1201 W Diamond St, Anaheim, CA 92801
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1201 W Diamond St Anaheim, CA 92801

$4,800,000
  • 19 Beds
  • 18 Baths
  • 10,840 Sq.Ft.
For Sale
$4,800,000 Get Pre-Qualified

Map preview of 1201 W Diamond St, Anaheim, CA 92801

Property Overview: 1201 W Diamond St Anaheim, CA has 19 bedrooms, 18 bathrooms, 10,840 living square feet and 19,602 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 14 unit apartment building located very close to public transit, shopping, and restaurants, 14 separate garages. Subject property is in excellent condition and tenants have been there for a long time. It sits on a corner location, adding additional street parking. This building is also Hud friendly.

Listed by Wayne Smith | BRE #00922140 | Corona Del Mar Properties Inc
Co-listed by Alexander Reyna | BRE #02205087 | Corona Del Mar Properties Inc
Last checked: 9 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 155
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Home details

Lot Sq. Ft
19,602
HOA Dues
$0/mo
Year built
1978
Garage
14 Car
Property Type:
Apartment
Status
Active
MLS#
NP23203627
City
Anaheim
County
Orange
Time on Site
182 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
  • # of Leased Units: 12
  • # of Electric Meters: 14
  • # of Gas Meters: 14
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 12
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $22,618
  • Total Rent: $22,618
  • Pro Forma/Market Rent: $30,000
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,634
  • Total Rent: $5,634
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.21%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $340,700
  • Net Operating Income: $249,900
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Laundry Income: $1,680
Annual Expense Breakdown
  • Total Operating Expense: $90,800
  • Electric: $6,000
  • Gas/Fuel: $0
  • New Taxes: $52,800
  • Trash: $2,000
  • Cable TV: $0
  • Gardener: $4,800
  • Insurance: $6,000
  • Professional Management: $0
  • Water/Sewer: $6,000

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Property Details for 1201 W Diamond St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room
Room Information
  • Flooring: Carpet, Wood
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 14
  • # of Parking Spaces: 14
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 14
  • Parcel Number: 25502250
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Apartment
  • Directions: Off of Lincoln and the 5 FWY
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Anaheim Agent

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Sale History for 1201 W Diamond St

Last sold on June 4th, 2008
  • November, 2023

  • Nov 2, 2023

    Date

    Active

    CRMLS: NP23203627

    $4,800,000

    Price

  • June, 2008

  • Jun 4, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1201 W Diamond St

Assessed Value (2020): $1,430,132
Year Land Value Improved Value Assessed Value
2020 $586,354 $843,778 $1,430,132

Home Value Compared to the Market

This property vs the competition

1201 W Diamond St is listed 458.14% higher than the median list price for the city of Anaheim which has a median list price of $860,000. The median price per/sqft for Anaheim is $559 and this home is listed at $442.8 per/sqft which puts the price per square foot 20.79% lower than the median price per square foot for the city of Anaheim.

About 1201 W Diamond St

Detailed summary of property

1201 W Diamond St is a apartment located in Anaheim, CA 92801 and is currently for sale. This apartment offers 19 bedrooms, 18 bathrooms, roughly 10,840 living square feet, and sits on an approximately 19,602 square foot lot. 1201 W Diamond St was first listed on ArdentRealEstateGroup.com on November 2, 2023. The homeowner is currently asking $4,800,000. The median priced home in Anaheim is $860,000 with a median price per square foot of $559. Based on Ardent Real Estate Group's Anaheim Market Data, this home is listed 458.14% higher than the median priced home. Local competing homes currently for sale include 410 Clubhouse Ave, 1809 W Bay Ave and 1321 W Bay Ave. While the average home in Anaheim, CA is selling in 44 days, 1201 W Diamond St has a days on market of 155 days. There are currently 220 homes for sale in the Anaheim real estate market and 133 of them are single family homes while 62 of them are condos and 25 are townhomes. For more information on this home for sale at 1201 W Diamond St Anaheim, CA 92801 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 1201 W Diamond St

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
10,840
Lot Size
19,473
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
19
APN
255-022-50

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
$819,000
Median List Price/Sq.Ft.
$565
Median Sold Price
$850,000
Median Sold Price/Sq.Ft.
$501
Total Inventory
47
Median Sale to List Price %
101.63%
Avg Days on Market
21
Loan Type
Conventional (57.89%), FHA (0%), VA (0%), Cash (21.05%), Other (21.05%)

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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.