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625 W Bellevue Dr, Anaheim, CA 92805
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625 W Bellevue Dr Anaheim, CA 92805

$1,770,000 Sold Price as of 06/23/2022
  • 9 Beds
  • 6 Baths
  • 4,871 Sq.Ft.
Sold
$1,770,000 Sold Price as of 06/23/2022 Refinance Your Mortgage
Map preview of 625 W Bellevue Dr, Anaheim, CA 92805

Property Overview: 625 W Bellevue Dr Anaheim, CA has 9 bedrooms, 6 bathrooms, 4,871 living square feet and 8,162 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 625 W Bellevue Drive is an immaculately maintained 6-unit apartment community located in the exceptionally strong rental market of Anaheim. Built in 1960,the subject property offers a preferred unit mix of one and two bedroom units. This professionally managed apartment complex, which is on the market for the first time in over 17 years, has been well maintained and has received mild improvements throughout the years. The property offers appealing amenities including security doors, a shared courtyard, an onsite laundry facility and (6) single-car garages. Tenants also enjoy the property's ideal proximity (approximately 1 mile) to the trendy and urban Anaheim Packing District, and is approximately 1.5 miles to Disneyland, a major employer to the citizens of Anaheim and a favorite local attraction. Through modernization of the interiors and increases on current rents, which all tenants are eligible for, this investment opportunity offers a strong long-term hold strategy with exceptional growth potential for any type of investor.

Listed by Rick Applebaum | BRE #01273871 | Morgan Skenderian
Co-listed by Paul Espinosa | BRE #01942627 | Morgan Skenderian
Last checked: 3 minutes ago | Last updated: June 28th, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
8,162
HOA Dues
$0/mo
Year built
1960
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22045789
City
Anaheim
County
Orange
Time on Site
800 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # 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: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $3,190
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,245
  • Total Rent: $2,490
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,695
  • Total Rent: $1,695
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $105,492
  • Net Operating Income: $66,359
  • Gross Operating Income: $102,327
  • Vacancy Allowance: $3,165
  • Laundry Income: $21
Annual Expense Breakdown
  • Total Operating Expense: $35,968
  • Electric: $1,687
  • Gas/Fuel: $1,687
  • New Taxes: $21,718
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,948
  • Maintenance: $6,140
  • Professional Management: $0
  • Water/Sewer: $1,687
  • Other Expenses: $500
  • Other Expense Description: Misc

Property Details for 625 W Bellevue Dr

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 25115108
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Ball Road, East of 5 Freeway
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Anaheim Agent

Sale History for 625 W Bellevue Dr

Last sold for $1,770,000 on June 23rd, 2022

  • June, 2022

  • Jun 23, 2022

    Date

    Sold

    CRMLS: PW22045789

    $1,770,000

    Price

  • Mar 8, 2022

    Date

    Active

    CRMLS: PW22045789

    $1,775,000

    Price

  • November, 2006

  • Nov 1, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2004

  • Jul 1, 2004

    Date

    Sold (Public Records)

    Public Records

    $795,000

    Price

Show More

Tax History for 625 W Bellevue Dr

Assessed Value (2020): $989,933
Year Land Value Improved Value Assessed Value
2020 $791,946 $197,987 $989,933

Home Value Compared to the Market

This property vs the competition

625 W Bellevue Dr sold on June 23, 2022 for 101.7% 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 $364.4 per/sqft which puts the price per square foot 32.77% lower than the current median sale per square foot for the city of Anaheim.

About 625 W Bellevue Dr

Detailed summary of property

625 W Bellevue Dr is a multi family that recently sold in Anaheim, CA 92805. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 4,871 living square feet, and sits on an approximately 8,162 square foot lot. 625 W Bellevue Dr was first listed on ArdentRealEstateGroup.com on March 8, 2022. The homeowner sold the property for $1,770,000. 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 101.7% higher than the current median priced home. Local homes that are currently for sale include 2112 S Cindy Pl, 1210 S Athena Way and 1556 E Benmore Ln. While the average home in Anaheim, CA is selling in 40 days, 625 W Bellevue Dr has a days on market of 16 days. There are currently 258 homes for sale in the Anaheim real estate market and 151 of them are single family homes while 78 of them are condos and 29 are townhomes. For more information on this home for sale at 625 W Bellevue Dr Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 625 W Bellevue Dr

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
4,871
Lot Size
8,162
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
20
APN
251-121-08

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
$825,000
Median List Price/Sq.Ft.
$575
Median Sold Price
$895,000
Median Sold Price/Sq.Ft.
$540
Total Inventory
65
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.

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