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401 S Magnolia Ave, Anaheim, CA 92804
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401 S Magnolia Ave Anaheim, CA 92804

$150,000 Sold Price as of 06/01/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$150,000 Sold Price as of 06/01/2022 Refinance Your Mortgage
Map preview of 401 S Magnolia Ave, Anaheim, CA 92804

Property Overview: 401 S Magnolia Ave Anaheim, CA has -- bedrooms, -- bathrooms, -- living square feet and 10,298 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own this restaurant located in very good location of Anaheim. Good cash flow business. Well stablished with plenty of clientele and locals visiting regularly! Averaging $55,000 GOI per month, Open 6 days a week from 11:00 am to 9:00 pm. The Restaurant occupied 1500 sqft and was completely renovated & Redecorated two year ago. Most equipment are only 2 years old. Corner on busy main street --Parking in rare with exit point --Easy access to 5 Fwy & 91 Hwy.Close to Disneyland and Knotts Berry Farm.

Listed by JIN XU | BRE #01305803 | HUNTINGTON REALTY GROUP CO.
Last checked: 8 minutes ago | Last updated: June 6th, 2022 | Source CRMLS | DOM: 229

Home details

Lot Sq. Ft
10,298
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Business
Status
Sold
MLS#
WS21174353
City
Anaheim
County
Orange
Time on Site
997 days

Property Details for 401 S Magnolia Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 12604115
Location / Neighborhood
Location Information
  • Directions: Magnolia Ave, between Broadway and Orange
View more facts & features

Local Anaheim Agent

Sale History for 401 S Magnolia Ave

Last sold for $1,400,000 on June 1st, 2022

  • August, 2021

  • Aug 8, 2021

    Date

    Active

    CRMLS: WS21174353

    $258,000

    Price

  • August, 2021

  • Aug 8, 2021

    Date

    Active

    CRMLS: WS21171788

    $1,798,000

    Price

  • Listing provided courtesy of CRMLS

    PRIME INVESTMENT OPPORTUNITY RIGHT IN THE HEART OF ANAHEIM TOWN CENTER. Fully leased 4 Tenants retail center -- 4 retail spaces total. Fully Leased. --Very stable monthly rental income is $9750. The Restaurant occupied 1500 sqft and was completely renovated & Redecorated two year ago. 3 additional tenants at 515sqf each. --20,000-30,000 car traffic daily --Zone General Commercial (C-G) --Hard Corner on busy main street --Parking in rare with exit point --Easy access to 5 Fwy & 91 Hwy --Near to Disneyland & Knott's Berry Farm --16 Parking in rare and free street Parking .Buyer and Buyer agent to verify all information concerning the property. Thank you.

  • March, 2019

  • Mar 31, 2019

    Date

    Sold

    CRMLS: OC19005628

    $1,180,000

    Price

  • Feb 14, 2019

    Date

    Active Under Contract

    CRMLS: OC19005628

    $1,220,000

    Price

  • Feb 2, 2019

    Date

    Price Change

    CRMLS: OC19005628

    $1,220,000

    Price

  • Feb 1, 2019

    Date

    Price Change

    CRMLS: OC19005628

    $1,250,000

    Price

  • Jan 18, 2019

    Date

    Price Change

    CRMLS: OC19005628

    $1,230,000

    Price

  • Jan 17, 2019

    Date

    Price Change

    CRMLS: OC19005628

    $1,450,000

    Price

  • Jan 17, 2019

    Date

    Price Change

    CRMLS: OC19005628

    $1,380,000

    Price

  • Jan 8, 2019

    Date

    Active

    CRMLS: OC19005628

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Very motivated seller. fully leased 4 Tenants retail center -- 4 retail spaces total. Fully Leased. Restaurant occupied 1500 sqft. 3 additional tenants at 525sqf each. --20,000-30,000 car traffic daily --Zone General Commercial (C-G) --Hard Corner on busy main street --Parking in rare with exit point --Easy access to 5 Fwy & 91 Hwy --16 Parking in rare and free street Parking Actual building size is 3070 sqf. Accessor's Office building size info is INCORRECT. Buyers perform their own due diligence.

  • March, 2019

  • Mar 21, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,180,000

    Price

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: OC18246249

    $1,480,000

    Price

  • Dec 14, 2018

    Date

    Price Change

    CRMLS: OC18246249

    $1,480,000

    Price

  • Nov 14, 2018

    Date

    Price Change

    CRMLS: OC18246249

    $1,270,000

    Price

  • Oct 10, 2018

    Date

    Active

    CRMLS: OC18246249

    $1,290,000

    Price

  • Listing provided courtesy of CRMLS

    Be an Owner/Operator/Landlord-- 3 tenants to bring in rental income. What is included in the Sale: Restaurant + Real Estate Retail Center I. Multi Tenants retail center -- 4 retail spaces total. Fully Leased. Restaurant occupied 1500 sqft. 3 additional tenants to bring in rental income. --20,000-30,000 car traffic daily --Zone General Commercial (C-G) --Hard Corner on busy main street --Parking in rare with exit point --Easy access to 5 Fwy & 91 Hwy --16 Parking in rare and free street Parking II. The restaurant -- Bring your own concept and it's like turn key. --An established and profitable fast casual restaurant at end-cap retail center facing major avenue. Car traffic is 20000-30000 daily. --The restaurant has tremendous good wills. It is popular with the locals and frequent by, teachers, police and fire fighters. -- Equipment and build out: 15' Hood, 2 Three-Compartment Sinks, 1 Prep Sink, 3 Hand Sinks, Walk in fridge, High Efficiency AC installed in 2016, Fire system over hood, Speaker system, remote Surveillance system (inside and out), ADA compliant guest bathroom, Separate employee bathroom, Large prep area plus more front of the house equipment. Owner is semi-absentee since he also runs a second restaurant. New owner cash flow can be even higher if it's family run. Actual building size is 3070 sqf. Accessor's Office building size info is INCORRECT. Buyers perform their own due diligence.

  • November, 2015

  • Nov 6, 2015

    Date

    Sold (Public Records)

    Public Records

    $883,000

    Price

Show More

Tax History for 401 S Magnolia Ave

Assessed Value (2020): $929,589
Year Land Value Improved Value Assessed Value
2020 $669,304 $260,285 $929,589

Home Value Compared to the Market

This property vs the competition

401 S Magnolia Ave sold on June 1, 2022 for 79.55% lower than the current median sold price for the city of Anaheim which is $880,000.

About 401 S Magnolia Ave

Detailed summary of property

401 S Magnolia Ave is a business that recently sold in Anaheim, CA 92804. This business offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 10,298 square foot lot. 401 S Magnolia Ave was first listed on ArdentRealEstateGroup.com on August 8, 2021. The homeowner sold the property for $150,000. 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 79.55% lower than the current median priced home. Local homes that are currently for sale include 20110 Pioneer Blvd #AB, 16109 Norwalk Blvd and 6815 Warner Ave. While the average home in Anaheim, CA is selling in 44 days, 401 S Magnolia Ave has a days on market of 229 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 401 S Magnolia Ave Anaheim, CA 92804 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 401 S Magnolia Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
10,297
Stories
1
Type
Community: Shopping Plaza, Shopping Center, Mini-Mall
Pool
No
Spa
No
County
Orange
Lot#
30
APN
126-041-15

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
$875,500
Median Sold Price/Sq.Ft.
$536
Total Inventory
59
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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Call, Text or Message
(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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