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2561 E Terrace St, Anaheim, CA 92806
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2561 E Terrace St Anaheim, CA 92806

$1,300,000 Sold Price as of 05/05/2021
  • 9 Beds
  • 7 Baths
  • 4,634 Sq.Ft.
Sold
$1,300,000 Sold Price as of 05/05/2021 Refinance Your Mortgage
Map preview of 2561 E Terrace St, Anaheim, CA 92806

Property Overview: 2561 E Terrace St Anaheim, CA has 9 bedrooms, 7 bathrooms, 4,634 living square feet and 8,133 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: > Located in the Heart of Orange County > Unit Mix consists of (1) 3BD/2BA, (2) 2BD/2BA, and (1) 2BD/1BA unit > Five (5) Total Garage spaces > Upside in Rental Income by a projected 16.8% > Attractive, Residential Financing Available (Contact Listing Agent for more details)

Listed by Pat Swanson | BRE #01382974 | Pat Swanson
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
8,133
HOA Dues
$0/mo
Year built
1969
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21056793
City
Anaheim
County
Orange
Time on Site
1155 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,790
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,800
  • Net Operating Income: $45,538
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $26,408
  • Electric: $510
  • Gas/Fuel: $932
  • New Taxes: $15,225
  • Trash: $0
  • Insurance: $1,400
  • Water/Sewer: $3,259

Property Details for 2561 E Terrace St

Interior Features
Laundry Information
  • No Laundry
  • 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: Front Yard
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 34402209
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 2561 E Terrace Street, Anaheim, CA 92806
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Anaheim Agent

Sale History for 2561 E Terrace St

Last sold for $1,300,000 on May 5th, 2021

  • May, 2021

  • May 6, 2021

    Date

    Sold

    CRMLS: OC21056793

    $1,300,000

    Price

  • Apr 26, 2021

    Date

    Pending

    CRMLS: OC21056793

    $1,300,000

    Price

  • Mar 25, 2021

    Date

    Active Under Contract

    CRMLS: OC21056793

    $1,300,000

    Price

  • Mar 18, 2021

    Date

    Active

    CRMLS: OC21056793

    $1,300,000

    Price

  • March, 2018

  • Mar 12, 2018

    Date

    Leased

    CRMLS: OC18031175

    $1,500

    Price

  • Feb 9, 2018

    Date

    Active

    CRMLS: OC18031175

    $1,500

    Price

  • Listing provided courtesy of CRMLS

    REMODELED IN WELL MAINTAINED COMPLEX. Spacious 2 Bedrooms and 2 Bathrooms. Your own patio deck. Kitchen with stainless steel sink and faucet head. Refinished cabinetry with granite countertops. Brand new tile flooring throughout the entire unit. Spacious bedrooms with a walk-in-closet inside the master along with a 2nd closet. Inside the unit is bright with plenty of natural light. Wall A/C and Heating. Onsite laundry and one detached enclosed garage included. NO Pets Allowed.

  • June, 2014

  • Jun 27, 2014

    Date

    Sold (Public Records)

    Public Records

    $840,000

    Price

Show More

Tax History for 2561 E Terrace St

Assessed Value (2020): $941,548
Year Land Value Improved Value Assessed Value
2020 $750,933 $190,615 $941,548

Home Value Compared to the Market

This property vs the competition

2561 E Terrace St sold on May 5, 2021 for 47.73% 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 $280.54 per/sqft which puts the price per square foot 48.24% lower than the current median sale per square foot for the city of Anaheim.

About 2561 E Terrace St

Detailed summary of property

2561 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 8,133 square foot lot. 2561 E Terrace St was first listed on ArdentRealEstateGroup.com on March 18, 2021. The homeowner sold the property for $1,300,000. 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 47.73% higher than the current median priced home. Local homes that are currently for sale include 2158 W Brownwood Ave, 1600 Picadilly Way and 8860 Tina Way. While the average home in Anaheim, CA is selling in 40 days, 2561 E Terrace St has a days on market of 4 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 2561 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 2561 E Terrace St

Public county record property details
Beds
--
Baths
--
Year built
1969
Sq. Ft.
4,634
Lot Size
8,133
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
14
APN
344-022-09

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
$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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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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