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918 S Webster Ave, Anaheim, CA 92804
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918 S Webster Ave Anaheim, CA 92804

$8,900,000 Sold Price as of 04/25/2019
  • 62 Beds
  • 46 Baths
  • 29,245 Sq.Ft.
Sold
$8,900,000 Sold Price as of 04/25/2019 Refinance Your Mortgage
Map preview of 918 S Webster Ave, Anaheim, CA 92804

Property Overview: 918 S Webster Ave Anaheim, CA has 62 bedrooms, 46 bathrooms, 29,245 living square feet and 68,824 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Arches is a 26-unit multifamily investment opportunity located in West Anaheim, California. The 29,245 square foot property consists of two, one-bedroom units, twelve, two-bedroom units, and twelve, three-bedroom units. Built in 1966, the property offers amenities including gated access, a swimming pool, private patios (select units), central AC, open and carport parking, on-site laundry, and a spacious central courtyard. Residents enjoy the walkable access to Magnolia High School and the short commute to major area points of interests and employers.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
68,824
HOA Dues
$0/mo
Year built
1966
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC19038977
City
Anaheim
County
Orange
Time on Site
1381 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 26
  • Total # of Buildings: 1
  • # of Leased Units: 26
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,870
  • Total Rent: $2,870
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,920
  • Total Rent: $6,920
  • Pro Forma/Market Rent: $7,600
Unit Breakdown 3
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,200
  • Total Rent: $14,200
  • Pro Forma/Market Rent: $16,800
Unit Breakdown 4
  • # of Units: 12
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $24,215
  • Total Rent: $24,215
  • Pro Forma/Market Rent: $30,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $596,607
  • Net Operating Income: $370,271
  • Gross Operating Income: $579,253
Annual Expense Breakdown
  • Total Operating Expense: $208,982
  • Electric: $7,500
  • Gas/Fuel: $7,500
  • New Taxes: $106,556
  • Trash: $7,500
  • Insurance: $6,692
  • Maintenance: $13,000
  • Professional Management: $20,274
  • Water/Sewer: $7,500
  • Other Expenses: $32,460
  • Other Expense Description: Other

Property Details for 918 S Webster Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 57
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 26
  • Parcel Number: 12730123
  • Year Built Source: Assessor
  • 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: W Ball Road / S Magnolia Avenue
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Anaheim Agent

Sale History for 918 S Webster Ave

Last sold for $8,900,000 on April 25th, 2019

  • April, 2019

  • Apr 25, 2019

    Date

    Sold

    CRMLS: OC19038977

    $8,900,000

    Price

  • Apr 4, 2019

    Date

    Pending

    CRMLS: OC19038977

    $9,100,000

    Price

  • Mar 27, 2019

    Date

    Active Under Contract

    CRMLS: OC19038977

    $9,100,000

    Price

  • Feb 20, 2019

    Date

    Active

    CRMLS: OC19038977

    $9,100,000

    Price

  • April, 2019

  • Apr 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $8,900,000

    Price

  • May, 2018

  • May 23, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 918 S Webster Ave

Assessed Value (2020): $4,854,720
Year Land Value Improved Value Assessed Value
2020 $3,835,229 $1,019,491 $4,854,720

Home Value Compared to the Market

This property vs the competition

918 S Webster Ave sold on April 25, 2019 for 934.09% 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 $311.16 per/sqft which puts the price per square foot 42.59% lower than the current median sale per square foot for the city of Anaheim.

About 918 S Webster Ave

Detailed summary of property

918 S Webster Ave is a multi family that recently sold in Anaheim, CA 92804. This multi family property offered 62 bedrooms, 46 bathrooms, roughly 29,245 living square feet, and sits on an approximately 68,824 square foot lot. 918 S Webster Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $8,900,000. 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 934.09% higher than the current median priced home. Local homes that are currently for sale include 1429 S Bedford St, 3355 Manning Ave and 12412 Pacific Ave. While the average home in Anaheim, CA is selling in 44 days, 918 S Webster Ave has a days on market of 35 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 918 S Webster 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 918 S Webster Ave

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
29,245
Lot Size
68,824
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
127-301-23

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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(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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