2209 E Westport Dr, Anaheim, CA 92806
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2209 E Westport Dr Anaheim, CA 92806

$1,830,000 Sold Price as of 05/28/2021
  • 8 Beds
  • 8 Baths
  • 4,958 Sq.Ft.
Sold
$1,830,000 Sold Price as of 05/28/2021 Refinance Your Mortgage

Map preview of 2209 E Westport Dr, Anaheim, CA 92806

Property Overview: 2209 E Westport Dr Anaheim, CA has 8 bedrooms, 8 bathrooms, 4,958 living square feet and 9,090 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 2209 E. Westport Drive, a pride of ownership 8-unit investment opportunity located in the in-demand rental market of Anaheim. Built in 1960, the subject property consists exclusively of one bedroom/one bathroom units. The property offers amenities including security doors, a shared courtyard, an onsite laundry facility and (4) double-car garages and (4) open parking spaces for a 1.5:1 parking ratio. The Westport Drive apartments offers exceptional curb appeal from its recent exterior renovation that included fresh exterior paint, new garage doors and majority new windows paired with attractive landscaping. Step inside and find that several of the interiors have been renovated with upgrades to kitchens, bathrooms and flooring which are highly desirable to current and future tenants. Tenants also enjoy the property's walking distance to a major retail center and close proximity to the trendy and urban Anaheim Packing District. Furthermore, the Westport Apartments is just over 3 miles to Disneyland, a major employer to the citizens of Anaheim and a favorite local attraction. Through continued modernization of remaining units and increased rents, this investment opportunity offers a strong long-term hold strategy with exceptional growth potential for any type of investor.

Listed by Rick Applebaum | BRE #01273871 | Morgan Skenderian
Co-listed by Paul Espinosa | BRE #01942627 | Morgan Skenderian
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
9,090
HOA Dues
$0/mo
Year built
1960
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21059376
City
Anaheim
County
Orange
Time on Site
1147 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,129
  • Total Rent: $9,032
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.4%
  • Gross Rent Multiplier: 17.55
  • Gross Scheduled Income: $108,276
  • Net Operating Income: $65,425
  • Gross Operating Income: $105,028
  • Vacancy Allowance: $3,248
  • Laundry Income: $876
Annual Expense Breakdown
  • Total Operating Expense: $39,603
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $21,469
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,983
  • Maintenance: $5,251
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $7,254
  • Other Expense Description: Utility

Property Details for 2209 E Westport Dr

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 08344113
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Lincoln Ave & East of State College Blvd
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 2209 E Westport Dr

Last sold for $1,830,000 on May 28th, 2021
  • May, 2021

  • May 30, 2021

    Date

    Sold

    CRMLS: PW21059376

    $1,830,000

    Price

  • May 3, 2021

    Date

    Pending

    CRMLS: PW21059376

    $1,900,000

    Price

  • Mar 22, 2021

    Date

    Active

    CRMLS: PW21059376

    $1,900,000

    Price

  • September, 2011

  • Sep 19, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2209 E Westport Dr

Assessed Value (2020): $147,343
Year Land Value Improved Value Assessed Value
2020 $47,041 $100,302 $147,343

Home Value Compared to the Market

This property vs the competition

2209 E Westport Dr sold on May 28, 2021 for 115.91% 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 $383.22 per/sqft which puts the price per square foot 29.3% lower than the current median sale per square foot for the city of Anaheim.

About 2209 E Westport Dr

Detailed summary of property

2209 E Westport Dr is a multi family that recently sold in Anaheim, CA 92806. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 4,958 living square feet, and sits on an approximately 9,090 square foot lot. 2209 E Westport Dr was first listed on ArdentRealEstateGroup.com on March 22, 2021. The homeowner sold the property for $1,830,000. 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 115.91% higher than the current median priced home. Local homes that are currently for sale include 2066 S Haster St, 938 S Gilbuck Dr and 2026 N Park Ln. While the average home in Anaheim, CA is selling in 40 days, 2209 E Westport Dr has a days on market of 42 days. There are currently 254 homes for sale in the Anaheim real estate market and 152 of them are single family homes while 70 of them are condos and 32 are townhomes. For more information on this home for sale at 2209 E Westport Dr Anaheim, CA 92806 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 2209 E Westport Dr

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
4,958
Lot Size
9,090
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
083-441-13

The source for these homes facts are from public records.

92806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$938,888
Median List Price/Sq.Ft.
$501
Median Sold Price
$1,016,500
Median Sold Price/Sq.Ft.
$598
Total Inventory
20
Median Sale to List Price %
107.01%
Avg Days on Market
10
Loan Type
Conventional (66.67%), FHA (0%), VA (11.11%), Cash (0%), Other (11.11%)

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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.