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302 W Palais Rd, Anaheim, CA 92805
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302 W Palais Rd Anaheim, CA 92805

$1,525,000 Sold Price as of 11/08/2021
  • 8 Beds
  • 4 Baths
  • 3,720 Sq.Ft.
Sold
$1,525,000 Sold Price as of 11/08/2021 Refinance Your Mortgage
Map preview of 302 W Palais Rd, Anaheim, CA 92805

Property Overview: 302 W Palais Rd Anaheim, CA has 8 bedrooms, 4 bathrooms, 3,720 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: New Rental Income $100,200 Every Year 4 Plex Income Property in Prime Location Close to Disneyland. Ideal for 1031 Exchange. Great Potential to Raise the Property Value & Current Monthly Income $8,350 Immediately with Room to Build One or Two More Units to Existing 4 Unit Complex. Great Investment in the Rising Real Estate Market in the Heart of Orange County. Property Values Keep Rising Year after Year, With Guaranteed Rental Income Month after Month. Great Neighborhood Easy to Rent, Clean & Nice Complex in Great Condition. Each Tenant has Assigned Covered Parking Garage & Open Parking Space within the Complex. Owner has One Parking Garage. Common Coin Laundry Room with Washer & Dryer Available 24 Hours to Tenants. No HOA. No Drive By. No Waiting to See. Very Low Maintenance Cost. Very Easy to Manage with On Site Manager at Minimum Cost. Please Call the Listing Agent J. Rex Perera to See The Building Today.

Listed by J. Rex Perera | BRE #01882529 | California Century
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1962
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21118178
City
Anaheim
County
Orange
Time on Site
1065 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $100,200
  • Net Operating Income: $90,641
  • Gross Operating Income: --
  • Laundry Income: $1,500
Annual Expense Breakdown
  • Total Operating Expense: $9,559
  • Electric: $1,949
  • Gas/Fuel: $1,435
  • New Taxes: $8,880
  • Trash: $724
  • Gardener: $660
  • Insurance: $1,401
  • Maintenance: $300
  • Professional Management: $2,664
  • Water/Sewer: $0

Virtual Tour

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Property Details for 302 W Palais Rd

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Community, Dryer Included, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 10
  • Parking Features: Assigned, Covered, Garage, Garage Faces Side, Garage - Single Door, Parking Space, Street
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: 08241303
  • Year Built Source: Other
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Very Close to 5 Freeway Anaheim Blvd. Exit 57 to Ball Rd to South Anaheim Blvd to Midway.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Anaheim Agent

Sale History for 302 W Palais Rd

Last sold for $1,525,000 on November 8th, 2021

  • November, 2021

  • Nov 9, 2021

    Date

    Sold

    CRMLS: PW21118178

    $1,525,000

    Price

  • Jul 16, 2021

    Date

    Hold

    CRMLS: PW21118178

    $1,470,000

    Price

  • Jul 13, 2021

    Date

    Active

    CRMLS: PW21118178

    $1,470,000

    Price

  • Jul 6, 2021

    Date

    Pending

    CRMLS: PW21118178

    $1,470,000

    Price

  • Jul 3, 2021

    Date

    Hold

    CRMLS: PW21118178

    $1,470,000

    Price

  • Jul 2, 2021

    Date

    Active

    CRMLS: PW21118178

    $1,470,000

    Price

  • Jul 2, 2021

    Date

    Hold

    CRMLS: PW21118178

    $1,470,000

    Price

  • Jun 17, 2021

    Date

    Price Change

    CRMLS: PW21118178

    $1,470,000

    Price

  • Jun 10, 2021

    Date

    Active

    CRMLS: PW21118178

    $1,390,000

    Price

  • Jun 3, 2021

    Date

    Coming Soon

    CRMLS: PW21118178

    $1,390,000

    Price

  • October, 2021

  • Oct 19, 2021

    Date

    Withdrawn

    CRMLS: PW21206494

    $2,100

    Price

  • Sep 18, 2021

    Date

    Active

    CRMLS: PW21206494

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Centrally Located Close to Disneyland and Freeway 5. Clean & Safe Complex. Each Unit has 2 Bedrooms One Full Bath with a Large Living Room. Tenant has Assigned Covered Parking Garage and One Open Space Parking for total Two Cars. Common Coin Laundry Room with a Washer and Dryer Available for Tenants 24 Hours. Remodeled Kitchen with New Cabinets. Ready to Move-In, Available for Rent for Immediate Occupancy.

  • September, 2010

  • Sep 20, 2010

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

  • April, 2010

  • Apr 8, 2010

    Date

    Sold (Public Records)

    Public Records

    $656,354

    Price

Show More

Tax History for 302 W Palais Rd

Assessed Value (2020): $667,841
Year Land Value Improved Value Assessed Value
2020 $547,630 $120,211 $667,841

Home Value Compared to the Market

This property vs the competition

302 W Palais Rd sold on November 8, 2021 for 73.3% 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 $409.95 per/sqft which puts the price per square foot 24.36% lower than the current median sale per square foot for the city of Anaheim.

About 302 W Palais Rd

Detailed summary of property

302 W Palais Rd is a multi family that recently sold in Anaheim, CA 92805. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,720 living square feet, and sits on an approximately 7,841 square foot lot. 302 W Palais Rd was first listed on ArdentRealEstateGroup.com on June 3, 2021. The homeowner sold the property for $1,525,000. 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 73.3% higher than the current median priced home. Local homes that are currently for sale include 8860 Tina Way, 705 E Walnut Ave and 16591 E Buena Vista Ave. While the average home in Anaheim, CA is selling in 44 days, 302 W Palais Rd has a days on market of 26 days. There are currently 220 homes for sale in the Anaheim real estate market and 133 of them are single family homes while 62 of them are condos and 25 are townhomes. For more information on this home for sale at 302 W Palais Rd Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 302 W Palais Rd

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
3,720
Lot Size
7,809
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
28
APN
082-413-03

The source for these homes facts are from public records.

92805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$829,275
Median List Price/Sq.Ft.
$558
Median Sold Price
$895,000
Median Sold Price/Sq.Ft.
$540
Total Inventory
54
Median Sale to List Price %
102.99%
Avg Days on Market
21
Loan Type
Conventional (52%), FHA (4%), VA (4%), Cash (16%), Other (24%)

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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