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3216 W Cabot Dr, Anaheim, CA 92804
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3216 W Cabot Dr Anaheim, CA 92804

$1,270,000 Sold Price as of 07/31/2020
  • 10 Beds
  • 8 Baths
  • 4,587 Sq.Ft.
Sold
$1,270,000 Sold Price as of 07/31/2020 Refinance Your Mortgage
Map preview of 3216 W Cabot Dr, Anaheim, CA 92804

Property Overview: 3216 W Cabot Dr Anaheim, CA has 10 bedrooms, 8 bathrooms, 4,587 living square feet and 8,386 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: West Anaheim/Cypress-adjacent fourplex with (2) large, three-bedroom units two-bathroom units, and (2) two-bedroom, two-bathroom units. This property has 4,587 square feet according to the assessor with unit interiors averaging 1,147 square feet. There are five enclosed garages and one open space. All units are very spacious and have excellent floorplans. The three units located downstairs have sizable enclosed patios and the three-bedroom unit fronting the street includes a fireplace. The upstairs three-bedroom unit above the garages has a front porch/landing. This unit features v-plank “wood-style” flooring throughout and has a spacious floorplan. There are windows throughout the unit affording natural light and airflow. All units have forced air heat. Current rents are only approximately 5% below market with all residents up to date in rental payments. Unit three will have a rental increase to $1,880. Priced to sell at $279/SF compared to the six sales comparables and on-market comparables which average $324/SF. The cap rate at current rents is 4.81% and market cap rate is 5.17%. This is a great yield play in today’s market with stable occupancy. The tenant in the front three-bedroom unit has resided at the property for 19 years. Submit Offers!

Listed by Steven Brombal | BRE #00972129 | Kidder Mathews of California, Inc
Last checked: 9 minutes ago | Last updated: June 13th, 2023 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
8,386
HOA Dues
$0/mo
Year built
1964
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20115865
City
Anaheim
County
Orange
Time on Site
1393 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: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,980
  • Total Rent: $1,980
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,880
  • Total Rent: $3,760
  • Pro Forma/Market Rent: $1,925
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,015
  • Total Rent: $2,015
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $93,060
  • Net Operating Income: $61,538
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $29,451
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $14,261
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 3216 W Cabot Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
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: Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 13530122
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: none
  • Directions: Lincoln & Western
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

Local Anaheim Agent

Sale History for 3216 W Cabot Dr

Last leased for $2,500 on May 31st, 2023

  • May, 2023

  • May 31, 2023

    Date

    Leased

    CRMLS: MB23083045

    $2,500

    Price

  • May 13, 2023

    Date

    Active

    CRMLS: MB23083045

    $2,650

    Price

  • Listing provided courtesy of CRMLS

    Recently remodeled 2 bed 2 bath unit located on the first floor and includes a 1 car garage. This unit is commuter's dream-come-true conveniently located near the 5 and 91 freeways. Near shopping, dinning, schools and Minutes from Knott's berry farm Disneyland and other attractions.

  • March, 2022

  • Mar 29, 2022

    Date

    Leased

    CRMLS: MB22052994

    $2,950

    Price

  • Mar 17, 2022

    Date

    Active

    CRMLS: MB22052994

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled 3 bed 2 bath unit located on the second floor and includes a 1 car garage. This unit is conveniently located near shopping, dinning, schools and fwys. Minutes from Knotts berry farm and other attractions.

  • November, 2020

  • Nov 1, 2020

    Date

    Expired

    CRMLS: MB20182282

    $2,000

    Price

  • Oct 6, 2020

    Date

    Pending

    CRMLS: MB20182282

    $2,000

    Price

  • Sep 21, 2020

    Date

    Price Change

    CRMLS: MB20182282

    $2,000

    Price

  • Sep 17, 2020

    Date

    Active

    CRMLS: MB20182282

    $2,100

    Price

  • Sep 17, 2020

    Date

    Price Change

    CRMLS: MB20182282

    $2,100

    Price

  • Sep 12, 2020

    Date

    Hold

    CRMLS: MB20182282

    $2,000

    Price

  • Sep 7, 2020

    Date

    Price Change

    CRMLS: MB20182282

    $2,000

    Price

  • Sep 3, 2020

    Date

    Active

    CRMLS: MB20182282

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled 2 bed 2 bath unit located on the first floor and includes a 1 car garage. This unit is conveniently located near shopping, dinning, schools and fwys. Minutes from Knotts berry farm and other attractions.

  • August, 2020

  • Aug 3, 2020

    Date

    Sold

    CRMLS: OC20115865

    $1,270,000

    Price

  • Jul 14, 2020

    Date

    Pending

    CRMLS: OC20115865

    $1,279,000

    Price

  • Jun 25, 2020

    Date

    Active Under Contract

    CRMLS: OC20115865

    $1,279,000

    Price

  • Jun 16, 2020

    Date

    Active

    CRMLS: OC20115865

    $1,279,000

    Price

  • February, 2004

  • Feb 18, 2004

    Date

    Sold (Public Records)

    Public Records

    $679,000

    Price

Show More

Tax History for 3216 W Cabot Dr

Assessed Value (2020): $823,212
Year Land Value Improved Value Assessed Value
2020 $642,105 $181,107 $823,212

Home Value Compared to the Market

This property vs the competition

3216 W Cabot Dr sold on July 31, 2020 for 48.72% higher than the current median sold price for the city of Anaheim which is $860,000. The median sold price per/sqft for Anaheim is $536 and this home is sold at $278.83 per/sqft which puts the price per square foot 47.98% lower than the current median sale per square foot for the city of Anaheim.

About 3216 W Cabot Dr

Detailed summary of property

3216 W Cabot Dr is a multi family that recently sold in Anaheim, CA 92804. This multi family property offered 10 bedrooms, 8 bathrooms, roughly 4,587 living square feet, and sits on an approximately 8,386 square foot lot. 3216 W Cabot Dr was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $1,270,000. Home in Anaheim are selling for a median price of $860,000 and a median price per square foot of $536. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 48.72% higher than the current median priced home. Local homes that are currently for sale include 12102 Colima Rd, 825 S Claudina St and 7020 Schroll St. While the average home in Anaheim, CA is selling in 42 days, 3216 W Cabot Dr has a days on market of 9 days. There are currently 235 homes for sale in the Anaheim real estate market and 138 of them are single family homes while 67 of them are condos and 30 are townhomes. For more information on this home for sale at 3216 W Cabot Dr Anaheim, CA 92804 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 3216 W Cabot Dr

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,587
Lot Size
8,386
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
135-301-22

The source for these homes facts are from public records.

92804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$855,000
Median List Price/Sq.Ft.
$536
Median Sold Price
$875,500
Median Sold Price/Sq.Ft.
$536
Total Inventory
58
Median Sale to List Price %
103%
Avg Days on Market
13
Loan Type
Conventional (63.64%), FHA (0%), VA (4.55%), Cash (22.73%), Other (9.09%)

Thinking of Selling?

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Recently Sold Homes Near 3216 W Cabot Dr

3203 W Cabot Dr, Anaheim, CA 92804
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3203 W Cabot Dr
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3202 W Cabot Dr, Anaheim, CA 92804
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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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