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Description
This FourPlex(2 units are 3 bed/1 bath and 2 units are 1 bed/1 bath)has been featured in a renown Historic Home Magazine and is an Investors DREAM w/ excellent CAP rate,lots of upward rent potential,property tax savings w/ Mills Act,all on a MASSIVE lot(11,865 sq feet!)that's zoned RM-4 which has possibility of adding multiple units to increase income to an even greater return!Or for the owner-resident,these units have unusually nice curb appeal, along with Pride of ownership upgrades thru-out,making this a trophy property w/ attractive neighborhood amenities.A HUGE parking area has 6 uncovered spots,also has lush grassy play area for sports:basketball/baseball/soccer,even gardening.All new awnings,accented by new paint,Rose gardens,a detached freshly repainted 1 bath/1 bed Craftsman Cottage.One garage unit is rented for storage for $150 a month.Large Planters all around,2 orange trees & 2 avocado trees,one lime,one pomegranate,new paint on buildings and fencing/gate,new light fixtures at street frontage,rock bed(acts as dry well),new 80sf storage shed,newer 64 sf alum shed,new fencing.Formally named Hedges-Mikkelson Court,this property has been designated as historically significant to the Anaheim Colony Historic District under the city of Anaheims Mills Act program,allowing property taxes to be kept low.Most of the gentrifying neighborhood has been gorgeously remodeled and O.C. Foodies love the local restaurants only steps away at the Packing House.Some extras in each unit:#209 (3/1):new heater,new lights,new kitchen tile countertops &cstained cabinets,complete restroom u
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