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2552 E Terrace St, Anaheim, CA 92806
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2552 E Terrace St Anaheim, CA 92806

$1,550,000 Sold Price as of 06/14/2022
  • 9 Beds
  • 7 Baths
  • 4,634 Sq.Ft.
Sold
$1,550,000 Sold Price as of 06/14/2022 Refinance Your Mortgage
Map preview of 2552 E Terrace St, Anaheim, CA 92806

Property Overview: 2552 E Terrace St Anaheim, CA has 9 bedrooms, 7 bathrooms, 4,634 living square feet and 8,152 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Highly sought-after Covington style 4-plex in high demand rental area in Anaheim. Approx. 4,634 sq. ft. building consisting of one 3-bedroom 2-bath owners style unit (approx. 1,750 sq ft) with fireplace, vaulted ceiling in living room, large patio, and two 1-car garages. Two 2-bedroom 2-bath units with balcony and one 2-bedroom 1-bath townhouse style units with enclosed patios. All units have enclosed garages. Unit C had kitchen & bath remodeled within the past 2 years including granite counter tops. New patio covers! 3 units have laundry hook-ups PLUS on-site laundry for additional income! Roof and plumbing replaced in last 10 years (approx.), water heater replaced within last year approx. Individually metered for Gas & Electric. (Tenants pay) 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 (Approx 5+ years).

Listed by Carlo Sparacino | BRE #01849499 | Joseph Sparacino, Broker
Co-listed by Joseph Sparacino | BRE #01034547 | Joseph Sparacino, Broker
Last checked: 3 minutes ago | Last updated: June 15th, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
8,152
HOA Dues
$0/mo
Year built
1969
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC22091468
City
Anaheim
County
Orange
Time on Site
744 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • 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: $2,237
  • Total Rent: $2,237
  • Pro Forma/Market Rent: $3,115
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,705
  • Total Rent: $1,705
  • Pro Forma/Market Rent: $2,278
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,667
  • Total Rent: $1,667
  • Pro Forma/Market Rent: $2,278
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,672
  • Total Rent: $1,672
  • Pro Forma/Market Rent: $2,278
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.01%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $87,372
  • Net Operating Income: $62,222
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,150
  • Electric: $200
  • Gas/Fuel: $0
  • New Taxes: $17,050
  • Trash: $1,700
  • Insurance: $2,500
  • Maintenance: $2,000
  • Water/Sewer: $1,700

Property Details for 2552 E Terrace St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Common Area, Gas Dryer Hookup, Individual Room, Washer Hookup
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: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 34402307
  • Year Built Source: Public Records
  • 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: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Cross Streets: N of 91 Frwy, W of 57 Frwy
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

Local Anaheim Agent

Sale History for 2552 E Terrace St

Last sold for $1,550,000 on June 14th, 2022

  • June, 2022

  • Jun 14, 2022

    Date

    Sold

    CRMLS: OC22091468

    $1,550,000

    Price

  • May 3, 2022

    Date

    Active

    CRMLS: OC22091468

    $1,550,000

    Price

  • November, 2000

  • Nov 2, 2000

    Date

    Sold (Public Records)

    Public Records

    $370,000

    Price

Show More

Tax History for 2552 E Terrace St

Assessed Value (2020): $509,786
Year Land Value Improved Value Assessed Value
2020 $304,205 $205,581 $509,786

Home Value Compared to the Market

This property vs the competition

2552 E Terrace St sold on June 14, 2022 for 76.14% 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 $334.48 per/sqft which puts the price per square foot 38.29% lower than the current median sale per square foot for the city of Anaheim.

About 2552 E Terrace St

Detailed summary of property

2552 E Terrace St is a multi family that recently sold in Anaheim, CA 92806. This multi family property offered 9 bedrooms, 7 bathrooms, roughly 4,634 living square feet, and sits on an approximately 8,152 square foot lot. 2552 E Terrace St was first listed on ArdentRealEstateGroup.com on May 3, 2022. The homeowner sold the property for $1,550,000. 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 76.14% higher than the current median priced home. Local homes that are currently for sale include 1126 W Broadway, 310 E Wakefield Ave and 2066 S Haster St. While the average home in Anaheim, CA is selling in 40 days, 2552 E Terrace St has a days on market of 7 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 2552 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 2552 E Terrace St

Public county record property details
Beds
--
Baths
--
Year built
1969
Sq. Ft.
4,634
Lot Size
8,189
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
19
APN
344-023-07

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%)

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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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