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938 S Gilbuck Dr Anaheim, CA 92802

$1,695,000

6 Beds
0 Baths
2,932 Sq.Ft.

For Sale

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Map preview of 938 S Gilbuck Dr, Anaheim, CA 92802

Property Overview: 938 S Gilbuck Dr Anaheim, CA has 6 bedrooms, -- bathrooms, 2,932 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: The Gilbuck Apartments are in the prime, rental market of Anaheim, CA surrounded by employment, educational, recreational and retail opportunities. The Anaheim rental market is one of the most robust in the county with historically high occupancy, strong rental growth, and highly desirable location. The property, built in 1960, is entirely single-story construction, offers tenants carport parking, individual metering for utilities, and a desirable unit mix of 80% one-bedroom and 20% two-bedroom units. The property's location offers tremendous access to freeways for tenants to reach the greater SoCal area and other employment opportunities. Within the immediate area of the Gilbuck Apartments are thousands of employment opportunities, recreational opportunities including public parks, movie theaters, and Disneyland, retail and shopping centers, and numerous educational opportunities.

Listed by Jason Kirklen | BRE #01939655 | Kirklen Investment Group

Last checked: 6 minutes ago | Last updated: February 26th, 2024 | Source CRMLS | DOM: 57

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Home details

Lot Sq. Ft: 8,276
HOA Dues: $0/mo
Year built: 1960
Garage: 3 Car
Property Type:: Apartment

Status: Active
MLS#: OC24036329
City: Anaheim
County: Orange
Time on Site: 70 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 5
Total # of Buildings: 2
# of Electric Meters: 5
# of Gas Meters: 5
# of Water Meters: 1

Unit Breakdown 1

# of Units: 4
# of Beds: 1
# of Baths: 0
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,848
Total Rent: $7,390
Pro Forma/Market Rent: $2,175

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 0
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,136
Total Rent: $2,136
Pro Forma/Market Rent: $2,450

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $114,312
Net Operating Income: $72,005
Gross Operating Income: --
Garage Rental Income: $1,200
Laundry Income: $1,500

Annual Expense Breakdown

Total Operating Expense: $41,578
Trash: $1,320
Insurance: $2,713
Professional Management: $5,159
Water/Sewer: $2,628

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Property Details for 938 S Gilbuck Dr

Interior Features

Laundry Information

Has Laundry
Community

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 3
# of Parking Spaces: 3

Lot Information

Lot Features: 11-15 Units/Acre
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

Common Walls: 1 Common Wall
Total # of Units: 5
Parcel Number: 25017406
Year Built Source: Assessor
Entry Level: 1
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: 5 North, W Ball Rd

Neighborhood Information

Community Features: Curbs, Gutters, Sidewalks

View more facts & features

Local Anaheim Agent

Sale History for 938 S Gilbuck Dr

Last sold for $690,000 on November 23rd, 2005

February, 2024
Feb 21, 2024

Date

Active

CRMLS: OC24036329

$1,695,000

Price
November, 2005
Nov 23, 2005

Date

Sold (Public Records)

Public Records

$690,000

Price

Tax History for 938 S Gilbuck Dr

Assessed Value (2020): $836,888

Year	Land Value	Improved Value	Assessed Value
2020	$711,355	$125,533	$836,888

Home Value Compared to the Market

This property vs the competition

938 S Gilbuck Dr is listed 97.09% higher than the median list price for the city of Anaheim which has a median list price of $860,000. The median price per/sqft for Anaheim is $559 and this home is listed at $578.1 per/sqft which puts the price per square foot 3.42% higher than the median price per square foot for the city of Anaheim.

About 938 S Gilbuck Dr

Detailed summary of property

938 S Gilbuck Dr is a apartment located in Anaheim, CA 92802 and is currently for sale. This apartment offers 6 bedrooms, -- bathrooms, roughly 2,932 living square feet, and sits on an approximately 8,276 square foot lot. 938 S Gilbuck Dr was first listed on ArdentRealEstateGroup.com on February 22, 2024. The homeowner is currently asking $1,695,000. The median priced home in Anaheim is $860,000 with a median price per square foot of $559. Based on Ardent Real Estate Group's Anaheim Market Data, this home is listed 97.09% higher than the median priced home. Local competing homes currently for sale include 1401 E Lincoln Ave, 8860 Tina Way and 1556 E Benmore Ln. While the average home in Anaheim, CA is selling in 44 days, 938 S Gilbuck Dr has a days on market of 57 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 938 S Gilbuck Dr Anaheim, CA 92802 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 938 S Gilbuck Dr

Public county record property details

Beds: --
Baths: --
Year built: 1960
Sq. Ft.: 775
Lot Size: 8,310
Stories: --

Type: Apartments (Generic)
Pool: No
Spa: No
County: Orange
Lot#: 85
APN: 250-174-06

The source for these homes facts are from public records.

92802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$979,000

Median List Price/Sq.Ft.

$540

Median Sold Price

$785,000

Median Sold Price/Sq.Ft.

$496

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (40%), FHA (0%), VA (20%), Cash (10%), Other (30%)

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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.