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121 S Illinois St, Anaheim, CA 92805
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121 S Illinois St Anaheim, CA 92805

$1,335,000 Sold Price as of 04/07/2021
  • 8 Beds
  • 4 Baths
  • 4,048 Sq.Ft.
Sold
$1,335,000 Sold Price as of 04/07/2021 Refinance Your Mortgage
Map preview of 121 S Illinois St, Anaheim, CA 92805

Property Overview: 121 S Illinois St Anaheim, CA has 8 bedrooms, 4 bathrooms, 4,048 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This desirable well-maintained 4-plex located in the Anaheim Colony Historic District. An excellent opportunity for investors, fully occupied with long terms tenants. It was built in 1973 and sits on a large lot of 7,338 square feet. Each unit is pleasantly spacious with 1,012 square feet of living area and is equipped with its own 1-car garage. Two units have their own balcony and the other two units have their own backyard. The building also features a laundry room with owned washing and drying machines. Recent cap-ex on fencing, paint, stucco, garage doors, and more. Located in a quiet neighborhood, next to shopping centers, restaurants, and entertainment. Conveniently located near schools, parks, and Disneyland too. Easily accessible to the 5 FWY. Since 1997, the Anaheim City Council has adopted four historic districts. Although Anaheim is comprised of historically significant structures throughout the City's 50 square miles, the vast majority are clustered in the area shown in the adjacent map. These districts encompass approximately two-square miles of Anaheim.

Listed by Margaret Liu | BRE #02071757 | RE/MAX Universal Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1973
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
TR21019595
City
Anaheim
County
Orange
Time on Site
1246 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,491
  • Total Rent: $1,491
  • Pro Forma/Market Rent: $1,571
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,452
  • Total Rent: $1,452
  • Pro Forma/Market Rent: $1,532
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,453
  • Total Rent: $1,453
  • Pro Forma/Market Rent: $1,533
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,454
  • Total Rent: $1,454
  • Pro Forma/Market Rent: $1,534
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,600
  • Net Operating Income: $54,787
  • Gross Operating Income: $3,400
  • # of Rented Garages: 1
  • Garage Rental Rate: $50
  • Garage Rental Income: $600
  • Laundry Income: $2,800
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $18,813
  • Electric: $425
  • Gas/Fuel: $1,645
  • New Taxes: $11,365
  • Trash: $0
  • Gardener: $720
  • Insurance: $1,447
  • Water/Sewer: $2,905
  • Other Expenses: $305
  • Other Expense Description: Pest Con

Property Details for 121 S Illinois St

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: 4
  • # of Parking Spaces: 6
  • Parking Features: Garage - Single Door, Street
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 03611106
  • Year Built Source: Public Records
  • Property is Attached
  • Offered With Property: Laundry room with wash and dryer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Lincoln Ave & Harbor Blvd
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Anaheim Agent

Sale History for 121 S Illinois St

Last sold for $1,335,000 on April 7th, 2021

  • April, 2021

  • Apr 7, 2021

    Date

    Sold

    CRMLS: TR21019595

    $1,335,000

    Price

  • Mar 16, 2021

    Date

    Pending

    CRMLS: TR21019595

    $1,360,000

    Price

  • Mar 10, 2021

    Date

    Active Under Contract

    CRMLS: TR21019595

    $1,360,000

    Price

  • Feb 10, 2021

    Date

    Active

    CRMLS: TR21019595

    $1,360,000

    Price

  • Feb 9, 2021

    Date

    Active Under Contract

    CRMLS: TR21019595

    $1,360,000

    Price

  • Feb 1, 2021

    Date

    Active

    CRMLS: TR21019595

    $1,360,000

    Price

  • Jan 31, 2021

    Date

    Coming Soon

    CRMLS: TR21019595

    $1,360,000

    Price

  • April, 2020

  • Apr 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,230,000

    Price

  • November, 2003

  • Nov 21, 2003

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

Show More

Tax History for 121 S Illinois St

Assessed Value (2020): $882,348
Year Land Value Improved Value Assessed Value
2020 $644,114 $238,234 $882,348

Home Value Compared to the Market

This property vs the competition

121 S Illinois St sold on April 7, 2021 for 53.33% higher than the current median sold price for the city of Anaheim which is $887,000. The median sold price per/sqft for Anaheim is $558 and this home is sold at $335.97 per/sqft which puts the price per square foot 39.79% lower than the current median sale per square foot for the city of Anaheim.

About 121 S Illinois St

Detailed summary of property

121 S Illinois St is a fourplex that recently sold in Anaheim, CA 92805. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 4,048 living square feet, and sits on an approximately 6,970 square foot lot. 121 S Illinois St was first listed on ArdentRealEstateGroup.com on February 1, 2021. The homeowner sold the property for $1,335,000. Home in Anaheim are selling for a median price of $887,000 and a median price per square foot of $558. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 53.33% higher than the current median priced home. Local homes that are currently for sale include 6728 Friends Ave, 715 California and 4134 E Jacinto Way. While the average home in Anaheim, CA is selling in 46 days, 121 S Illinois St has a days on market of 16 days. There are currently 259 homes for sale in the Anaheim real estate market and 163 of them are single family homes while 66 of them are condos and 30 are townhomes. For more information on this home for sale at 121 S Illinois St Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 121 S Illinois St

Public county record property details
Beds
--
Baths
--
Year built
1973
Sq. Ft.
4,048
Lot Size
7,338
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
036-111-06

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
$839,888
Median List Price/Sq.Ft.
$571
Median Sold Price
$749,550
Median Sold Price/Sq.Ft.
$531
Total Inventory
60
Median Sale to List Price %
99.94%
Avg Days on Market
28
Loan Type
Conventional (50%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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