$869,000 Calculate Payment
605 S Lemon Street Anaheim, CA 92805
2,205 Sq. Ft.
0.15 Acre Lot
Beautiful, completely remodeled, turn-key investment property (duplex) located in the Anaheim Colony. This property was just taken down to the studs, and then put back together with all new: insulation, drywall, flooring, baseboards, casings, trim, cabinets, countertops, stainless steel appliances..., central HVAC, and paint throughout. The exterior was completely redone with new stucco (top coat), decorative drives/ walks/ patios, and landscaping. A new master suite (bedroom, bath, walk in closet) was added on as well. Everything but the foundation, studs, and roof (10yrs old) is brand new. Remodel was completed in October of 2020. Property is 2 blocks from the Packing House. The front house includes: 3 bedrooms, 2 baths, laundry room, dining room, kitchen, living room, private front and rear yards, and a beautiful front porch. The rear house is a detached 1 bedroom 1 bath 'casita'. Both units are on new 1 year leases - rear house started in October, front house started in November. The tenants were selected from a deep pool of applicants, and are well qualified and low impact. The list price represents a 5.5% cap rate on existing rents and expenses (property tax based on list price). Please do not disturb tenants. Inspections can be done after accepted offer. Continue reading
2,205 sq. ft
Price per Sq. Ft.
Detailed Room Information
Gas Dryer Hookup, Washer Connection
Exterior / Lot Features
Additional Exterior/Lot Features
Gutters, Park, Sidewalks, Street Lights, Back Yard, Landscaped. Storm drains.
Income / Expense:
$59,400 Income, $11,820 Expense
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More