524 E Adele St, Anaheim, CA 92805
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524 E Adele St Anaheim, CA 92805

$1,100,000 Sold Price as of 09/16/2022
  • 5 Beds
  • 3 Baths
  • 1,814 Sq.Ft.
Sold
$1,100,000 Sold Price as of 09/16/2022 Refinance Your Mortgage

Map preview of 524 E Adele St, Anaheim, CA 92805

Property Overview: 524 E Adele St Anaheim, CA has 5 bedrooms, 3 bathrooms, 1,814 living square feet and 5,676 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT OPPORTUNITY Near Downtown Anaheim!! This stunning/remodeled single-level Duplex offers huge income potential!! Sitting on a Large corner lot, the main home features 3 bedrooms, 2 fully remodeled bathrooms, high ceilings, new paint, recessed lights, new flooring, new closets, oversize baseboards, new custom outlets/switches, new wiring throughout the home, new ducting & HVAC system, completely remodeled kitchen with Italian Calacatta countertops, Spanish 3D hexagon tile backsplash, stainless steel appliances, new modern shaker cabinets, oversized kitchen sink, LED lights & much more. The back unit features 2 bedrooms, 1 fully remodeled bathroom, new floors, lighting, double pane windows, new kitchen cabinets, stainless steel appliances, etc. Exterior Renovations Include: New Roof/Stucco repairs, new concrete driveway, landscaping, custom paint, new tankless water heater, new contemporary metal gates, new fence, double pane windows, LED lights, New 200 Amp electric panel, etc. Centrally located near Downtown Anaheim within walking distance to the Anaheim Packing District, farmer's market, parks, restaurants, and just a few miles from Disneyland, Convention center, Honda Center, Angels Stadium with easy access to freeways. This would be a great investment for a family looking to house-hack (live in one & rent the other) a large family, or investors looking to expand their portfolio in a prime rental area!!. This is a MUST SEE!

Listed by Mauricio Roque | BRE #01938342 | eXp Realty of California Inc
Co-listed by Jamie Kim | BRE #01823039 | Lifetime Realty Inc
Last checked: 11 minutes ago | Last updated: October 2nd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
5,676
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW22165106
City
Anaheim
County
Orange
Time on Site
643 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,950
  • Total Rent: $3,950
  • Pro Forma/Market Rent: $3,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,290
  • Total Rent: $2,290
  • Pro Forma/Market Rent: $2,290
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.23%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $74,880
  • Net Operating Income: $60,197
  • Gross Operating Income: $73,397
  • Vacancy Allowance: $1,483
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $13,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

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Property Details for 524 E Adele St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Kitchen, Living Room, Master Suite
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Range Hood, Tankless Water Heater, Trash Compactor
Interior Features
  • Crown Molding, Granite Counters, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Excellent Condition, Vinyl, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Off Street
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard, Landscaped, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 03517508
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: NA
  • Directions: From 5 fwy exit Lincoln E, left on Olive, right on Adele
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Anaheim Agent

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Sale History for 524 E Adele St

Last leased for $2,300 on October 1st, 2022
  • October, 2022

  • Oct 1, 2022

    Date

    Leased

    CRMLS: OC22204714

    $2,300

    Price

  • Sep 22, 2022

    Date

    Active

    CRMLS: OC22204714

    $2,450

    Price

  • Listing provided courtesy of CRMLS

    This fully remodeled 2 bedroom, 1 bathroom one-story apartment is located in Anaheim’s historic Colony district, in a charming and quiet neighborhood. Upgrades include central a/c, double-pane windows, and a new washer and dryer. The kitchen features Calacatta countertops, brand new stainless steel appliances, modern shaker cabinets, and an oversized kitchen sink. Centrally located near Downtown Anaheim and within walking distance to the trendy Packing District, farmer's market, parks, and restaurants. A few miles from Disneyland, the Convention Center, Honda Center, and Angels Stadium, with easy access to freeways.

  • September, 2022

  • Sep 16, 2022

    Date

    Sold

    CRMLS: PW22163704

    $1,100,000

    Price

  • Jul 27, 2022

    Date

    Active

    CRMLS: PW22163704

    $1,149,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2022

  • Sep 16, 2022

    Date

    Sold

    CRMLS: PW22165106

    $1,100,000

    Price

  • Jul 27, 2022

    Date

    Active

    CRMLS: PW22165106

    $1,149,000

    Price

  • December, 2021

  • Dec 11, 2021

    Date

    Active

    CRMLS: PW21258231

    $549,000

    Price

  • Dec 4, 2021

    Date

    Coming Soon

    CRMLS: PW21258231

    $549,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity near Downtown Anaheim!! This vintage home sits on a corner lot & features 2 bedrooms, 1 bath, spacious kitchen, double pane windows, large backyard, and more. The property is located near Pearson Park, within walking distance to the Anaheim Packing House, Farmers Market, close to schools, shopping, 91/5 freeways and more. Don't miss this great opportunity!

  • September, 2020

  • Sep 29, 2020

    Date

    Canceled

    CRMLS: IG19249424

    $649,000

    Price

  • Jun 2, 2020

    Date

    Price Change

    CRMLS: IG19249424

    $649,000

    Price

  • Oct 24, 2019

    Date

    Active

    CRMLS: IG19249424

    $729,900

    Price

  • Listing provided courtesy of CRMLS

    Corner lot duplex, very well located near downtown Anaheim. This vintage home was built in 1911 and all repairs and modifications must comply with the city's historic guidelines. Back unit may not be permitted and some of the modifications to the front unit may not be in full compliance with the city's historic requirements.

  • November, 2005

  • Nov 9, 2005

    Date

    Sold (Public Records)

    Public Records

    $637,000

    Price

  • June, 2001

  • Jun 14, 2001

    Date

    Sold (Public Records)

    Public Records

    $257,000

    Price

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Tax History for 524 E Adele St

Assessed Value (2020): $670,000
Year Land Value Improved Value Assessed Value
2020 $635,506 $34,494 $670,000

Home Value Compared to the Market

This property vs the competition

524 E Adele St sold on September 16, 2022 for 30.57% 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 $633.41 per/sqft which puts the price per square foot 16.86% higher than the current median sale per square foot for the city of Anaheim.

About 524 E Adele St

Detailed summary of property

524 E Adele St is a multi family that recently sold in Anaheim, CA 92805. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,814 living square feet, and sits on an approximately 5,676 square foot lot. 524 E Adele St was first listed on ArdentRealEstateGroup.com on July 28, 2022. The homeowner sold the property for $1,100,000. 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 30.57% higher than the current median priced home. Local homes that are currently for sale include 13931 Leffingwell Rd, 13976 Coteau Dr and 7851 Cypress Dr. While the average home in Anaheim, CA is selling in 44 days, 524 E Adele St has a days on market of 29 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 524 E Adele St Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 524 E Adele St

Public county record property details
Beds
2
Baths
1
Year built
1911
Sq. Ft.
952
Lot Size
5,676
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
1
APN
035-175-08

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
$800,000
Median List Price/Sq.Ft.
$565
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$510
Total Inventory
58
Median Sale to List Price %
100%
Avg Days on Market
32
Loan Type
Conventional (36.84%), FHA (10.53%), VA (0%), Cash (42.11%), Other (5.26%)

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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.