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Sold for $3,350,000
  • Listing Provided by: Triqor Group
    Bought with: Triqor Group
    $3,350,000

    927 S Bruce St, Anaheim, CA 92804

    8beds
    14baths
    7,579sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $442/sqft
    $1,955 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,955/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    James Wardlaw DRE #02061381 949-756-3232,

    Triqor Group

    Bought with:

    Gary Tolfa, DRE #00955403

    Triqor Group

    Source: CRMLS,MLS#: PW24188324MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 14
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,579
    • Total interior livable area: 7,579 sqft

    Property

    Parking
    • Total spaces: 28
    • Parking features: Garage
    • Garage spaces: 16
    • Uncovered spaces: 12
    Features
    • Levels: One
    • Stories: 1
    • Entry location: /
    • Pool features: None
    Lot
    • Size: 0.58 Acres
    • Features: Rectangular Lot
    Details
    • Parcel number: 12729214
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Anaheim
    • Subdivision: Anaheim

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    11/27/2024Sold$3,350,000-9.5%$442/sqft
    Source: CRMLS #PW24188324 Report a problem
    11/5/2024Contingent$3,700,000$488/sqft
    Source: CRMLS #PW24188324 Report a problem
    9/10/2024Listed for sale$3,700,000$488/sqft
    Source: CRMLS #PW24188324 Report a problem
    4/19/2016Listing removed$1,300-7.1%
    Source: Income Property Management Report a problem
    1/20/2016Price change$1,400+43.6%
    Source: Income Property Management Report a problem
    12/22/2015Listed for rent$975
    Source: Income Property Management Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West Anaheim

    Nearby schools

    GreatSchools rating