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2524 E Terrace St, Anaheim, CA 92806
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2524 E Terrace St Anaheim, CA 92806

$1,450,000 Sold Price as of 05/27/2021
  • 9 Beds
  • 7 Baths
  • 4,221 Sq.Ft.
Sold
$1,450,000 Sold Price as of 05/27/2021 Refinance Your Mortgage
Map preview of 2524 E Terrace St, Anaheim, CA 92806

Property Overview: 2524 E Terrace St Anaheim, CA has 9 bedrooms, 7 bathrooms, 4,221 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: "Bread and Butter" Investment Property Great Location Centrally Located! **New Roofs & New Garage Doors** The complex consists of: one Single Story, 3 bedroom/2 bath Front Unit that has a Master Bedroom and Central HVAC and 2 Car Enclosed Garage w/gated yard, there are two 2 bedroom/1.5 bath units and each has 1/2 Bath Downstairs 1 has a 2 car Garage and 1 has a 1 Car Garage and ALL have Individual Central HVAC and both have Private Yards and one 2 bedroom / 1 bath Upstairs Unit above Garages with a Balcony and Central HVAC Unit. 3 Community Parking Spaces on Property, $ Coin Operated Laundry Room $, Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants, This is a Great Investment Opportunity Property! New: Roof, Garage Doors, Paint, Wrought Iron, Windows and Doors, Partial Plumbing

Listed by Arthur Alderete | BRE #01281647 | Re/Max Premier Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1976
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC21016201
City
Anaheim
County
Orange
Time on Site
1210 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • 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: $1,783
  • Total Rent: $1,783
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $87,704
  • Net Operating Income: $66,684
  • Gross Operating Income: --
  • Laundry Income: $2,400
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $21,020
  • Electric: $1,200
  • Gas/Fuel: $1,620
  • New Taxes: $12,500
  • Trash: $1,200
  • Insurance: $1,500
  • Water/Sewer: $3,000

Property Details for 2524 E Terrace St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
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
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 34404111
  • 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
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: 91 fwy & 57 fwy
Neighborhood Information
  • Community Features: Park, Sidewalks, Street Lights
View more facts & features

Local Anaheim Agent

Sale History for 2524 E Terrace St

Last sold for $1,450,000 on May 27th, 2021

  • May, 2021

  • May 28, 2021

    Date

    Sold

    CRMLS: OC21016201

    $1,450,000

    Price

  • May 25, 2021

    Date

    Pending

    CRMLS: OC21016201

    $1,450,000

    Price

  • Apr 30, 2021

    Date

    Active Under Contract

    CRMLS: OC21016201

    $1,450,000

    Price

  • Apr 13, 2021

    Date

    Active

    CRMLS: OC21016201

    $1,450,000

    Price

  • Apr 13, 2021

    Date

    Price Change

    CRMLS: OC21016201

    $1,450,000

    Price

  • Mar 29, 2021

    Date

    Hold

    CRMLS: OC21016201

    $1,399,999

    Price

  • Jan 25, 2021

    Date

    Active

    CRMLS: OC21016201

    $1,399,999

    Price

  • March, 2020

  • Mar 6, 2020

    Date

    Canceled

    CRMLS: OC20023498

    $1,249,888

    Price

  • Feb 2, 2020

    Date

    Active

    CRMLS: OC20023498

    $1,249,888

    Price

  • Listing provided courtesy of CRMLS

    "Bread and Butter" Investment Property at a Great Location in Anaheim's Platinum Triangle! The complex consists of: one Single Story, 3 bedroom/2 bath Front Unit that has a Master Bedroom and Central HVAC and 2 Car Enclosed Garage w/gated yard, there are two 2 bedroom/1.5 bath units and each has 1/2 Bath Downstairs 1 has a 2 car Garage and 1 has a 1 Car Garage and both have Central HVAC and both have Private Yards and one 2 bedroom / 1 bath Upstairs Unit above Garages with a Balcony and Wall AC Unit. 3 Community Parking Spaces on Property, $ Coin Operated Laundry Room $, Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants, This is a Great Investment Opportunity Property!

  • February, 2020

  • Feb 1, 2020

    Date

    Expired

    CRMLS: OC19273813

    $1,249,888

    Price

  • Dec 2, 2019

    Date

    Active

    CRMLS: OC19273813

    $1,249,888

    Price

  • Listing provided courtesy of CRMLS

    "Bread and Butter" Investment Property at a Great Location in Anaheim's Platinum Triangle! The complex consists of: one Single Story, 3 bedroom/2 bath Front Unit that has a Master Bedroom and Central HVAC and 2 Car Enclosed Garage w/gated yard, there are two 2 bedroom/1.5 bath units and each has 1/2 Bath Downstairs 1 has a 2 car Garage and 1 has a 1 Car Garage and both have Central HVAC and both have Private Yards and one 2 bedroom / 1 bath Upstairs Unit above Garages with a Balcony and Wall AC Unit. 3 Community Parking Spaces on Property, $ Coin Operated Laundry Room $, Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants, This is a Great Investment Opportunity Property!

  • December, 2019

  • Dec 1, 2019

    Date

    Expired

    CRMLS: OC19232513

    $1,249,888

    Price

  • Oct 1, 2019

    Date

    Active

    CRMLS: OC19232513

    $1,249,888

    Price

  • Listing provided courtesy of CRMLS

    "Bread and Butter" Investment Property at a Great Location in Anaheim's Platinum Triangle! The complex consists of: one Single Story, 3 bedroom/2 bath Front Unit that has a Master Bedroom and Central HVAC and 2 Car Enclosed Garage w/gated yard, there are two 2 bedroom/1.5 bath units and each has 1/2 Bath Downstairs 1 has a 2 car Garage and 1 has a 1 Car Garage and both have Central HVAC and both have Private Yards and one 2 bedroom / 1 bath Upstairs Unit above Garages with a Balcony and Wall AC Unit. 3 Community Parking Spaces on Property, $ Coin Operated Laundry Room $, Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants, This is a Great Investment Opportunity Property!

  • October, 2019

  • Oct 1, 2019

    Date

    Expired

    CRMLS: OC19192478

    $1,249,888

    Price

  • Aug 12, 2019

    Date

    Active

    CRMLS: OC19192478

    $1,249,888

    Price

  • Listing provided courtesy of CRMLS

    "Bread and Butter" Investment Property at a Great Location in Anaheim's Platinum Triangle! The complex consists of: one Single Story, 3 bedroom/2 bath Front Unit that has a Master Bedroom and Central HVAC and 2 Car Enclosed Garage, there are two 2 bedroom/1.5 bath units and each has 1/2 Bath Downstairs, Central HVAC and Private Yards and one 1 bedroom / 1 bath Upstairs Unit above Garages with a Balcony. 3 Community Parking Spaces, $ Coin Operated Laundry Room $, Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants, This is a Great Investment Opportunity Property!

  • August, 2019

  • Aug 11, 2019

    Date

    Canceled

    CRMLS: OC19109978

    $1,249,888

    Price

  • May 13, 2019

    Date

    Active

    CRMLS: OC19109978

    $1,249,888

    Price

  • Listing provided courtesy of CRMLS

    "Bread and Butter" Investment Property at a Great Location in Anaheim's Platinum Triangle! The complex consists of: One Single Story 3 bedroom/2 bath Front Unit that has a Master Bedroom, Fireplace and Central HVAC and 2 Car Enclosed Garage, there are two 2 bedroom/1.5 bath units and each has 1/2 Bath Downstairs, Central HVAC and Private Yards and one 2 bedroom / 1 bath Upstairs Unit above Garages with a Balcony. 3 Community Parking Spaces, $ Coin Operated Laundry Room $, Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants, This is a Great Investment Opportunity Property!

  • June, 2014

  • Jun 6, 2014

    Date

    Sold (Public Records)

    Public Records

    $805,000

    Price

  • August, 2013

  • Aug 21, 2013

    Date

    Sold (Public Records)

    Public Records

    $704,000

    Price

Show More

Tax History for 2524 E Terrace St

Assessed Value (2020): $902,318
Year Land Value Improved Value Assessed Value
2020 $647,545 $254,773 $902,318

Home Value Compared to the Market

This property vs the competition

2524 E Terrace St sold on May 27, 2021 for 64.77% 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 $343.52 per/sqft which puts the price per square foot 36.62% lower than the current median sale per square foot for the city of Anaheim.

About 2524 E Terrace St

Detailed summary of property

2524 E Terrace St is a fourplex that recently sold in Anaheim, CA 92806. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,221 living square feet, and sits on an approximately 6,970 square foot lot. 2524 E Terrace St was first listed on ArdentRealEstateGroup.com on January 25, 2021. The homeowner sold the property for $1,450,000. 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 64.77% higher than the current median priced home. Local homes that are currently for sale include 1818 W Glenoaks Ave, 915 W Maple Ave and 310 N Muller St. While the average home in Anaheim, CA is selling in 41 days, 2524 E Terrace St has a days on market of 73 days. There are currently 255 homes for sale in the Anaheim real estate market and 148 of them are single family homes while 77 of them are condos and 30 are townhomes. For more information on this home for sale at 2524 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 2524 E Terrace St

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
4,221
Lot Size
9,703
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
6
APN
344-041-11

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
$925,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$1,016,500
Median Sold Price/Sq.Ft.
$598
Total Inventory
17
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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Thinking of Selling?
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(714) 706-1823

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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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