Residential Income – 120 N Syracuse St, Anaheim, CA 92801, USA -001-11-30T00:00:00-08:00
Villa Del Sol Apartments is a 70-unit multifamily investment property located in West Anaheim, one of the premier rental markets in Southern California. The 58,811 square foot property consists of one- and two-bedroom floor plans, 14 of which are two bed / o
120 N Syracuse St, Anaheim, CA 92801, USA
$20,730,000 USD
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Address120 North Syracuse Street, Anaheim
Price$20,730,000
Price Changed0.95% (-$200,000, 19 days ago)
Year Built1966
Bedrooms Total0
Living Area58,811 ft2
Lot Size (Sq.Ft.)108,900
Listing IDOC19223267
StatusActive
Parcel Number07060219
Special ConditionsStandard
Days on Market256

Detailed Description: Villa Del Sol Apartments is a 70-unit multifamily investment property located in West Anaheim, one of the premier rental markets in Southern California. The 58,811 square foot property consists of one- and two-bedroom floor plans, 14 of which are two bed / one and a half bath townhomes. Built in 1966, Villa Del Sol Apartments offers amenities including ample garage parking, controlled access, a well-maintained and spacious courtyard, a sparkling swimming pool, private patios / balconies, and on-site laundry facilities. The property recently underwent exterior renovations including new paint, windows (select units), landscaping, monument signs and an updated swimming pool. It’s these quality amenities that will continue to drive the property’s success.

Laundry
Pool Private
Rent Control
Senior Community
Property Attached
Land Lease

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Address Information
Address120 North Syracuse Street, Anaheim
Street PrefixNorth
Street SuffixStreet
CityAnaheim
Location (MLS Area)699 – Not Defined
County Or ParishOrange
State or ProvinceCA
Postal Code92801
Postal Code Plus47340
CountryUS
Financial Information
Price Changed-0.9556%
Previous Price$20,930,000
Price per Square Foot$352.49
Price per Lot Square Foot$190.36
Special ConditionsStandard
Total Expenses$504,274
Professional Management Expense$50,120
Licenses Expense$10,500
Operating Expense$504,274
Insurance Expense$17,496
Electric Expense$22,277
Water Sewer Expense$22,278
Workman\’s Compensation$28,000
Trash Expense$22,278
Maintenance Expense$35,000
Fuel Expense$22,277
Other Expense DescriptionOther
Other Expense$30,400
Gross Operating Income$1,432,004
Gross Income$1,473,431
Gross Scheduled Income$1,473,431
Net Operating Income$927,730
Total Actual Rent$115,075
Tax Year2000
Tax Lot1
New Taxes Expense$243,648
Full Descriptions
Parcel Number07060219
Detailed DescriptionVilla Del Sol Apartments is a 70-unit multifamily investment property located in West Anaheim, one of the premier rental markets in Southern California. The 58,811 square foot property consists of one- and two-bedroom floor plans, 14 of which are two bed / one and a half bath townhomes. Built in 1966, Villa Del Sol Apartments offers amenities including ample garage parking, controlled access, a well-maintained and spacious courtyard, a sparkling swimming pool, private patios / balconies, and on-site laundry facilities. The property recently underwent exterior renovations including new paint, windows (select units), landscaping, monument signs and an updated swimming pool. It’s these quality amenities that will continue to drive the property’s success.
Lot FeaturesLandscaped
Community FeaturesSidewalks, Street Lights
Water SourcePublic
Laundry FeaturesCommunity
Sewer DescriptionPublic Sewer
Pool FeaturesCommunity
Property parameters
Year Built1966
Living Area (Sq.Ft.)58,811 ft2
Lot Size (Sq.Ft.)108,900
Lot Size (Acres)2.5
Lot Size SourceAssessor
Number of Buildings2
Number of Units Leased70
Number of Units Total70
Stories Total2
Parking Spaces94
Garage Spaces84
Uncovered Spaces2
LevelsTwo
Carport Spaces8
Water SourcePublic
Units Total70
Year Built SourceAssessor
Vacancy Allowance Rate3%
Number of Separate Water Meters1
Listed withTyler Leeson (Marcus & Millichap RE Invest)
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