2248 W Colchester Dr, Anaheim, CA 92804
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2248 W Colchester Dr Anaheim, CA 92804

$1,700,000 Sold Price as of 05/18/2021
  • 10 Beds
  • 6 Baths
  • 4,456 Sq.Ft.
Sold
$1,700,000 Sold Price as of 05/18/2021 Refinance Your Mortgage

Map preview of 2248 W Colchester Dr, Anaheim, CA 92804

Property Overview: 2248 W Colchester Dr Anaheim, CA has 10 bedrooms, 6 bathrooms, 4,456 living square feet and 8,712 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the heart of Anaheim, the Colchester Apartments are an excellent opportunity to acquire stabilized, turn-key, walk-up style buildings. The investment is comprised of five two-bedroom units accompanied by six garage parking spaces. The property boasts well kept grounds and manicured landscaping.

Listed by Jason Kirklen | BRE #01939655 | Kirklen Investment Group
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1961
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21008291
City
Anaheim
County
Orange
Time on Site
1202 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $7,175
  • Total Rent: $86,100
  • Pro Forma/Market Rent: $7,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,825
  • Total Rent: $21,900
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,600
  • Net Operating Income: $72,027
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $35,073
  • Electric: $2,434
  • Gas/Fuel: $2,434
  • New Taxes: $19,796
  • Trash: $1,000
  • Insurance: $1,560
  • Professional Management: $4,300

Property Details for 2248 W Colchester Dr

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: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 21-25 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 12725308
  • Year Built Source: Seller
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Anaheim Gardens (ANGR)
  • Directions: Take the 5 Freeway to Brookhurst and head south. Turn west onto Colchester Drive and the property will be on the left.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Anaheim Agent

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Sale History for 2248 W Colchester Dr

Last sold for $1,700,000 on May 18th, 2021
  • May, 2021

  • May 25, 2021

    Date

    Sold

    CRMLS: OC21008291

    $1,700,000

    Price

  • Jan 28, 2021

    Date

    Active Under Contract

    CRMLS: OC21008291

    $1,685,000

    Price

  • Jan 14, 2021

    Date

    Active

    CRMLS: OC21008291

    $1,685,000

    Price

  • December, 2017

  • Dec 29, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,385,000

    Price

  • June, 2004

  • Jun 11, 2004

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

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Tax History for 2248 W Colchester Dr

Assessed Value (2020): $1,397,260
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $377,260 $1,397,260

Home Value Compared to the Market

This property vs the competition

2248 W Colchester Dr sold on May 18, 2021 for 91.48% 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 $378.14 per/sqft which puts the price per square foot 30.23% lower than the current median sale per square foot for the city of Anaheim.

About 2248 W Colchester Dr

Detailed summary of property

2248 W Colchester Dr is a multi family that recently sold in Anaheim, CA 92804. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 4,456 living square feet, and sits on an approximately 8,712 square foot lot. 2248 W Colchester Dr was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,700,000. 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 91.48% higher than the current median priced home. Local homes that are currently for sale include 3701 W Savanna St, 3700 W Savanna St and 420 S Melrose St. While the average home in Anaheim, CA is selling in 43 days, 2248 W Colchester Dr has a days on market of 12 days. There are currently 232 homes for sale in the Anaheim real estate market and 139 of them are single family homes while 66 of them are condos and 27 are townhomes. For more information on this home for sale at 2248 W Colchester Dr Anaheim, CA 92804 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 2248 W Colchester Dr

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
4,456
Lot Size
9,087
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
24
APN
127-253-08

The source for these homes facts are from public records.

92804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$875,000
Median List Price/Sq.Ft.
$559
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$545
Total Inventory
62
Median Sale to List Price %
100.11%
Avg Days on Market
30
Loan Type
Conventional (60%), FHA (4%), VA (0%), Cash (24%), Other (8%)

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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.