605 S Lemon St, Anaheim, CA 92805
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605 S Lemon St Anaheim, CA 92805

$850,000 Sold Price as of 12/22/2020
  • 4 Beds
  • 3 Baths
  • 2,205 Sq.Ft.
Sold
$850,000 Sold Price as of 12/22/2020 Refinance Your Mortgage

Map preview of 605 S Lemon St, Anaheim, CA 92805

Property Overview: 605 S Lemon St Anaheim, CA has 4 bedrooms, 3 bathrooms, 2,205 living square feet and 6,584 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful, completely remodeled, turn-key investment property (duplex) located in the Anaheim Colony. This property was just taken down to the studs, and then put back together with all new: insulation, drywall, flooring, baseboards, casings, trim, cabinets, countertops, stainless steel appliances, central HVAC, and paint throughout. The exterior was completely redone with new stucco (top coat), decorative drives/ walks/ patios, and landscaping. A new master suite (bedroom, bath, walk in closet) was added on as well. Everything but the foundation, studs, and roof (10yrs old) is brand new. Remodel was completed in October of 2020. Property is 2 blocks from the Packing House. The front house includes: 3 bedrooms, 2 baths, laundry room, dining room, kitchen, living room, private front and rear yards, and a beautiful front porch. The rear house is a detached 1 bedroom 1 bath 'casita'. Both units are on new 1 year leases - rear house started in October, front house started in November. The tenants were selected from a deep pool of applicants, and are well qualified and low impact. The list price represents a 5.5% cap rate on existing rents and expenses (property tax based on list price). Inspections can be done after accepted offer.

Listed by Jeff Leeper | BRE #01428794 | Jeffrey A. Leeper,Broker
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
6,584
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC20243458
City
Anaheim
County
Orange
Time on Site
1199 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $39,600
  • Total Rent: $39,600
  • Pro Forma/Market Rent: $39,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $19,800
  • Total Rent: $19,800
  • Pro Forma/Market Rent: $19,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,400
  • Net Operating Income: $47,580
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,820
  • New Taxes: $9,540
  • Trash: $480
  • Gardener: $480
  • Insurance: $600
  • Water/Sewer: $720

Property Details for 605 S Lemon St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Landscaped, Yard
  • Lot Size Source: Plans
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Year Built Source: Public Records
  • 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
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Vineyard Lots
  • Directions: Just south of Lemon and Water. 1 block west of Anaheim Blvd.
Neighborhood Information
  • Community Features: Gutters, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Anaheim Agent

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Sale History for 605 S Lemon St

Last leased for $1,900 on January 4th, 2022
  • January, 2022

  • Jan 5, 2022

    Date

    Leased

    CRMLS: OC21258734

    $1,900

    Price

  • Listing provided courtesy of CRMLS

    This is a back unit in a Duplex. Please do not disturb any of the tenants. Unit is currently occupied. All showings will be by appointment only on this completely remodeled adorable Casita. This unit is ideal for a someone looking for privacy in your own detached home. Property features, inside laundry hookups, fireplace, window ac and a large private fenced back yard. The owner pays for water and trash and its walking distance to the popular packing district, shopping and schools and Disneyland!

  • December, 2020

  • Dec 26, 2020

    Date

    Sold

    CRMLS: OC20243458

    $850,000

    Price

  • Dec 6, 2020

    Date

    Pending

    CRMLS: OC20243458

    $869,000

    Price

  • Nov 20, 2020

    Date

    Active

    CRMLS: OC20243458

    $869,000

    Price

  • June, 2010

  • Jun 17, 2010

    Date

    Sold (Public Records)

    Public Records

    $340,000

    Price

  • April, 2010

  • Apr 23, 2010

    Date

    Sold (Public Records)

    Public Records

    $292,000

    Price

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Tax History for 605 S Lemon St

Assessed Value (2020): $401,297
Year Land Value Improved Value Assessed Value
2020 $334,527 $66,770 $401,297

Home Value Compared to the Market

This property vs the competition

605 S Lemon St sold on December 22, 2020 for 1.25% lower 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 $394.1 per/sqft which puts the price per square foot 27.29% lower than the current median sale per square foot for the city of Anaheim.

About 605 S Lemon St

Detailed summary of property

605 S Lemon St is a multi family that recently sold in Anaheim, CA 92805. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,205 living square feet, and sits on an approximately 6,584 square foot lot. 605 S Lemon St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $850,000. 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 1.25% lower than the current median priced home. Local homes that are currently for sale include 2406 Angela St, 1746 E Florida St and 1861 Orange Ave. While the average home in Anaheim, CA is selling in 44 days, 605 S Lemon St has a days on market of 14 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 605 S Lemon 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 605 S Lemon St

Public county record property details
Beds
2
Baths
1
Year built
1930
Sq. Ft.
1,175
Lot Size
6,444
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
H5,H
APN
036-225-43

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
$829,275
Median List Price/Sq.Ft.
$558
Median Sold Price
$895,000
Median Sold Price/Sq.Ft.
$540
Total Inventory
54
Median Sale to List Price %
102.99%
Avg Days on Market
21
Loan Type
Conventional (52%), FHA (4%), VA (4%), Cash (16%), Other (24%)

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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.