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3509 W Del Monte Dr, Anaheim, CA 92804
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3509 W Del Monte Dr Anaheim, CA 92804

$3,050,000
  • 16 Beds
  • 11 Baths
  • 8,317 Sq.Ft.
For Sale
$3,050,000 Get Pre-Qualified
Map preview of 3509 W Del Monte Dr, Anaheim, CA 92804

Property Overview: 3509 W Del Monte Dr Anaheim, CA has 16 bedrooms, 11 bathrooms, 8,317 living square feet and 12,196 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 3509 West Del Monte Drive is an 8-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting of 1, one-bedroom unit, 6, two-bedroom units, and 1, three-bedroom unit. Amenities at 3509 West Del Monte Drive include gated pedestrian access that leads to a central courtyard, private patios or balconies, ample garage parking, and an on-site laundry facility. 3509 West Del Monte Drive is located within walking distance of Cypress College, a public community college that boasts an annual enrollment of approximately 16,000 students and employs approximately 900 faculty and staff. As Cypress College does not offer campus housing, the property has the unique opportunity to attract students looking for easy access to campus. The property also benefits from its close proximity to Knott’s Berry Farm, one of Orange County’s top attractions and employers. Furthermore, the property is located within 2 miles from Buena Park Downtown, an enclosed shopping mall that offers over 925,000 square feet of retail space.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 7 minutes ago | Last updated: March 19th, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
12,196
HOA Dues
$0/mo
Year built
1964
Garage
10 Car
Property Type:
Apartment
Status
Active
MLS#
OC24050250
City
Anaheim
County
Orange
Time on Site
51 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,629
  • Total Rent: $1,629
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 7
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,650
  • Total Rent: $4,650
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $8,566
  • Total Rent: $8,566
  • Pro Forma/Market Rent: $10,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.93%
  • Gross Rent Multiplier: 13.85
  • Gross Scheduled Income: $220,140
  • Net Operating Income: $150,268
  • Gross Operating Income: $213,536
  • Vacancy Allowance: $6,604
Annual Expense Breakdown
  • Total Operating Expense: $63,268
  • Electric: $2,600
  • Gas/Fuel: $2,600
  • New Taxes: $33,612
  • Trash: $2,600
  • Insurance: $4,800
  • Maintenance: $5,600
  • Professional Management: $0
  • Water/Sewer: $2,600
  • Other Expenses: $8,856
  • Other Expense Description: Misc

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Property Details for 3509 W Del Monte Dr

Interior Features
Heating Information
  • Has Heating
  • Forced Air
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: 10
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 13407265
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets of West Del Monte Drive & South Knott Avenue
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Anaheim Agent

Sale History for 3509 W Del Monte Dr

Last sold for $1,975,000 on April 14th, 2017

  • March, 2024

  • Mar 12, 2024

    Date

    Active

    CRMLS: OC24050250

    $3,050,000

    Price

  • April, 2017

  • Apr 14, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,975,000

    Price

  • April, 1999

  • Apr 7, 1999

    Date

    Sold (Public Records)

    Public Records

    $549,000

    Price

Show More

Tax History for 3509 W Del Monte Dr

Assessed Value (2020): $2,042,568
Year Land Value Improved Value Assessed Value
2020 $1,797,460 $245,108 $2,042,568

Home Value Compared to the Market

This property vs the competition

3509 W Del Monte Dr is listed 254.65% higher than the median list price for the city of Anaheim which has a median list price of $860,000. The median price per/sqft for Anaheim is $559 and this home is listed at $366.72 per/sqft which puts the price per square foot 34.4% lower than the median price per square foot for the city of Anaheim.

About 3509 W Del Monte Dr

Detailed summary of property

3509 W Del Monte Dr is a apartment located in Anaheim, CA 92804 and is currently for sale. This apartment offers 16 bedrooms, 11 bathrooms, roughly 8,317 living square feet, and sits on an approximately 12,196 square foot lot. 3509 W Del Monte Dr was first listed on ArdentRealEstateGroup.com on March 12, 2024. The homeowner is currently asking $3,050,000. The median priced home in Anaheim is $860,000 with a median price per square foot of $559. Based on Ardent Real Estate Group's Anaheim Market Data, this home is listed 254.65% higher than the median priced home. Local competing homes currently for sale include 200 E Wakefield Ave, 2250 Kenrich Court and 16861 Green Ln. While the average home in Anaheim, CA is selling in 44 days, 3509 W Del Monte Dr has a days on market of 42 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 3509 W Del Monte 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 3509 W Del Monte Dr

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
8,317
Lot Size
12,559
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
2
APN
134-072-65

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
$860,000
Median List Price/Sq.Ft.
$558
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$545
Total Inventory
59
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.

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