122 North Merrimac Drive

Anaheim, CA 92807

$1,599,000
Price
8
Beds
5
Baths
4,081 Sq. Ft.
$392 / Sq. Ft.
4,081
Sq. Ft.
$392
per Sq. Ft.

Description

Just Reduced Price! 1/31/25 Look at this well-maintained 4-Plex located on the border of Orange, offering a fantastic investment opportunity. The front unit features a spacious 3-bedroom, 2-bath floor plan with a fireplace and a two-car garage. Two additional units provide 2 bedrooms and 1 bath each, while the fourth unit is a 1-bedroom, 1-bath. All units come with private or shared garage spaces, as well as inside laundry. The property also includes 5 additional uncovered parking spaces. The balcony...Just Reduced Price! 1/31/25 Look at this well-maintained 4-Plex located on the border of Orange, offering a fantastic investment opportunity. The front unit features a spacious 3-bedroom, 2-bath floor plan with a fireplace and a two-car garage. Two additional units provide 2 bedrooms and 1 bath each, while the fourth unit is a 1-bedroom, 1-bath. All units come with private or shared garage spaces, as well as inside laundry. The property also includes 5 additional uncovered parking spaces. The balcony has recently been inspected and signed off as required. All units are currently rented, making this a solid income-producing property. Must See!
  1. Listed by Hector Aguirre • DRE #01223339 • Brokerage DRE #01885348 • KW Vision • HectorSellsHomes@gmail.com

Property Details for 122 North Merrimac Drive

View
None
Parking Spaces Total
10
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4081
LISTING UPDATED: 01/31/2025 11:07 AM

Property Details for 122 North Merrimac Drive

StatusActive
MLS #TR24252218
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.16 AC / 6,970 SF
CountyOrange County

Building Information for 122 North Merrimac Drive

Stories2Residences-Year Built1964Building Size-Lot Size0.16 AC / 6,970 SF

Property Information for 122 North Merrimac Drive

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $79,440
  • Gross Scheduled Income: $79,440
  • Net Operating Income: $59,113
Expense Details
  • Operating Expense: $20,327
  • Gardener Expense: $1,080
  • Insurance Expense: $1,644
  • Maintenance Expense: $995
  • Other Expense: $14,039
  • Other Expense Description: taxes
  • Trash Expense: $0
  • Water Sewer Expense: $2,569
  • Total Expenses: $20,327
Tax / Assessment Info
  • Tax Tract Number: 5063
  • Tax Census Tract: 762.02
  • CFD/Mello-Roos Fee: $1,035
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Equipment: Dishwasher, Inside
Exterior Features
  • Door Features: Sliding Doors
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: Front
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Lawn, Sprinkler System
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,375
  • Unit Type Total Rent: $2,375
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,565
  • Unit Type Total Rent: $1,565
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,675
  • Unit Type Total Rent: $1,675
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Disposal: 4
  • Number Wall AC: 3

Property History for 122 North Merrimac Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122 North Merrimac Drive

Taxable ValueLand$984,280Additions$257,005Total$1,241,285
Tax Record2024$14,198 ($1,183 / month)
Home Facts
Total Finished SqFt4,083 SqFtAbove Grade Finished SqFt4,083 SqFtStories2Lot Size7,134 SqFtStyleQuadraplexYear Built1964CountyORANGEAPN360-191-17

Schools near 122 North Merrimac Drive

This home is within Orange Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Olive Elementary School
PublicK to 6

El Rancho Charter School
Charter7 to 8

Canyon High School
Public9 to 12

Canyon Hills School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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122 North Merrimac Drive is a multi-family home for sale in Anaheim, CA 92807. This property was listed for sale on December 19, 2024 by KW Vision, it's currently listed at $1,599,000. It has been on the market for a total of 52 days and was last sold on March 5, 2019. This listing's school district is Orange Unified School District. Nearby schools include Olive Elementary School, El Rancho Charter School and Canyon High School. 122 North Merrimac Drive is a 8-bed, 5-bath, 4,081 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Vision, Hector Aguirre, DRE #01223339

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.