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2545 E Ward Terrace, Anaheim, CA 92806
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2545 E Ward Terrace Anaheim, CA 92806

$1,750,000
  • 7 Beds
  • 5 Baths
  • 3,969 Sq.Ft.
For Sale
$1,750,000 Get Pre-Qualified
Map preview of 2545 E Ward Terrace, Anaheim, CA 92806

Property Overview: 2545 E Ward Terrace Anaheim, CA has 7 bedrooms, 5 bathrooms, 3,969 living square feet and 9,583 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: This Ward Terrace Covington 4-plex apartment offers a unique chance to acquire a well-maintained property on a rarely available cul-de-sac in Anaheim. The 3,969-square-foot building includes a desirable unit mix: (1) 3-bed, 2-bath owners unit with fireplace, (1) 2-bed, 1-bath unit, and (2) 1-bed, 1-bath units. All units are well-maintained. Tenants benefit from (5) garage parking, (4) enclosed patios, central forced air heating, wall air conditioning, ceiling fans and access to an onsite laundry room. Owner expenses are minimal as the property is separately metered for gas and electricity. This is a rare investment opportunity for a Covington 4-plex not to be missed, next to park, near freeways and supporting services.

Listed by Chuck MacGregor | BRE #00581965 | MacGregor Brokerage & Inv
Co-listed by James Eichenbaum | BRE #00891338 | AREA Realty Group
Last checked: 10 minutes ago | Last updated: August 27th, 2024 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
9,583
HOA Dues
$0/mo
Year built
1968
Garage
5 Car
Property Type:
Fourplex
Status
Active
MLS#
OC24141899
City
Anaheim
County
Orange
Time on Site
57 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: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,465
  • Total Rent: $1,465
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,575
  • Total Rent: $2,575
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $99,480
  • Net Operating Income: $87,680
  • Gross Operating Income: --
  • Laundry Income: $50
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $11,800
  • Electric: $1,200
  • Trash: $100
  • Insurance: $2,000
  • Water/Sewer: $2,500
  • Other Expenses: $6,000
  • Other Expense Description: Taxes

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Property Details for 2545 E Ward Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile
  • All Bedrooms Down
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 26810109
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Ward Terrace
  • Directions: Lincoln Avenue to Sunkist Street to E. Ward Terrace
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Park
View more facts & features

Local Anaheim Agent

Sale History for 2545 E Ward Terrace

View property's historical transactions

  • July, 2024

  • Jul 12, 2024

    Date

    Active

    CRMLS: OC24141899

    $1,849,000

    Price

Tax History for 2545 E Ward Terrace

Assessed Value (2020): $432,846
Year Land Value Improved Value Assessed Value
2020 $249,520 $183,326 $432,846

Home Value Compared to the Market

This property vs the competition

2545 E Ward Terrace is listed 100% higher than the median list price for the city of Anaheim which has a median list price of $875,000. The median price per/sqft for Anaheim is $572 and this home is listed at $440.92 per/sqft which puts the price per square foot 22.92% lower than the median price per square foot for the city of Anaheim.

About 2545 E Ward Terrace

Detailed summary of property

2545 E Ward Terrace is a fourplex located in Anaheim, CA 92806 and is currently for sale. This fourplex offers 7 bedrooms, 5 bathrooms, roughly 3,969 living square feet, and sits on an approximately 9,583 square foot lot. 2545 E Ward Terrace was first listed on ArdentRealEstateGroup.com on July 12, 2024. The homeowner is currently asking $1,750,000 and was originally asking $1,849,000. The median priced home in Anaheim is $875,000 with a median price per square foot of $572. Based on Ardent Real Estate Group's Anaheim Market Data, this home is listed 100% higher than the median priced home. Local competing homes currently for sale include 756 N Shattuck Pl, 938 S Gilbuck Dr and 733 S Fondren St. While the average home in Anaheim, CA is selling in 48 days, 2545 E Ward Terrace has a days on market of 57 days. There are currently 287 homes for sale in the Anaheim real estate market and 175 of them are single family homes while 84 of them are condos and 28 are townhomes. For more information on this home for sale at 2545 E Ward Terrace Anaheim, CA 92806 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 2545 E Ward Terrace

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
3,969
Lot Size
9,573
Stories
2
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
268-101-09

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
$999,999
Median List Price/Sq.Ft.
$539
Median Sold Price
$966,900
Median Sold Price/Sq.Ft.
$538
Total Inventory
21
Median Sale to List Price %
100.2%
Avg Days on Market
19
Loan Type
Conventional (61.11%), FHA (5.56%), VA (5.56%), Cash (22.22%), Other (5.56%)

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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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