9922 Broadway, Anaheim, CA 92804
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9922 Broadway Anaheim, CA 92804

$6,800,000 Sold Price as of 03/27/2019
  • 50 Beds
  • 50 Baths
  • 21,162 Sq.Ft.
Sold
$6,800,000 Sold Price as of 03/27/2019 Refinance Your Mortgage

Map preview of 9922 Broadway, Anaheim, CA 92804

Property Overview: 9922 Broadway Anaheim, CA has 50 bedrooms, 50 bathrooms, 21,162 living square feet and 21,780 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Broadway Luxury Apartment Homes in Anaheim presents an opportunity to acquire a 25-unit apartment community. The property is located in the strong and desirable rental market of Anaheim just off the major intersection of Brookhurst and Lincoln. Built in 1989, Broadway has 21,162 square feet via its 25 two bedroom 2 bath units. The property sits on a 21,780-square foot lot and benefits from an array of building amenities such as secured gated access with pedestrian keypad entry, subterranean parking structure, security cameras throughout, on-site Landry facility, a rooftop lounge area and an elevator. All units have central air and heating, private patios/balconies and many include fireplaces. 10 of the 25 units have recently gone through extensive renovations including but not limited to new plank flooring, stainless steel appliances, granite countertops, kitchen and bathroom fixtures and new outlets.

Listed by Daniel Blackwell | BRE #01854961 | CB Richard Ellis, Inc.
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
21,780
HOA Dues
$0/mo
Year built
1989
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18378520
City
Anaheim
County
Orange
Time on Site
1133 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 25
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 25
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $41,745
  • Pro Forma/Market Rent: $45,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.64%
  • Gross Rent Multiplier: 13.84
  • Gross Scheduled Income: --
  • Net Operating Income: $329,091
  • Gross Operating Income: $497,649
  • Improvements Total: $1,845,908
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 9922 Broadway

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Subterranean
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 25
  • Parcel Number: 12709245
Location / Neighborhood
Location Information
  • Directions: Head South on Brookhurst from the 5 freeway. Make a right turn on Broadway, the property is on the left hand side.
View more facts & features

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Sale History for 9922 Broadway

Last sold for $6,800,000 on March 27th, 2019
  • March, 2019

  • Mar 27, 2019

    Date

    Sold

    CRMLS: 18378520

    $6,800,000

    Price

  • Oct 31, 2018

    Date

    Pending

    CRMLS: 18378520

    $7,100,000

    Price

  • Sep 27, 2018

    Date

    Price Change

    CRMLS: 18378520

    $7,100,000

    Price

  • Aug 22, 2018

    Date

    Active

    CRMLS: 18378520

    $7,375,000

    Price

  • February, 2019

  • Feb 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $6,800,000

    Price

  • February, 2018

  • Feb 23, 2018

    Date

    Sold (Public Records)

    Public Records

    $5,600,000

    Price

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Tax History for 9922 Broadway

Assessed Value (2020): $5,666,667
Year Land Value Improved Value Assessed Value
2020 $3,060,000 $2,606,667 $5,666,667

Home Value Compared to the Market

This property vs the competition

9922 Broadway sold on March 27, 2019 for 706.82% 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 $335.51 per/sqft which puts the price per square foot 38.1% lower than the current median sale per square foot for the city of Anaheim.

About 9922 Broadway

Detailed summary of property

9922 Broadway is a multi family that recently sold in Anaheim, CA 92804. This multi family property offered 50 bedrooms, 50 bathrooms, roughly 21,162 living square feet, and sits on an approximately 21,780 square foot lot. 9922 Broadway was first listed on ArdentRealEstateGroup.com on April 8, 2021. The homeowner sold the property for $6,800,000. 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 706.82% higher than the current median priced home. Local homes that are currently for sale include 654 E 24th St, 435 N Wilson Ave and 526 W 47th St. While the average home in Anaheim, CA is selling in 40 days, 9922 Broadway has a days on market of 70 days. There are currently 254 homes for sale in the Anaheim real estate market and 152 of them are single family homes while 70 of them are condos and 32 are townhomes. For more information on this home for sale at 9922 Broadway Anaheim, CA 92804 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 9922 Broadway

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
26,068
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
127-092-45

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
$879,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$545
Total Inventory
70
Median Sale to List Price %
100.11%
Avg Days on Market
30
Loan Type
Conventional (60%), FHA (4%), VA (0%), Cash (24%), Other (8%)

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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.