111 E Leatrice Ln, Anaheim, CA 92802

Studio-- baths5,042 sqft Edit

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Sold: $1,150,000
Sold on 07/31/14
Zestimate®: $1,140,777
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My Notes

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The Property is Located in High Rental Demand and High Employment Area of Anaheim Which is Near Disneyland. One Building has 4 Units, The Other Building has 2 Units. All Units are 2 Bedrooms with 1 Bath. Monthly Gross Rental Income is $ 7,475 ( $1250 x 5 units + $1225 x 1 Unit), so Annual Income is $89,700. Total Annual Expense and Property Tax is $ 21,900 , Cap Rate : 5.80 %. All the Units Have Been Completely Remodeled in 2013. New Tile Flooring, Kitchen with New Cabinets and Granite Counter Tops. New Windows Through Out All Units. Bathroom Upgrades with Tile Wall. 8 Car Garage. On-Site Laundry Room with Additional Laundry Income. Each Units Has Its Own Gas and Electric Meters. Low Maintenance. Easy Access to Freeways 5, 22 and 57. Nearby Honda Center, Disneyland. Brokered And Advertised By: C-21 E-N Achievers Realty Listing Agent: Sheng Wang  More Less 

Facts

  • Lot: 8,664 sqft
  • Single Family
  • Built in 1962
  • Views: 1,586 all time views
  • Last sold: Jul 2014 for $1,150,000
  • Last sale price/sqft: $228

Features

  • Parking: 8 spaces

      Construction

      • Roof type: Other
      • Structure type: Other
      • Unit count: 6

      Other

      • Floor size: 5,042 sqft
      • Parcel #: 13734210
      • Zillow Home ID: 25245235

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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      $1,140,777
      +$3,621 Last 30 days
      $1.08M
      $1.20M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $2,625/mo
      +$142 Last 30 days
      $1.5K
      $3.5K
      Zestimate range
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      $XXX,XXX
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      Popularity on Zillow

      1,586 all-time views
      of this home (chart)
       

      Comparable Homes

      Homes like this sold for $1.11M.

      $970K
      $1.25M
       

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      Neighborhood

      Market guide

      Zillow predicts Anaheim Resort home values will increase 7% next year, compared to a 7.2% rise for Anaheim as a whole. Among Anaheim Resort homes, this home is valued 202.5% more than the midpoint (median) home, but is valued 20.3% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Anaheim Resort, the number of foreclosures waiting to be sold is 558.8% higher than in Anaheim, and 326.7% higher than the national average. This higher local number may prevent Anaheim Resort home values from rising as quickly as other regions in Anaheim.

      Learn more about forecast calculations or Anaheim Resort home values.
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        For Sale

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        Rentals

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        Other Units in this Building (1)ZestimateBedsBathsSqft
        Apt 3$272K21840

        Nearby Schools in Anaheim

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org