320 W Guinida Ln, Anaheim, CA 92805
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320 W Guinida Ln Anaheim, CA 92805

$4,200,000 Sold Price as of 09/22/2023
  • 16 Beds
  • 16 Baths
  • 11,200 Sq.Ft.
Sold
$4,200,000 Sold Price as of 09/22/2023 Refinance Your Mortgage

Map preview of 320 W Guinida Ln, Anaheim, CA 92805

Property Overview: 320 W Guinida Ln Anaheim, CA has 16 bedrooms, 16 bathrooms, 11,200 living square feet and 15,681 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 320-404 W Guinida Lane are 16 Turn-Key units located in Anaheim, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment with immense building and curb appeal next to Disneyland Park, California Adventure Park, ARTIC Train Station, Orange Grove Elementary, West Coast University, Angel’s Stadium, Honda Center, and a Walmart Shopping Center. Built in 1957, the property had a major interior and exterior renovation in 2022-2023. The property is a two-story garden-style walk-up. There are two laundry rooms, of which one is being used for laundry and the other is owner storage. There is a central courtyard for tenants to enjoy. Each unit is separately metered for electricity, tenants pay for trash, and the owner pays for water. Each of the 16 one-bedroom one-bathroom units have had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, and new paint. The exterior also had a recent significant renovation completed, including new stucco and paint, new courtyard concrete and BBQ area, new landscaping, newly paved parking lot, some new fencing and paint, and new wall air conditioning. The property has no tuck under parking. These 16 units are conveniently located less than 1,000 feet from Disneyland Resort, Disney California Adventure Park, Anaheim Marketplace, Orange Grove Elementary School, Paul Revere Elementary School and Park, and Interstate 5 Freeway. The property is less than a mile from many major retail centers and employment opportunities.

Listed by Mark Bridge | BRE #01316702 | Mark Bridge, Broker
Last checked: 15 minutes ago | Last updated: September 25th, 2023 | Source CRMLS | DOM: 145

Home details

Lot Sq. Ft
15,681
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
OC23055998
City
Anaheim
County
Orange
Time on Site
385 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 2
  • # of Leased Units: 16
  • # of Electric Meters: 17
  • # of Gas Meters: 16
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $28,780
  • Pro Forma/Market Rent: $1,895
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.45%
  • Gross Rent Multiplier: 12.47
  • Gross Scheduled Income: $345,360
  • Net Operating Income: $237,052
  • Gross Operating Income: $338,599
  • Vacancy Allowance: $10,361
  • Gross Spendable Income: $236,502
  • Laundry Income: $3,600
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $101,547
  • Electric: $1,200
  • Gas/Fuel: $4,995
  • New Taxes: $47,850
  • Trash: $0
  • Gardener: $2,400
  • Insurance: $3,670
  • Maintenance: $8,000
  • Professional Management: $13,814
  • Water/Sewer: $6,181
  • Other Expenses: $12,877
  • Other Expense Description: Other Ex

Property Details for 320 W Guinida Ln

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Gas Range, Range Hood, Water Heater Central
Interior Features
  • Quartz Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • New Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 16-20 Units/Acre, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 16
  • Parcel Number: 08241217
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Anaheim Resort
  • Directions: Off the 5 Freeway take S Palm St, then a right onto W Guinida Ln. Property will be on your right
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Storm Drains, Street Lights, Suburban
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Sale History for 320 W Guinida Ln

Last sold for $4,200,000 on September 22nd, 2023
  • September, 2023

  • Sep 22, 2023

    Date

    Sold

    CRMLS: OC23055998

    $4,200,000

    Price

  • Apr 13, 2023

    Date

    Active

    CRMLS: OC23055998

    $4,450,000

    Price

  • November, 1996

  • Nov 21, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 320 W Guinida Ln

Assessed Value (2020): $536,995
Year Land Value Improved Value Assessed Value
2020 $198,688 $338,307 $536,995

Home Value Compared to the Market

This property vs the competition

320 W Guinida Ln sold on September 22, 2023 for 394.32% 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 $388.39 per/sqft which puts the price per square foot 28.34% lower than the current median sale per square foot for the city of Anaheim.

About 320 W Guinida Ln

Detailed summary of property

320 W Guinida Ln is a apartment that recently sold in Anaheim, CA 92805. This apartment offered 16 bedrooms, 16 bathrooms, roughly 11,200 living square feet, and sits on an approximately 15,681 square foot lot. 320 W Guinida Ln was first listed on ArdentRealEstateGroup.com on April 14, 2023. The homeowner sold the property for $4,200,000. 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 394.32% higher than the current median priced home. Local homes that are currently for sale include 213 41st St, 410 Clubhouse Ave and 13704 Franklin St. While the average home in Anaheim, CA is selling in 44 days, 320 W Guinida Ln has a days on market of 145 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 320 W Guinida Ln Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 320 W Guinida Ln

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
8,517
Lot Size
15,689
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
12
APN
082-412-17

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%)

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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.