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1314 S Iris St Anaheim, CA 92805

$977,000 Sold Price as of 07/22/2019

6 Beds
4 Baths
3,388 Sq.Ft.

Sold

$977,000 Sold Price as of 07/22/2019 Refinance Your Mortgage

Map preview of 1314 S Iris St, Anaheim, CA 92805

Property Overview: 1314 S Iris St Anaheim, CA has 6 bedrooms, 4 bathrooms, 3,388 living square feet and 11,761 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this 4 unit, single-story investment property in Anaheim. Built in 1957, this property is located on the corner of South Iris Street and West Hill Place, a cul-de-sac. This property is located in a quiet residential neighborhood, 1.3 miles south of the up and coming Anaheim Packing District, and a short distance east of Disneyland. The unit mix consists of two 2bed/1bath units and two 1bed/1bath units. Each unit has a single car garage, which feature washer and dryer hookups. This property is individually metered for gas & electric. Tenants pay for gas & electricity and the owners pay for water and trash.

Listed by Michael McHugh | BRE #01966130 | CB Richard Ellis, Inc.

Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft: 11,761
HOA Dues: $0/mo
Year built: 1957
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19460332
City: Anaheim
County: Orange
Time on Site: 1382 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 2
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,650
Total Rent: $1,650
Pro Forma/Market Rent: $1,725

Unit Breakdown 2

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,250
Total Rent: $1,250
Pro Forma/Market Rent: $1,425

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 4.57%
Gross Rent Multiplier: 13.65
Gross Scheduled Income: --
Net Operating Income: $43,397
Gross Operating Income: $67,512
Improvements Total: $109,968

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1314 S Iris St

Interior Features

Cooling Information

No Cooling
None

Laundry Information

Has Laundry
Gas Dryer Hookup

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Garage - Single Door

Lot Information

Lot Features: Sprinklers None

Property Information

Total # of Units: 4
Parcel Number: 08240303

Homeowners Association, Utilities, Taxes / Assessments

Assessment Information

No Assessments
Assessments: None

Location / Neighborhood

Location Information

Directions: Heading East on W Ball Rd, make a right onto S Iris Street, then left onto W Hill Place, it will be the first property on your left.

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Local Anaheim Agent

Sale History for 1314 S Iris St

Last sold for $977,000 on July 22nd, 2019

July, 2019
Jul 25, 2019

Date

Sold

CRMLS: 19460332

$977,000

Price
Jul 3, 2019

Date

Pending

CRMLS: 19460332

$950,000

Price
May 28, 2019

Date

Active Under Contract

CRMLS: 19460332

$950,000

Price
Apr 29, 2019

Date

Active

CRMLS: 19460332

$950,000

Price
July, 2019
Jul 22, 2019

Date

Sold (Public Records)

Public Records

$977,000

Price
November, 1993
Nov 30, 1993

Date

Sold (Public Records)

Public Records

$205,000

Price

Tax History for 1314 S Iris St

Assessed Value (2020): $403,551

Year	Land Value	Improved Value	Assessed Value
2020	$294,592	$108,959	$403,551

Home Value Compared to the Market

This property vs the competition

1314 S Iris St sold on July 22, 2019 for 7.95% 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 $280.4 per/sqft which puts the price per square foot 48.27% lower than the current median sale per square foot for the city of Anaheim.

About 1314 S Iris St

Detailed summary of property

1314 S Iris St is a multi family that recently sold in Anaheim, CA 92805. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,388 living square feet, and sits on an approximately 11,761 square foot lot. 1314 S Iris St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $977,000. 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 7.95% higher than the current median priced home. Local homes that are currently for sale include 3850 E 15th St, 3850 E 15th St and 4110 E Vermont St. While the average home in Anaheim, CA is selling in 44 days, 1314 S Iris St has a days on market of 10 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 1314 S Iris 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 1314 S Iris St

Public county record property details

Beds: --
Baths: --
Year built: 1957
Sq. Ft.: 3,388
Lot Size: 11,349
Stories: 2

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Orange
Lot#: 1
APN: 082-403-03

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

$829,275

Median List Price/Sq.Ft.

$558

Median Sold Price

$895,000

Median Sold Price/Sq.Ft.

$540

Total Inventory

Median Sale to List Price %

102.99%

Avg Days on Market

Loan Type

Conventional (52%), FHA (4%), VA (4%), Cash (16%), Other (24%)

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(714) 706-1823

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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.