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120 E Wilken Way, Anaheim, CA 92802
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120 E Wilken Way Anaheim, CA 92802

$2,725,000 Sold Price as of 02/25/2022
  • 16 Beds
  • 8 Baths
  • 6,480 Sq.Ft.
Sold
$2,725,000 Sold Price as of 02/25/2022 Refinance Your Mortgage
Map preview of 120 E Wilken Way, Anaheim, CA 92802

Property Overview: 120 E Wilken Way Anaheim, CA has 16 bedrooms, 8 bathrooms, 6,480 living square feet and 10,018 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 120 East Wilken Way, an eight-unit multifamily property located in the City of Anaheim. The asset consists of 100% two bedroom units, located on a lot totaling 0.23 acres. The property is well kept with a pitched room and beautiful landscaping. There are nine roll up garage spots and wall air conditioning. The building is separately metered for electric and has an on-site laundry room. The interiors have had some renovations over the last few years and show well. This property is in a good central Anaheim location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-91 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well maintained apartment community in a premier location within the city.

Listed by Mark Bridge | BRE #01316702 | Mark Bridge, Broker
Last checked: 6 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
10,018
HOA Dues
$0/mo
Year built
1962
Garage
9 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21262935
City
Anaheim
County
Orange
Time on Site
834 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,780
  • Total Rent: $5,340
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,890
  • Total Rent: $5,670
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.28%
  • Gross Rent Multiplier: 15.7
  • Gross Scheduled Income: $178,320
  • Net Operating Income: $119,876
  • Gross Operating Income: $175,370
  • Vacancy Allowance: $5,350
  • Gross Spendable Income: $119,876
  • Laundry Income: $2,400
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $55,494
  • Electric: $1,200
  • Gas/Fuel: $3,202
  • New Taxes: $33,865
  • Trash: $1,894
  • Gardener: $965
  • Insurance: $2,900
  • Maintenance: $4,000
  • Professional Management: $4,269
  • Water/Sewer: $2,707

Property Details for 120 E Wilken Way

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
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: 9
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned, Garage, Garage - Single Door
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 8
  • Parcel Number: 23316204
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: North on CA-55, I-5 North, Exit, Chapman Ave, Right on Haster, Right on Wilken Way, Destination on the left.
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
View more facts & features

Local Anaheim Agent

Sale History for 120 E Wilken Way

Last sold for $2,725,000 on February 25th, 2022

  • March, 2022

  • Mar 3, 2022

    Date

    Sold

    CRMLS: OC21262935

    $2,725,000

    Price

  • December, 2012

  • Dec 20, 2012

    Date

    Sold (Public Records)

    Public Records

    $1,165,000

    Price

Show More

Tax History for 120 E Wilken Way

Assessed Value (2020): $1,284,789
Year Land Value Improved Value Assessed Value
2020 $1,066,375 $218,414 $1,284,789

Home Value Compared to the Market

This property vs the competition

120 E Wilken Way sold on February 25, 2022 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 $432.1 per/sqft which puts the price per square foot 20.28% lower than the current median sale per square foot for the city of Anaheim.

About 120 E Wilken Way

Detailed summary of property

120 E Wilken Way is a multi family that recently sold in Anaheim, CA 92802. This multi family property offered 16 bedrooms, 8 bathrooms, roughly 6,480 living square feet, and sits on an approximately 10,018 square foot lot. 120 E Wilken Way was first listed on ArdentRealEstateGroup.com on January 27, 2022. The homeowner sold the property for $2,725,000. 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 5842 Western Ave, 186 Del Mar Ave and 353 Hamilton St. There are currently 237 homes for sale in the Anaheim real estate market and 142 of them are single family homes while 68 of them are condos and 27 are townhomes. For more information on this home for sale at 120 E Wilken Way Anaheim, CA 92802 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 120 E Wilken Way

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
6,483
Lot Size
9,853
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
15
APN
233-162-04

The source for these homes facts are from public records.

92802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$950,000
Median List Price/Sq.Ft.
$545
Median Sold Price
$785,000
Median Sold Price/Sq.Ft.
$496
Total Inventory
27
Median Sale to List Price %
100%
Avg Days on Market
16
Loan Type
Conventional (40%), FHA (0%), VA (20%), Cash (10%), Other (30%)

Thinking of Selling?

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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.

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