927 South Bruce Street
$3,350,000
1
14
7,579
7,579
$442
Closed 11/27/24
Description
We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own...We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Don’t miss out on this outstanding investment opportunity!
- Listed by James Wardlaw • DRE #02061381 • Brokerage DRE #01921625 • Triqor Group • 949-756-3232
Property Details for 927 South Bruce Street
Parking Spaces Total
28
Private PoolNo
Total Units14.0
Building TypeAttached
Lot Size SourcePublic Records
Living Area7579
Assessor Parcel Number127-292-14
Property Attached YNtrue
LISTING UPDATED: 12/03/2024 06:56 AM
Property Details for 927 South Bruce Street
Status | Closed |
---|---|
MLS # | PW24188324 |
Days on Market | 56 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1959 |
County | Orange County |
Building Information for 927 South Bruce Street
Building/Complex927 S Bruce StFloor-Stories1Residences-Pet Policy-Year Built1959Building Size-
Property Information for 927 South Bruce Street
Property History for 927 South Bruce Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 927 South Bruce Street
Taxable ValueLand$1,817,040Additions$436,545Total$2,253,585
Tax Record2024$28,081 ($2,340 / month)
Home Facts
Total Finished SqFt7,579 SqFtAbove Grade Finished SqFt7,579 SqFtStories2Lot Size24,707 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyORANGEAPN127-292-14
Schools near 927 South Bruce Street
This home is within Anaheim Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Walt Disney Elementary School PublicK to 6 | ||
Dale Junior High School Public7 to 8 | ||
Magnolia High School Public9 to 12 | ||
Cambridge Virtual Academy Public7 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.
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