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The One Luxury Properties
735 N Philadelphia, Anaheim, CA 92805
- $1,275,000
- List Price
- $1,275,000
- Status
- ACTIVE
- Days on Market
- 87
- Price Change
- ▼ $75,000 1785192411
- MLS#
- OC26154496
- Subtype
- Residential Income
- Year Built
- 1965
- Lot Size
- 7,841
- Acres
- 0.18
- Subdivision
- Other
- Neighborhood
- Other
- MLS Area Major
- Anaheim East of Harbor (78)
Property Description
Turnkey, fully renovated duplex generating $7,200 per month in gross rental income. Situated on a 7,841 square foot lot, this exceptional investment features two detached homes, both extensively remodeled and fully leased. The property has undergone significant capital improvements, including new plumbing, a new roof, new windows, fresh exterior paint, and new hardscape, providing a low-maintenance investment for years to come. Utilities include three electric meters, two gas meters, and one water meter. A detached two-car garage and additional alley-access parking offer ample parking options. Architectural plans and supporting documents for an ADU conversion are complete and on hand, ready for submission to the City, presenting an outstanding value-add opportunity for future income potential (buyer to verify all plans, permits, and development requirements). This is a rare opportunity to acquire a stabilized, income-producing property with immediate cash flow and significant upside.
Additional Information
- Pool Type
- None
- Parking Features
- Assigned
- Garage Spaces
- 2
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Listing courtesy of Listing Agent: Yazen Haddad (haddad.yazen@gmail.com) from Listing Office: E Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.