the entire unit. Includes one car enclosed garage. Convenient location, near schools, the freeways, Anaheim Packing House. Onsite laundry on premise. No Pets allowed.

  • June, 2018

  • Jun 6, 2018

    Date

    Leased

    CRMLS: OC18127547

    $1,200

    Price

  • Jun 5, 2018

    Date

    Hold

    CRMLS: OC18127547

    $1,225

    Price

  • Jun 2, 2018

    Date

    Price Change

    CRMLS: OC18127547

    $1,225

    Price

  • May 30, 2018

    Date

    Active

    CRMLS: OC18127547

    $1,200

    Price

  • Listing provided courtesy of CRMLS

    RECENTLY REMODELED IN WELL MAINTAINED COMPLEX. SPACIOUS 1 Bedroom and 1 Bath. Remodeled Kitchen with granite countertop, new cabinetry, tile backsplash and stainless steel sink. New modern hood vent. Plenty of storage space and counter space. Fresh new paint throughout. Tile flooring throughout the entire unit. Includes one car enclosed garage. Convenient location, near schools, the freeways, shops and restaurants. Onsite laundry on premise. No Pets allowed.

  • April, 2018

  • Apr 17, 2018

    Date

    Leased

    CRMLS: OC18052439

    $1,275

    Price

  • Apr 11, 2018

    Date

    Pending

    CRMLS: OC18052439

    $1,275

    Price

  • Apr 10, 2018

    Date

    Active

    CRMLS: OC18052439

    $1,275

    Price

  • Apr 5, 2018

    Date

    Pending

    CRMLS: OC18052439

    $1,275

    Price

  • Mar 21, 2018

    Date

    Price Change

    CRMLS: OC18052439

    $1,275

    Price

  • Mar 7, 2018

    Date

    Active

    CRMLS: OC18052439

    $1,300

    Price

  • Listing provided courtesy of CRMLS

    RECENTLY REMODELED IN WELL MAINTAINED COMPLEX. SPACIOUS 1 Bedroom and 1 Bath. Remodeled Kitchen with granite countertop, new cabinetry, tile backsplash, stainless steel sink and faucet. New hood vent and stainless steel stove. Plenty of storage space and counter space. Fresh new paint throughout. Tile flooring throughout the entire unit. Includes one car enclosed garage. Convenient location, near schools, the freeways, shops and restaurants. Onsite laundry on premise. No Pets allowed.

  • April, 2018

  • Apr 5, 2018

    Date

    Leased

    CRMLS: OC18071309

    $1,595

    Price

  • Mar 29, 2018

    Date

    Active

    CRMLS: OC18071309

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    NEWLY REMODELED IN WELL MAINTAINED COMPLEX. NEW KITCHEN AND BATHS. SPACIOUS 2 Bedroom and 2 Baths. Completely newly remodeled Kitchen, with new granite countertops, new cabinetry with plenty of storage space and counter space. New hood vent. Tile backsplash with stainless steel sink and faucet. Fresh new paint throughout. Tile flooring throughout the entire unit. Includes one car enclosed garage. Convenient location, near schools, the freeways, shops and restaurants. Onsite laundry on premise. No Pets allowed.

  • August, 2017

  • Aug 4, 2017

    Date

    Leased

    CRMLS: OC17159481

    $1,100

    Price

  • Jul 27, 2017

    Date

    Hold

    CRMLS: OC17159481

    $1,100

    Price

  • Jul 13, 2017

    Date

    Active

    CRMLS: OC17159481

    $1,100

    Price

  • Listing provided courtesy of CRMLS

    RECENTLY REMODELED IN WELL MAINTAINED COMPLEX. SPACIOUS 1 Bedroom and 1 Bath located on first floor. Remodeled Kitchen New cabinetry with new countertops. Plenty of storage space and counter space. Bathroom remodeled. Fresh new paint throughout. Tile flooring throughout the entire unit. Includes one car enclosed garage. Convenient location, near schools, the 5 freeway and restaurants. Onsite laundry on premise. No Pets allowed.

  • July, 2015

  • Jul 24, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,850,000

    Price

  • August, 2005

  • Aug 16, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1121 W Fay Ln

Assessed Value (2020): $977,428
Year Land Value Improved Value Assessed Value
2020 $557,134 $420,294 $977,428

Home Value Compared to the Market

This property vs the competition

1121 W Fay Ln sold on November 23, 2020 for 218.18% higher than the current median sold price for the city of Anaheim which is $880,000. The median sold price per/sqft for Anaheim is $542 and this home is sold at $287.92 per/sqft which puts the price per square foot 46.88% lower than the current median sale per square foot for the city of Anaheim.

About 1121 W Fay Ln

Detailed summary of property

1121 W Fay Ln is a multi family that recently sold in Anaheim, CA 92805. This multi family property offered 16 bedrooms, 16 bathrooms, roughly 9,725 living square feet, and sits on an approximately 16,298 square foot lot. 1121 W Fay Ln was first listed on ArdentRealEstateGroup.com on August 20, 2020. The homeowner sold the property for $2,845,000. Home in Anaheim are selling for a median price of $880,000 and a median price per square foot of $542. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 218.18% higher than the current median priced home. Local homes that are currently for sale include 4822 Neely Circle, 16861 Green Ln and 353 Hamilton St. While the average home in Anaheim, CA is selling in 40 days, 1121 W Fay Ln has a days on market of 14 days. There are currently 258 homes for sale in the Anaheim real estate market and 151 of them are single family homes while 78 of them are condos and 29 are townhomes. For more information on this home for sale at 1121 W Fay Ln Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 1121 W Fay Ln

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
4,847
Lot Size
8,096
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
036-082-14

The source for these homes facts are from public records.

92805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$825,000
Median List Price/Sq.Ft.
$575
Median Sold Price
$895,000
Median Sold Price/Sq.Ft.
$540
Total Inventory
65
Median Sale to List Price %
102.99%
Avg Days on Market
21
Loan Type
Conventional (52%), FHA (4%), VA (4%), Cash (16%), Other (24%)

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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.