3504 W Mungall Dr, Anaheim, CA 92804
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3504 W Mungall Dr Anaheim, CA 92804

$1,500,000 Sold Price as of 11/13/2023
  • 8 Beds
  • 5 Baths
  • 3,710 Sq.Ft.
Sold
$1,500,000 Sold Price as of 11/13/2023 Refinance Your Mortgage

Map preview of 3504 W Mungall Dr, Anaheim, CA 92804

Property Overview: 3504 W Mungall Dr Anaheim, CA has 8 bedrooms, 5 bathrooms, 3,710 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this remarkable investment opportunity in the heart of Anaheim, California. Situated in a quiet and desirable neighborhood, this multi-family property offers a unique chance to own a versatile and income-generating real estate asset. With a total of 8 bedrooms and 5 bathrooms spread across 3,709 square feet of living space, this property is ideal for multi-generational living, generating rental income, or both. The property also offers private outdoor space and off-street parking, ensuring comfort and convenience. Its prime location provides easy access to shopping, dining, entertainment, and major freeways, making it convenient for residents and renters alike. Don't miss out on this rare opportunity; whether you're an investor or a homeowner seeking additional space, 3504 West Mungall Drive is the canvas for your real estate goals. Schedule a viewing today to explore its endless potential in the thriving Anaheim real estate market.

Listed by Gina Iriarte | BRE #02111499 | Seven Gables Real Estate
Last checked: 6 minutes ago | Last updated: November 18th, 2023 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1961
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23166549
City
Anaheim
County
Orange
Time on Site
233 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: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $2,100
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,653
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,795
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,436
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.33%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $83,819
  • Net Operating Income: $65,034
  • Gross Operating Income: $72,110
  • Vacancy Allowance: $2,451
  • Laundry Income: $900
  • Laundry Own/Lease: Lease
  • Improvements Total: $30,000
Annual Expense Breakdown
  • Total Operating Expense: $17,645
  • Electric: $692
  • Gas/Fuel: $2,160
  • Trash: $2,522
  • Gardener: $1,200
  • Insurance: $1,500
  • Maintenance: $2,884
  • Workman's Comp: $398
  • Professional Management: $5,658
  • Water/Sewer: $4,244

Property Details for 3504 W Mungall Dr

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community
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
  • Has Parking
  • Parking Features: Garage Faces Rear
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 13446127
  • Year Built Source: Public Records
  • Entry Level: 1
  • 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
Location / Neighborhood
Location Information
  • Directions: Off Knott and West Mungall Dr.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Anaheim Agent

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Sale History for 3504 W Mungall Dr

Last sold for $1,500,000 on November 13th, 2023
  • November, 2023

  • Nov 13, 2023

    Date

    Sold

    CRMLS: PW23166549

    $1,500,000

    Price

  • Sep 19, 2023

    Date

    Active

    CRMLS: PW23166549

    $1,500,000

    Price

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: PW22187520

    $1,600,000

    Price

  • Aug 25, 2022

    Date

    Active

    CRMLS: PW22187520

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    The Mungall Drive 4-plex apartments present an excellent investment opportunity for owner occupant or investor. The structure is 3,710 square feet and sits atop a large 9,500 square foot corner lot. The units are single story construction and all four apartments are two bedrooms; (1) 2 bed 1.5 bath and (3) 2 bed 1 bath. Tenants enjoy enclosed patios, a large balcony (upstairs unit), an onsite laundry facility, and enclosed garage parking. Monthly ownership costs are low as the units are separately metered for gas and electric. The subject property is located on a quiet cul-de-sac street off Knott Avenue, just a few blocks from Cypress College along with numerous shopping and entertainment venues. GSI, cap rate and GRM figures are based on proforma rents which are representative of the rental amounts after the allowable rental increases are issued.

  • December, 1996

  • Dec 26, 1996

    Date

    Sold (Public Records)

    Public Records

    $188,000

    Price

  • May, 1996

  • May 21, 1996

    Date

    Sold (Public Records)

    Public Records

    $185,432

    Price

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Tax History for 3504 W Mungall Dr

Assessed Value (2020): $272,710
Year Land Value Improved Value Assessed Value
2020 $130,901 $141,809 $272,710

Home Value Compared to the Market

This property vs the competition

3504 W Mungall Dr sold on November 13, 2023 for 70.45% 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 $404.31 per/sqft which puts the price per square foot 25.4% lower than the current median sale per square foot for the city of Anaheim.

About 3504 W Mungall Dr

Detailed summary of property

3504 W Mungall Dr is a fourplex that recently sold in Anaheim, CA 92804. This fourplex offered 8 bedrooms, 5 bathrooms, roughly 3,710 living square feet, and sits on an approximately 8,276 square foot lot. 3504 W Mungall Dr was first listed on ArdentRealEstateGroup.com on September 17, 2023. The homeowner sold the property for $1,500,000. 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 70.45% higher than the current median priced home. Local homes that are currently for sale include 938 S Gilbuck Dr, 7020 Schroll St and 728 W Romneya Dr. While the average home in Anaheim, CA is selling in 43 days, 3504 W Mungall Dr has a days on market of 19 days. There are currently 232 homes for sale in the Anaheim real estate market and 139 of them are single family homes while 66 of them are condos and 27 are townhomes. For more information on this home for sale at 3504 W Mungall 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 3504 W Mungall Dr

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
3,710
Lot Size
8,768
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
16
APN
134-461-27

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
$875,000
Median List Price/Sq.Ft.
$559
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$545
Total Inventory
62
Median Sale to List Price %
100.11%
Avg Days on Market
30
Loan Type
Conventional (60%), FHA (4%), VA (0%), Cash (24%), Other (8%)

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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.