1381 S Walnut Street #2808

Anaheim, CA 92802

$ 500,000

Price

2

Beds

2.5

Baths

988 Sq. Ft.

$506 / Sq. Ft.

Zillow Price Estimate - $499,999

2088 Days On Market

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Listed By Casey Kirkland (DRE# 02080950) at Anderson Ballard Companies.

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Take advantage of this rare income producing property right next to Disneyland! This condo is currently operating as a fully licensed, short-term rental property approved by the city of Anaheim, the HOA and CC&Rs. It is 1 of 277 permitted short term rental properties in the entire city of Anaheim. The city of Anaheim no longer issues new short term rental permits. The property boasts updated bathrooms and flooring. All furniture, fixtures, appliances and future reservations on VRBO are included in the sale. The property includes a single car detached garage and assigned parking space. You also have access to a playground and two swimming pools. Over the past 3 years the property has an average occupancy rate of 85%. Over the past 36 months, it's averaged $4,700/month in gross income. With the low interest rates that are currently available and the buyer managing the property, the Cap Rate could easily approach 10% on this investment.

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Property Type Condominium
Year Built 1974
MLS # OC20108718
Listing Type Closed
Heating Central, Natural Gas
Cooling Central Air, Electric, High Efficiency
Pool Association
Laundry Dryer Included, In Closet, Washer Included

Last Updated: 2081 days ago

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Property Details for: 1381 S Walnut Street #2808

Interior Features

Bathroom Information
  • 2 full baths, 1 half bath
Laundry Information
  • Dryer Included
  • In Closet
  • Washer Included
Heating & Cooling
  • Central Air
  • Electric
  • High Efficiency
  • Central
  • Natural Gas

Parking / Garage, Multi-Unit Information, Location Details

Exterior Features

Pool & Spa Information
  • Association

Property / Lot Details

Lot Information
Property Information
  • Attached
  • Tax Parcel Number: 93346040

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    Ryan Case, Licensed Realtor & Team Lead

    Ryan Case

    Licensed Realtor & Team Lead

    949-570-4445 Contact Ryan Case