231 S Laxore St, Anaheim, CA 92804
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231 S Laxore St Anaheim, CA 92804

$1,980,000
  • 9 Beds
  • 7 Baths
  • 4,040 Sq.Ft.
For Sale
$1,980,000 Get Pre-Qualified

Map preview of 231 S Laxore St, Anaheim, CA 92804

Property Overview: 231 S Laxore St Anaheim, CA has 9 bedrooms, 7 bathrooms, 4,040 living square feet and 13,068 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: JUST REDUCED, WILL NOT LAST, HURRY! HURRY! HURRY! listing for a great opportunity as an investment. This property currently has 4 units, the City of Anaheim is in the process of final approval for the construction of an additional 6 units, turning this investment opportunity into a 10 units. Full set of blueprints will be sent upon request, file to large to upload in this medium. Currently there are 4 units that are occupied and can be vacated if new owner decides to build the new 6 units. Property is close to shops, restaurants and grocery stores. Schools are close and the area is a good one to have families rent. Don't lose an opportunity to jump into a 4 units and convert to a 10 unit moneymaker.

Listed by Fred Parra | BRE #01469971 | Uptown Realty
Last checked: 10 minutes ago | Last updated: March 3rd, 2024 | Source CRMLS | DOM: 215
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Home details

Lot Sq. Ft
13,068
HOA Dues
$0/mo
Year built
1963
Garage
5 Car
Property Type:
Fourplex
Status
Active
MLS#
RS23173254
City
Anaheim
County
Orange
Time on Site
229 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $124,800
  • Net Operating Income: $6,150
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $700
  • Electric: $120
  • Gas/Fuel: $0
  • Trash: $100
  • Insurance: $195
  • Professional Management: $0
  • Water/Sewer: $140

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Property Details for 231 S Laxore St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
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: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 12660209
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: None
  • Directions: East of Beach Blvd and South of Lincoln Ave
Neighborhood Information
  • Community Features: Biking
View more facts & features

Local Anaheim Agent

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Sale History for 231 S Laxore St

Last sold for $1,710,000 on April 8th, 2022
  • September, 2023

  • Sep 15, 2023

    Date

    Active

    CRMLS: RS23173254

    $2,200,000

    Price

  • March, 2022

  • Mar 25, 2022

    Date

    Pending

    CRMLS: PW22034574

    $1,695,000

    Price

  • Listing provided courtesy of CRMLS

    The Laxore Street 4-plex apartments present an opportunity to acquire a Covington style 4-plex in West Anaheim across the street from 39 Commons and a host of other approved residential and retail developments. The front apartment is a spacious, single story 3 bedroom 2 bathroom. The three remaining apartments are all 2 bedroom 2 bath. The structure for the building measures 4,040 square feet and it sits atop a large, 13,000 square foot corner lot. Tenants enjoy privacy as the property is gated and each apartment has it’s own individual yard area. Parking is a strong point for the apartments as each resident has an enclosed car garage along with one or two open spaces. An onsite laundry room provides an additional amenity for tenants while providing additional monthly revenue for the owner. Management for the building is minimal as all tenants are long term and pay their own gas and electric bills. Along with being across from several new development projects along Beach Blvd. the Laxore Street 4-plex apartments are located close to the 5 and 91 freeways allowing easy access for commuter tenants.

  • November, 2012

  • Nov 13, 2012

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

  • December, 1999

  • Dec 22, 1999

    Date

    Sold (Public Records)

    Public Records

    $298,000

    Price

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Tax History for 231 S Laxore St

Assessed Value (2020): $796,445
Year Land Value Improved Value Assessed Value
2020 $669,014 $127,431 $796,445

Home Value Compared to the Market

This property vs the competition

231 S Laxore St is listed 130.23% higher than the median list price for the city of Anaheim which has a median list price of $860,000. The median price per/sqft for Anaheim is $559 and this home is listed at $490.1 per/sqft which puts the price per square foot 12.33% lower than the median price per square foot for the city of Anaheim.

About 231 S Laxore St

Detailed summary of property

231 S Laxore St is a fourplex located in Anaheim, CA 92804 and is currently for sale. This fourplex offers 9 bedrooms, 7 bathrooms, roughly 4,040 living square feet, and sits on an approximately 13,068 square foot lot. 231 S Laxore St was first listed on ArdentRealEstateGroup.com on September 15, 2023. The homeowner is currently asking $1,980,000 and was originally asking $2,200,000. The median priced home in Anaheim is $860,000 with a median price per square foot of $559. Based on Ardent Real Estate Group's Anaheim Market Data, this home is listed 130.23% higher than the median priced home. Local competing homes currently for sale include 728 W Romneya Dr, 7801 11th St and 602 E Wilhelmina St. While the average home in Anaheim, CA is selling in 44 days, 231 S Laxore St has a days on market of 215 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 231 S Laxore St Anaheim, CA 92804 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 231 S Laxore St

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
4,040
Lot Size
12,902
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
126-602-09

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
$860,000
Median List Price/Sq.Ft.
$558
Median Sold Price
$875,500
Median Sold Price/Sq.Ft.
$536
Total Inventory
59
Median Sale to List Price %
103%
Avg Days on Market
13
Loan Type
Conventional (63.64%), FHA (0%), VA (4.55%), Cash (22.73%), Other (9.09%)

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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.