1810 W Gramercy Ave #1, Anaheim, CA 92801
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1810 W Gramercy Ave #1 Anaheim, CA 92801

$1,595,000 Sold Price as of 01/21/2022
  • 8 Beds
  • 5 Baths
  • 4,268 Sq.Ft.
Sold
$1,595,000 Sold Price as of 01/21/2022 Refinance Your Mortgage

Map preview of 1810 W Gramercy Ave #1, Anaheim, CA 92801

Property Overview: 1810 W Gramercy Ave #1 Anaheim, CA has 8 bedrooms, 5 bathrooms, 4,268 living square feet and 7,765 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fully occupied four unit building with month to month tenants. Complex includes a three bedroom, one bath house in the front. Rear building is two story. Two units are two bedroom, one bath each. The fourth unit is one bedroom one bath. Kitchen counters and cabinets upgraded in all units. New Appliances in most of the units installed in 2017. Laminate flooring installed in most of the units in 2017. There is a laundry room with washer/dryer currently not used. There are five garages in the rear building, accessible thru the back alley. Separate gas and electricity meters. Common water heater in laundry room. Convenient location close to freeways, shopping, restaurants, etc.

Listed by Salim Patel | BRE #01241927 | The Realestate Group
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
7,765
HOA Dues
$0/mo
Year built
1968
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21198751
City
Anaheim
County
Orange
Time on Site
896 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,800
  • Net Operating Income: $74,336
  • Gross Operating Income: $86,136
  • Vacancy Allowance: $2,664
  • Gross Spendable Income: $74,336
Annual Expense Breakdown
  • Total Operating Expense: $11,800
  • Electric: $560
  • Licenses: $120
  • Trash: $400
  • Gardener: $1,200
  • Insurance: $1,920
  • Professional Management: $4,800
  • Water/Sewer: $600
  • Other Expenses: $1,400
  • Other Expense Description: Gas

Property Details for 1810 W Gramercy Ave #1

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 27205501
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: Certain Owner owned appliances
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: None
  • Directions: Near Glenoaks and Euclid
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 1810 W Gramercy Ave #1

Last sold for $1,595,000 on January 21st, 2022
  • January, 2022

  • Jan 21, 2022

    Date

    Sold

    CRMLS: SB21198751

    $1,595,000

    Price

  • July, 2018

  • Jul 7, 2018

    Date

    Expired

    CRMLS: OC18105976

    $1,800

    Price

  • Jun 28, 2018

    Date

    Withdrawn

    CRMLS: OC18105976

    $1,800

    Price

  • May 6, 2018

    Date

    Active

    CRMLS: OC18105976

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Tastefully Renovated 2 Bedroom, 1 Bathroom with One Car Detached Garage. Central Air Conditioning, recessed lighting, full kitchen appliances in stainless steel, new Beachwood cabinets, granite countertops, stainless steel sinks, fully tiled bathroom, wood laminate flooring. Spacious Patio appealing to families with kids. Convenient location off N.Euclid Street, within walking distance to Anaheim Plaza.

  • December, 2017

  • Dec 27, 2017

    Date

    Sold

    CRMLS: NP17246036

    $1,350,000

    Price

  • Nov 16, 2017

    Date

    Pending

    CRMLS: NP17246036

    $1,350,000

    Price

  • Nov 4, 2017

    Date

    Active Under Contract

    CRMLS: NP17246036

    $1,350,000

    Price

  • Oct 28, 2017

    Date

    Active

    CRMLS: NP17246036

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    An epitome of hassle free investment! Tastefully renovated from head to toe to produce top rental income and minimal operating costs. The interior is like a newly built condo in Newport Beach. Show this 4-plex to a client that appreciates quality and wants pride of ownership. Have 3, 2, and 1 bedroom units. Each unit fully equipped with central A/C ( a rare find in Anaheim), recessed lighting, full kitchen appliances in stainless steel, brand new German beachwood cabinets, granite countertops, stainless steel sinks, contemporary style plumbing fixture, fully tiled baths, Mocha wood laminate flooring with new carpeting. Downstairs units with spacious patios appealing to families with kids. All units with detached remote operated garages and in-building laundry machine owned by the property. Landscaping is trendy California desert style drought tolerant plants and drip irrigation to maximize water consumption efficiency. 360 degrees of property wrapped by full HD security camera surveillance system providing 24/7 desktop/cellphone remote monitoring. Property is fully rented with rates setting the benchmark for rental income properties in the City of Anaheim. Building is conveniently located off of N. Euclid Street, withing waking distance of Anaheim Plaza very close to I-5 Freeway and minutes away from Disneyland. GRM is 13.7 and Cap Rate is 5.26% based on actual numbers and not proforma!!!! Agent is one of the principal owners.

  • December, 2017

  • Dec 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

  • August, 2016

  • Aug 19, 2016

    Date

    Sold (Public Records)

    Public Records

    $862,000

    Price

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Tax History for 1810 W Gramercy Ave #1

Assessed Value (2020): $1,369,573
Year Land Value Improved Value Assessed Value
2020 $1,218,920 $150,653 $1,369,573

Home Value Compared to the Market

This property vs the competition

1810 W Gramercy Ave #1 sold on January 21, 2022 for 75.57% 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 $362 per/sqft which puts the price per square foot 33.21% lower than the current median sale per square foot for the city of Anaheim.

About 1810 W Gramercy Ave #1

Detailed summary of property

1810 W Gramercy Ave #1 is a multi family that recently sold in Anaheim, CA 92801. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 4,268 living square feet, and sits on an approximately 7,765 square foot lot. 1810 W Gramercy Ave #1 was first listed on ArdentRealEstateGroup.com on December 2, 2021. The homeowner sold the property for $1,595,000. 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 75.57% higher than the current median priced home. Local homes that are currently for sale include 8860 Tina Way, 119 S Delano St and 1556 E Benmore Ln. While the average home in Anaheim, CA is selling in 40 days, 1810 W Gramercy Ave #1 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 1810 W Gramercy Ave #1 Anaheim, CA 92801 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 1810 W Gramercy Ave #1

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
4,268
Lot Size
7,765
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
9
APN
272-055-01

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
$795,000
Median List Price/Sq.Ft.
$548
Median Sold Price
$850,000
Median Sold Price/Sq.Ft.
$501
Total Inventory
50
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.