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2516 E Terrace St, Anaheim, CA 92806
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2516 E Terrace St Anaheim, CA 92806

$900,000 Sold Price as of 07/15/2019
  • 7 Beds
  • 6 Baths
  • 3,318 Sq.Ft.
Sold
$900,000 Sold Price as of 07/15/2019 Refinance Your Mortgage
Map preview of 2516 E Terrace St, Anaheim, CA 92806

Property Overview: 2516 E Terrace St Anaheim, CA has 7 bedrooms, 6 bathrooms, 3,318 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity on this triplex. Front unit A is a single level 3 bedrooms/2 bathrooms, units B and C are both 2 stories 2 bedrooms/1-1/2 bathrooms. There is a community laundry room, enclosed garages, plenty of street parking spaces, private patios, and central AC. Centrally located close to 91 and 57 freeways.

Listed by Anthony Nguyen | BRE #01864222 | House 2 Home Realtors
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1976
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19070729
City
Anaheim
County
Orange
Time on Site
1399 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $19,200
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $15,000
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $16,800
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,000
  • Net Operating Income: $40,934
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,066
  • Electric: $1,000
  • Gas/Fuel: $650
  • New Taxes: $10,450
  • Trash: $0
  • Insurance: $1,350
  • Water/Sewer: $800

Property Details for 2516 E Terrace St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Washer Included
Fireplace Information
  • Has Fireplace
  • Patio
Room Information
  • Walk-In Closet
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 34404108
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: From Orangethorpe Ave, south on N Placentia Ave, W La Jolla St, right on Wallgreen St, right on E Park Ln, left on Terrace.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Anaheim Agent

Sale History for 2516 E Terrace St

Last sold for $900,000 on July 15th, 2019

  • July, 2019

  • Jul 15, 2019

    Date

    Sold

    CRMLS: OC19070729

    $900,000

    Price

  • Jul 14, 2019

    Date

    Pending

    CRMLS: OC19070729

    $899,900

    Price

  • May 31, 2019

    Date

    Active Under Contract

    CRMLS: OC19070729

    $899,900

    Price

  • May 20, 2019

    Date

    Price Change

    CRMLS: OC19070729

    $899,900

    Price

  • Mar 30, 2019

    Date

    Active

    CRMLS: OC19070729

    $949,995

    Price

  • July, 2019

  • Jul 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • October, 2009

  • Oct 14, 2009

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

Show More

Tax History for 2516 E Terrace St

Assessed Value (2020): $900,000
Year Land Value Improved Value Assessed Value
2020 $720,170 $179,830 $900,000

Home Value Compared to the Market

This property vs the competition

2516 E Terrace St sold on July 15, 2019 for 2.26% 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 $271.22 per/sqft which puts the price per square foot 49.96% lower than the current median sale per square foot for the city of Anaheim.

About 2516 E Terrace St

Detailed summary of property

2516 E Terrace St is a multi family that recently sold in Anaheim, CA 92806. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 3,318 living square feet, and sits on an approximately 7,405 square foot lot. 2516 E Terrace St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $900,000. 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 2.26% higher than the current median priced home. Local homes that are currently for sale include 309 Soldano Ave, 3134 E Coolidge St and 4110 E Vermont St. While the average home in Anaheim, CA is selling in 40 days, 2516 E Terrace St has a days on market of 60 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 2516 E Terrace St Anaheim, CA 92806 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 2516 E Terrace St

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
3,318
Lot Size
7,840
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
9
APN
344-041-08

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.
$536
Median Sold Price
$1,016,500
Median Sold Price/Sq.Ft.
$598
Total Inventory
21
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%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 2516 E Terrace St

2512 E Terrace St, Anaheim, CA 92806
$1,410,000 Last Sold Price
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7 Baths
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2512 E Terrace St
Anaheim, CA 92806
2520 E Park Ln, Anaheim, CA 92806
$2,475,000 Last Sold Price
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8234 Sq.Ft.
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2521 E Terrace St, Anaheim, CA 92806
$978,000 Last Sold Price
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2521 E Terrace St
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2524 E Terrace St, Anaheim, CA 92806
$1,450,000 Last Sold Price
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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.

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